Integration into Global Value Chains and Economic Performance of SMEs in the Beekeeping Sector
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 04
Abstract
The objective of increasing productivity and therefore the wealth created by beekeeping SMEs remains at the heart of the debates. The aim of this paper is to analyze integration into global value chains on the economic performance of beekeeping SMEs, used data collected on a snowball and matched sample of 105 integrated beekeeping SMEs. At the end of the analyses, the student's t test, generally significant at the 1% threshold, shows that a beekeeping SME would gain an average Net Income of (1199155.43 ± 369430.96 FCFA/ha) when it integrates in the international market. Thus, an active beekeeping man-day would earn remuneration of (8327.46825 ± 2565.49278 FCFA/Man-Day) when the beekeeping SME participates in the international market, much higher than what a man-day would earn when the SME participates in the market regional (5248.50503 ± 821.143995 FCFA/Man-Day) and the national market (4399.41 ± 1003.58 FCFA/Man-Day). Finally, from the apparently independent regression (SURE), it appears that the variables, use of a digital IEC platform; the certification of the cash crop, the cooperative organization and the level of education have a positive and significant influence on the economic performance of beekeeping SMEs.
Authors and Affiliations
DOMANOU Maxime , VODOUHE Fifanou , GBAGUIDI Léandre , Jacob YABI,
Keywords
Related Articles
- EP ID EP734399
- DOI 10.47191/jefms/v7-i4-31
- Views 54
- Downloads 0
The Barbie Movie Collaboration
The aim of this research is to find out strategies for success in entering the market through collaboration with local brands of Barbie products even though the film has not yet been released. Using qualitative research...
The Law on Enterprises' Investment Incentives for Foreign Investment in Vietnam
The use of foreign direct investment (FDI) is seen as an attractive instrument and lever to support socio-economic development in the current phase of the nation's accelerated industrialization and modernization. Vietnam...
Factors Affecting Behavioral and Psychological Perspective of Young Vietnamese Customers in Buying Second-Hand Clothes
Encouraging the purchase of second-hand clothes is a viable strategy to reduce the negative consequences of the fashion industry. The research examines the second-hand clothing behavior of Vietnamese young customers base...
Analysis of Acceptance Differences Between Baby Boomers and Other Generations Toward Digital Banking Services in Indonesia
The rapid advancement of digital technology has significantly transformed the banking sector, making digital banking services essential for modern society due to their convenience and time efficiency. However, adoption r...
Urgency of Halal Certification on the Performance of MSMEs
This research aims to explain the effect of halal certification on the financial performance of MSMEs, which is mediated by innovation performance. Halal certification is required for MSME food products along the supply...