An economic assessment of agricultural brownfield revitalization – A case study of Eastern Slovakia

agricultural brownfield in the East Slovak region through the
resumption of production by growing fast-growing woody plants,
specifically Paulownia and apple trees. Based on a detailed analysis
of the necessary investment costs associated with the resumption of
production and the prediction of sales of produced Paulownia and
apple trees, the article presents a quantification of economic payback
time from the proposed three options for resumption of crop
production in the agricultural brownfield. Based on clearly identified
determinants of decision-making on the optimal possibility of the
revitalization of agricultural brownfield in interaction with the
evaluation of the so-called weighted sum (multicriteria decisionmaking method), the article concludes by pointing out the effective
possibility of resuming crop production in the revitalized area of the
agricultural brownfield. The results revealed that the growth of
Paulownia for the production of biomass is the best method of
agricultural brownfield remediation.