Risk analysis for off season greenhouse tomato production

An economic analysis of new greenhouse investment technologies in Greece is conducted by this study. The data used in the analysis were obtained from greenhouse enterprises, farm surveys and were supplemented with secondary data. Risk analysis techniques are used to take account of the uncertainties regarding the yield and the price variability of protected tomato cultivation. The financial analysis reveals that the adoption of new technology for off-season tomato production is feasible provided that there are subsidies for the initial investment cost. In Greece, off-season vegetable production indicates different degrees of risk; south areas run less risk in contrast to areas in the north. Therefore the government policy to subsidize greenhouse investments had positive results. In order to ensure further development in the sector, the state has to keep granting these incentives for the implementation of new technology in greenhouse enterprises.