West Science Agro
Vol. 2 No. 03 (2024): West Science Agro

Analysis of the Economic Feasibility of Using Modern Agricultural Machinery in Oil Palm Plantations in South Sumatra

Loso Judijanto (IPOSS Jakarta, Indonesia)



Article Info

Publish Date
30 Aug 2024

Abstract

This study investigates the economic feasibility of using modern agricultural machinery in oil palm plantations in South Sumatra. A quantitative approach was employed, involving 40 samples collected through a structured questionnaire utilizing a Likert scale from 1 to 5. The data were analyzed using SPSS version 26, focusing on key economic indicators such as production efficiency, cost savings, and profitability. The results revealed strong positive and significant relationships between the use of modern machinery and all three economic indicators. The findings suggest that modern agricultural machinery significantly enhances economic performance in oil palm plantations, making it a viable investment for improving productivity and profitability. These insights provide valuable guidance for plantation owners and policymakers in promoting the adoption of advanced agricultural technology in the region.

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Journal Info

Abbrev

wsa

Publisher

Subject

Agriculture, Biological Sciences & Forestry

Description

West Science Agro is a scientific journal dedicated to exploring, discussing, and publishing current research in agriculture, agribusiness and agronomy. The journal aims to be a forum for agricultural researchers, scientists, and practitioners to share the latest knowledge, findings, and thoughts to ...