The Economics of Production in Chinsse Rubber Smallholdings in Peninsular Malaysia
In this study standard production function techniques are used to analyse the economics of production in Chinese rubber smallholdings in Peninsular Malaysia. The data used were taken from two surveys, the 1963/64 RRI Survey and the 1978 Survey conducted by the author in the state of Selangor. Co...
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| Format: | Thesis |
| Language: | English English |
| Published: |
1981
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| Online Access: | http://psasir.upm.edu.my/id/eprint/10185/1/FP_1981_4.pdf |
| Summary: | In this study standard production function techniques are used
to analyse the economics of production in Chinese rubber smallholdings
in Peninsular Malaysia. The data used were taken from two surveys,
the 1963/64 RRI Survey and the 1978 Survey conducted by the author
in the state of Selangor. Considering the importance of the rubber
smallholding sector in the Malaysian economy, it is surprising that
there has been only one production function study on rubber
smallholdings in Malaysia thus far.
The probable reason for dearth of research in this area is the
difficulty in handling the perennial nature of the rubber tree. A
variable must be specified to capture the capital service flow
accruing from the live capital tree-stock. In this thesis, "expected
yields" estimated from yield profiles of various clonal material are
used as proxies for the capital service flows. The yield profiles
were drawn from published yield records of various selected
commercial estates. Estates are more advanced technologically in
rubber production than smallholdings. Thus the "expected yields"
estimated will be higher than the real capital service flows. |
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