ROLE OF SOCIO-ECONOMIC FACTORS TO DETERMINE TECHNICAL EFFICIENCY OF SHRIMP FARMERS OF BANGLADESH
Haque Sadika, B Siegfried, Mohamed Madan, Nazmul Hasan, M Puran
Abstract
Haque Sadika, B Siegfried, Mohamed Madan, Nazmul Hasan, M Puran
Abstract
This paper is an attempt to measure the technical efficiency of shrimp farmers in Bangladesh using a translog production frontier and inefficiency effect model. A sample of 185 farmers has been considered from the Paikgacha Upazila of Khulna district. The result shows high levels of technical inefficiency exists in shrimp cultivation. The mean efficiency is 71% which suggests that farmers could increase production by increasing technical inefficiency by 29%. The efficiency differences are significantly explained by farm size, education, share of non-farm income, training, distance from pond to water source , water quality etc.
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This paper is an attempt to measure the technical efficiency of shrimp farmers in Bangladesh using a translog production frontier and inefficiency effect model. A sample of 185 farmers has been considered from the Paikgacha Upazila of Khulna district. The result shows high levels of technical inefficiency exists in shrimp cultivation. The mean efficiency is 71% which suggests that farmers could increase production by increasing technical inefficiency by 29%. The efficiency differences are significantly explained by farm size, education, share of non-farm income, training, distance from pond to water source , water quality etc.
Key concepts: Inefficiency, Shrimp, Production–possibility frontier, Production (economics), Frontier, Quality (philosophy), Agricultural economics, Sample (material)