The Contribution of Improving Phosphorous Use Efficiency to Agricultural Economics: A Case Study in Türkiye

Authors : Fethi Şaban ÖZBEK

Pages : 354-363

View : 30 | Download : 40

Publication Date : 2023-08-30

Article Type : Research Paper

Abstract :The contribution of improving phosphorous insert ignore into journalissuearticles values(P); use efficiency insert ignore into journalissuearticles values(PUE); in agricultural areas of Türkiye to agricultural economics has been measured regionally for the years of 2007-2011 within this study. For this purpose, the economic benefit gained from use of P mineral fertilizers has been presented when improving PUE from 5% to maximum PUE in agricultural areas. PUE values used in this study were estimated by using hyperbolic regression model, which states the relationship between phosphorous input and output in agricultural areas of Türkiye. The results showed that important economic benefit would be gained by improving PUE, even when PUE was improved to maximum level, this benefit would be almost the half of the expenses for purchasing P mineral fertilizers. Yearly average economic benefits gained from purchasing P mineral fertilizers would be 0.22 insert ignore into journalissuearticles values($0.15 billion); and 0.82 billion TL insert ignore into journalissuearticles values($0.56 billion); by 5% improving of PUE and reaching maximum PUE, respectively over the five years 2007-2011.
Keywords : Agricultural economics, Economic benefit, Phosphorous mineral fertilizers, Phosphorous use efficiency