Research Article
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Year 2019, Volume: 5 Issue: 2, 100 - 107, 31.12.2019

Abstract

Supporting Institution

Çankırı Karatekin Üniversitesi BAP Birimi

Project Number

OF171215B36

Thanks

I thank the Scientific Research Projects Unit of Cankiri Karatekin University for supporting this project.

References

  • Anbar, A., Alper, D. (2009). Yatırım Projeleri Analizi. Ekin Basım Yayın ve Dağıtım. ISBN 978 9944 141 970.
  • Anonim, Undated. Sakız Eylem Planı. OGM Odun Dışı Ürün ve Hizmetler Daire Başkanlığı Yayını. Ankara.
  • Boztok, Ş. (2007). Doğal Sakız Bitkileri (Pistacia lentiscus L.)’nin Ekonomiye Kazandırılması. Ege Üniversitesi Tarımsal Uygulama ve Araştırma Merkezi, Yayım Bülteni No: 51, ISSN 1300-3518 Nisan 2007
  • Browicz, K. (1987). Pistacia lentiscus cv. Chia (Anacardiaceae) on Chios island. Plant systematics and evolution, 155(1-4), 189-195.
  • Chadzopulu, A., Koukouliata, A., Theodosopoulou, E., &Adraniotis, J. (2011). Unique mastic resin from Chios. Prog Health Sci, 1(1), 131-135.
  • Coppen, J. J. (1995). Gums, resins and latexes of plant origin. FAO. ISO 690
  • Daşdemir, İ. (2015). Ormancılık İşletme Ekonomisi (3. Baskı).Bartın Üniversitesi Yayın No:10,Orman Fakültesi Yayın No:6, 407 s., Bartın.
  • Deidda, P., &Mulas, M. (2004). Cultivation and multipurpose value of Mediterranean plants [Sardinia]. Italus Hortus (Italy).
  • Gedik, T., Akyüz, K.C., Akyüz, İ. (2005).Yatırım Projelerinin Hazırlanması ve Değerlendirilmesi (İç Karlılık Oranı ve Net Bugünkü Değer Yöntemlerinin İncelenmesi). ZKÜ Bartın Orman Fakültesi Dergisi Yıl: 2005 Cilt:7 Sayı:7.
  • ITIS, (2016). The Integrated Taxonomic Information System. http://www.itis.gov/servlet/SingleRpt/SingleRpt?search_topic=TSN&search_value=506468. Accessed on 08 February 2016.
  • Klemperer, W. D. (1996). Forest Resource Economics and Finance. McGraw-Hill Inc.
  • Nahida, A.,&Siddiqui, A. N. (2012). Pistacia lentiscus: A review on phytochemistry and pharmacological properties. Int J Pharm Pharm Sci, 4(4), 16-20.
  • Padulosi, S., Ager, H., &Frison, E. (1995). Report of the IPGRI workshop on conservation and use of underutilized Mediterranean species, 28-30 March 1994, Bari, Italy. IPGRI, Rome.
  • Parlak, S.,& Albayrak, N. (2011). Sakız (Pistacia lentiscus var. chia)’ın Aşılama Yoluyla Çoğaltılması. Ege Ormancılık Araştırma Enstitüsü, Teknik Bülten, (49).
  • Perikos, G. (1993). Chios gum mastic. ISBN: 978-9608500938.
  • Theocharopoulos, S. P., Karayianni-Christou, M., Trikatsoula, A., Nikolaou, T., &Aggelides, S. (1996). Soil characteristics and nutritional survey of the mastic tree (Pistacia lentiscus, var chia) on the island of Chios in Greece. Agricoltura Mediterranea, 126, 369-376.
  • Türker, M., F. (2013). Ormancılık İşletme Ekonomisi. Ormancılık ve Tabiatı Koruma Vakfı Yayın No: 5. ISBN 978 605 85748 09. 2. Baskı. Trabzon 2013.

The economic analysis of the mastic tree (Pistacia lentiscus L.) cultivation projects

Year 2019, Volume: 5 Issue: 2, 100 - 107, 31.12.2019

Abstract

Background and Purpose: The mastic
tree is mostly grown on the island of Chios in Greece. According to local
people in Izmir it had formerly grown in the Western side of Turkey. The aim of
this study is to bring mastic tree to grow in the Aegean region and for the
region to contribute to rural development and national economy by project
analysis of gum cultivation in the area to determine whether it is economically
feasible.



Materials and Methods: Some information such as
elements of cost of production, harvesting and marketing opportunities and
problems, competition with Chios and data for the economic analysis were
collected at the first stage. At the second stage, to determine the project’s
cost, elements were collected using the average market prices and some economic
evaluation methods such as Net Present Value (NPV) and Internal Rate of Return
(IRR) methods. To incorporate the time and value of money, more complex cash
flows were applied for the project, which can be achieved economically.



Results: At the end of the study, we
reached the conclusion that mastic tree cultivation projects are not feasible
in the region because of the high rent prices of land and that this is a
touristic region of Turkey.



Highlights: Until 100 years ago,
mastic tree was grown in the region. However, after the local producers
migrated to the island of Chios, mastic production disappeared in the region.
Nowadays, the attempts to revive this production system are not economically
feasible due to land rent. Therefore, it is possible for production to shift to
natural forests and damage to forests.

