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SIERRA LEONE maq 4ª.indd - agrilife - Europa

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Figure 47. Farm Net Income for an average smallholder per district based on Neoclassical Approach<br />

(Leones/year)<br />

Figure 48. Farm Net Income for an average smallholder per district based on Peasant Farming Approach<br />

(Leones/year)<br />

To visualize the difference between the two<br />

approaches used in the analysis and evaluation of<br />

FNI, Figure 47 shows a graphical representation<br />

of output value, variable costs and fixed costs<br />

of the FNI calculations following neoclassical<br />

principles while Figure 48 presents the same<br />

information for the Peasant Farming approach of<br />

measuring FNI. In the first case, the output value<br />

of production is much higher in the Eastern than<br />

in the Northern region, with Kailahun district<br />

particularly prominent in the Eastern region.<br />

Concerning Kenema and Kono, production<br />

value is significantly lower (less than half) than<br />

in Kailahun, but so are costs, thus the difference<br />

stays positive (in Kono, however, a break-even<br />

situation is portrayed). In turn these latter two<br />

produce four times as much as the average<br />

households in the Northern Tonkolili and Bombali<br />

districts. The value of production outweighs costs<br />

in the Eastern region, with the opposite being<br />

true in the Northern region. Consequently, the<br />

balance according to the Neoclassical calculation<br />

is positive in Eastern region and negative in the<br />

Northern region. On the other hand, with the<br />

Peasant Farming approach, lower variable costs<br />

are introduced due to unvalued household and<br />

Rural poverty reduction and food security: The case of smallholders in Sierra Leone<br />

111

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