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Cost-Benefit Analysis of Zimbabwe’s Livestock Development Program for the Reduction of Rural Poverty and Increasing of Income and Food Security on Beef, Dairy by Improving Hygiene in their Nutritional Practices and Building of Capacity

Author

Listed:
  • Glenn P. Jenkins

    (Department of Economics, Queen's University, Kingston, Canada and Eastern Mediterranean University, North Cyprus)

  • Mikhail Miklyaev

    (JDINT’L Executive Programs Department of Economics, Queen’s University, Kingston, Ontario, Canada, and Senior Associate/ Economist Cambridge Resources International Inc.)

  • Shahryar Afra

    (Financial Analyst / Economist Cambridge Resource International Inc.)

  • Primrose V. Basikiti

    (Project Appraisal Analyst Cambridge Resource International Inc.)

Abstract

The Cost-Benefit Analysis (CBA) conducted in this program was aimed at reducing rural poverty and that will increase the incomes and food security looking at the value chain on beef and dairy for farmers producing in small scale and also to improve their hygiene and nutritional practices and building the capacity that will enhance agricultural development. The results of the cost- benefit analysis (CBA). It shows that annual income for beef cattle farmers would increase by USD419. The financial returns are driven by the significant increase in the costs associated with adopting Good Animal Husbandry Practices (GAHPs). The Veterinary Costs will increase by 475% while feeding and labor costs increased by an estimated to be 169% and 148% respectively. There also will be an increase in employment as a result of the increase in labour cost in the Value Chain.

Suggested Citation

  • Glenn P. Jenkins & Mikhail Miklyaev & Shahryar Afra & Primrose V. Basikiti, 2018. "Cost-Benefit Analysis of Zimbabwe’s Livestock Development Program for the Reduction of Rural Poverty and Increasing of Income and Food Security on Beef, Dairy by Improving Hygiene in their Nutritional," Development Discussion Papers 2018-08, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:3007
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    More about this item

    Keywords

    Zimbabwe; CBA; USAID; Livestock Development; Value Chain.;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness

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