Priceless land: valuation and compensation of expropriated farmland in the Amhara region, Ethiopia
JOURNAL OF EASTERN AFRICAN STUDIES
Authors: Aspen, Harald; Woldeyesus, Bedemariam
Abstract
In Ethiopia, farmland belongs to 'the people' (the state) and cannot be sold or bought, but compensatory measures have been introduced for land expropriated for infrastructure and industry. The article analyses processes of valuation and compensation of land in Kombolcha district in the Amhara region of Ethiopia. Here numerous projects have affected highly productive farmland over the last decade. Monetary compensation to land holders whose farmland is expropriated is relatively new in Ethiopia, and we explore how peasants and authorities gradually have attained increased competence in dealing with land valuation and compensation, faced with often obscure and contradictory legislation.
A non-instantaneous inventory model of agricultural products considering deteriorating impacts and pricing policies
KYBERNETES
Authors: Hasan, Md. Rakibul; Mashud, Abu Hashan Md; Daryanto, Yosef; Wee, Hui Ming
Abstract
Purpose External factors such as improper handling, extreme weather and insect attacks affect product quality. It is most obvious in fruit products which have a high deterioration rate. Moreover, decaying fruits will increase the deteriorating of other good ones. The purpose of this study is to derive the optimal pricing and replenishment decisions for agricultural products considering the effect of external factors that induce deterioration. Design/methodology/approach In this paper, the study investigates ways to reduce the product deterioration rate by separating the near defective items from the other good products and accelerating the quick sales of the near defective items at a discounted price. The objective is to maximize the total profit by optimizing the selling price and the replenishment cycles. Two scenarios are investigated. In the first scenario, the retailer offers a selling price discount for near defective products to stimulate customer demand. In the second scenario, the retailer does not offer such discounts. Findings An algorithm to solve the model is derived. Further, numerical examples are developed to compare the total profit for the two scenarios. Theoretical derivations and graphical results show the concavity of the profit function. Finally, the sensitivity analysis shows that the total profit of the discount model is higher. Originality/value This study contributes to a new pricing and inventory decision model. The research provides insights to retailers on making optimal pricing and replenishment decisions for non-instantaneous deterioration items, as well as reducing the external factors that influence higher deterioration rate through separating good products from the near defective ones which are sold at a discount to induce the sale.