Project Number

OF171215B36

References

  • Anbar, A., Alper, D. (2009). Yatırım Projeleri Analizi. Ekin Basım Yayın ve Dağıtım. ISBN 978 9944 141 970.
  • Anonim, Undated. Sakız Eylem Planı. OGM Odun Dışı Ürün ve Hizmetler Daire Başkanlığı Yayını. Ankara.
  • Boztok, Ş. (2007). Doğal Sakız Bitkileri (Pistacia lentiscus L.)’nin Ekonomiye Kazandırılması. Ege Üniversitesi Tarımsal Uygulama ve Araştırma Merkezi, Yayım Bülteni No: 51, ISSN 1300-3518 Nisan 2007
  • Browicz, K. (1987). Pistacia lentiscus cv. Chia (Anacardiaceae) on Chios island. Plant systematics and evolution, 155(1-4), 189-195.
  • Chadzopulu, A., Koukouliata, A., Theodosopoulou, E., &Adraniotis, J. (2011). Unique mastic resin from Chios. Prog Health Sci, 1(1), 131-135.
  • Coppen, J. J. (1995). Gums, resins and latexes of plant origin. FAO. ISO 690
  • Daşdemir, İ. (2015). Ormancılık İşletme Ekonomisi (3. Baskı).Bartın Üniversitesi Yayın No:10,Orman Fakültesi Yayın No:6, 407 s., Bartın.
  • Deidda, P., &Mulas, M. (2004). Cultivation and multipurpose value of Mediterranean plants [Sardinia]. Italus Hortus (Italy).
  • Gedik, T., Akyüz, K.C., Akyüz, İ. (2005).Yatırım Projelerinin Hazırlanması ve Değerlendirilmesi (İç Karlılık Oranı ve Net Bugünkü Değer Yöntemlerinin İncelenmesi). ZKÜ Bartın Orman Fakültesi Dergisi Yıl: 2005 Cilt:7 Sayı:7.
  • ITIS, (2016). The Integrated Taxonomic Information System. http://www.itis.gov/servlet/SingleRpt/SingleRpt?search_topic=TSN&search_value=506468. Accessed on 08 February 2016.
  • Klemperer, W. D. (1996). Forest Resource Economics and Finance. McGraw-Hill Inc.
  • Nahida, A.,&Siddiqui, A. N. (2012). Pistacia lentiscus: A review on phytochemistry and pharmacological properties. Int J Pharm Pharm Sci, 4(4), 16-20.
  • Padulosi, S., Ager, H., &Frison, E. (1995). Report of the IPGRI workshop on conservation and use of underutilized Mediterranean species, 28-30 March 1994, Bari, Italy. IPGRI, Rome.
  • Parlak, S.,& Albayrak, N. (2011). Sakız (Pistacia lentiscus var. chia)’ın Aşılama Yoluyla Çoğaltılması. Ege Ormancılık Araştırma Enstitüsü, Teknik Bülten, (49).
  • Perikos, G. (1993). Chios gum mastic. ISBN: 978-9608500938.
  • Theocharopoulos, S. P., Karayianni-Christou, M., Trikatsoula, A., Nikolaou, T., &Aggelides, S. (1996). Soil characteristics and nutritional survey of the mastic tree (Pistacia lentiscus, var chia) on the island of Chios in Greece. Agricoltura Mediterranea, 126, 369-376.
  • Türker, M., F. (2013). Ormancılık İşletme Ekonomisi. Ormancılık ve Tabiatı Koruma Vakfı Yayın No: 5. ISBN 978 605 85748 09. 2. Baskı. Trabzon 2013.
There are 17 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Sezgin Özden 0000-0001-6753-3723

Project Number OF171215B36
Publication Date December 31, 2019
Submission Date July 8, 2019
Published in Issue Year 2019 Volume: 5 Issue: 2

Cite

APA Özden, S. (2019). The economic analysis of the mastic tree (Pistacia lentiscus L.) cultivation projects. Anadolu Orman Araştırmaları Dergisi, 5(2), 100-107.
AMA Özden S. The economic analysis of the mastic tree (Pistacia lentiscus L.) cultivation projects. AJFR. December 2019;5(2):100-107.
Chicago Özden, Sezgin. “The Economic Analysis of the Mastic Tree (Pistacia Lentiscus L.) Cultivation Projects”. Anadolu Orman Araştırmaları Dergisi 5, no. 2 (December 2019): 100-107.
EndNote Özden S (December 1, 2019) The economic analysis of the mastic tree (Pistacia lentiscus L.) cultivation projects. Anadolu Orman Araştırmaları Dergisi 5 2 100–107.
IEEE S. Özden, “The economic analysis of the mastic tree (Pistacia lentiscus L.) cultivation projects”, AJFR, vol. 5, no. 2, pp. 100–107, 2019.
ISNAD Özden, Sezgin. “The Economic Analysis of the Mastic Tree (Pistacia Lentiscus L.) Cultivation Projects”. Anadolu Orman Araştırmaları Dergisi 5/2 (December 2019), 100-107.
JAMA Özden S. The economic analysis of the mastic tree (Pistacia lentiscus L.) cultivation projects. AJFR. 2019;5:100–107.
MLA Özden, Sezgin. “The Economic Analysis of the Mastic Tree (Pistacia Lentiscus L.) Cultivation Projects”. Anadolu Orman Araştırmaları Dergisi, vol. 5, no. 2, 2019, pp. 100-7.
Vancouver Özden S. The economic analysis of the mastic tree (Pistacia lentiscus L.) cultivation projects. AJFR. 2019;5(2):100-7.