Improving the Productivity of Degraded Pasture Land Through Legume Forages over Sowing
Tesfay Atsbha,
Awet Estifanos,
Temesgen Tesfay,
Solomon Wayu,
Adhanom Baraki
Issue:
Volume 5, Issue 3, May 2017
Pages:
33-36
Received:
Mar. 03, 2017
Accepted:
Mar. 13, 2017
Published:
May 17, 2017
Abstract: The experiment was undertaken for one season in Northern Ethiopia, at Emba Alaje District, Ayba Peasant Association to evaluate forage yield of the natural pasture over sown with three adapted legume forages. The design was Randomized Complete Block Design replicated three times. The treatments were control, Vicia dayscarpa, Vicia sativa and alfalfa (Hairy peruvian). The size of experimental plots were 100 m2 (10 m x 10 m) each. Partial Budget Analysis, Dominance Analysis and Marginal Rate of Return were calculated to compare treatments economic benefits. Over sowing legume forages increased Dry Matter Yield significantly as compared with the control pasture land. The higher yield was recorded for pasture land over sown with Vicia sativa (3.96 t/ha) and Vicia dayscarpa (3.12 t/ha). The relative proportion of grass and legumes reached highest and significant by over sowing. However, pasture productivity of land over sown with Vicia sativa and Vicia dayscarpa were not significant for both grass and legumes. The species composition of treatments in the experimental site (Vicia sativa, Vicia dayscarpa and Hairy Peruvian) was 39.3, 33.3 and 7.3%, respectively. It is therefore concluded that over sowing degraded grazing lands with Vicia sativa improves biomass yield, and it is also economical as compared with other treatments. This implies that for every one $ addition cost of biomass yield production there is $ 0.44 (44%) return by applying Vicia sativa.
Abstract: The experiment was undertaken for one season in Northern Ethiopia, at Emba Alaje District, Ayba Peasant Association to evaluate forage yield of the natural pasture over sown with three adapted legume forages. The design was Randomized Complete Block Design replicated three times. The treatments were control, Vicia dayscarpa, Vicia sativa and alfalf...
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The Financial Determinants of Private Sector Investment: The Case of Ethiopia
Issue:
Volume 5, Issue 3, May 2017
Pages:
46-54
Received:
Oct. 12, 2016
Accepted:
Apr. 01, 2017
Published:
May 27, 2017
Abstract: This study mainly emphasized on the financial determinants of private sector investment in Ethiopia using annual time series data from 1975-2015. Using Johansen co integration test they have a significant relationship among variables and OLS regression analysis was undertake to estimate long run model and ECM has been used to find out the short run dynamics. In both long run and short run model the financial determinants variable like broad money supply, bank credit and availability of foreign exchange were positive relation with the private investment. The other macro variable taken was the capital expenditure, which is negatively affect in the long run and positively affect private investment in the short run. The researchers conclude based on past literature result’s capital expenditure is positively association with private investment. The short run dynamics of estimated coefficient ECM which suggests a relatively quick speed of adjustment back to the long-run equilibrium. The findings of the study provide evidence that private investment in Ethiopia, like in other developing countries is affected by important financial and macroeconomic variables. The empirical evidence however has certain important policy implications, and in view of that recommendations have also been provided, in an attempt to help increase and stimulate private investment in Ethiopia.
Abstract: This study mainly emphasized on the financial determinants of private sector investment in Ethiopia using annual time series data from 1975-2015. Using Johansen co integration test they have a significant relationship among variables and OLS regression analysis was undertake to estimate long run model and ECM has been used to find out the short run...
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