Resource-use and allocative efficiency of paddy rice production in MADA, Malaysia
The study examined resource-use and allocative efficiency of paddy rice production in the MADA, Malaysia. A total sampling size of 396 rice farmers were selected using a multistage random sampling through a well-structured questionnaire. The independent samples F-tests, Ordinary Least Square analyse...
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| Format: | Article |
| Language: | English |
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International Institute for Science, Technology & Education
2016
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| Online Access: | http://psasir.upm.edu.my/id/eprint/56458/1/Resource-use%20and%20allocative%20efficiency%20of%20paddy%20rice%20production%20in%20MADA%2C%20Malaysia.pdf |
| _version_ | 1825931419789033472 |
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| author | Adedoyin, Abiola Olapeju Shamsudin, Mad Nasir Radam, Alias Abd. Latif, Ismail |
| author_facet | Adedoyin, Abiola Olapeju Shamsudin, Mad Nasir Radam, Alias Abd. Latif, Ismail |
| author_sort | Adedoyin, Abiola Olapeju |
| collection | UPM |
| description | The study examined resource-use and allocative efficiency of paddy rice production in the MADA, Malaysia. A total sampling size of 396 rice farmers were selected using a multistage random sampling through a well-structured questionnaire. The independent samples F-tests, Ordinary Least Square analyses techniques, descriptive statistics, Gross margin analysis and Cobb-Douglas production function analysis that combines the conventional neoclassical test of economic and technical efficiencies was employed in the study. Findings revealed that all inputs used were positively significant. Rice production was found to be profitable as farmers realized RM2,054.03 per ha as Gross Margin in the study area. Result of the allocative efficiency of inputs confirmed that rice producers in the area did not attain optimal allocative efficiency, seed input (0.29) had the highest allocative efficiency while fertilizer input (0.06) showed the least allocative efficient input. The findings of the study emphasized the need to improve farm efficiency at all levels. It is therefore, recommend that the rice farmers be encouraged to use their inputs up to the point the values of the marginal products (MVPs) equates their factor prices (i.e. MVPs = PXs). |
| first_indexed | 2024-03-06T09:26:28Z |
| format | Article |
| id | upm.eprints-56458 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T09:26:28Z |
| publishDate | 2016 |
| publisher | International Institute for Science, Technology & Education |
| record_format | dspace |
| spelling | upm.eprints-564582017-07-31T09:52:34Z http://psasir.upm.edu.my/id/eprint/56458/ Resource-use and allocative efficiency of paddy rice production in MADA, Malaysia Adedoyin, Abiola Olapeju Shamsudin, Mad Nasir Radam, Alias Abd. Latif, Ismail The study examined resource-use and allocative efficiency of paddy rice production in the MADA, Malaysia. A total sampling size of 396 rice farmers were selected using a multistage random sampling through a well-structured questionnaire. The independent samples F-tests, Ordinary Least Square analyses techniques, descriptive statistics, Gross margin analysis and Cobb-Douglas production function analysis that combines the conventional neoclassical test of economic and technical efficiencies was employed in the study. Findings revealed that all inputs used were positively significant. Rice production was found to be profitable as farmers realized RM2,054.03 per ha as Gross Margin in the study area. Result of the allocative efficiency of inputs confirmed that rice producers in the area did not attain optimal allocative efficiency, seed input (0.29) had the highest allocative efficiency while fertilizer input (0.06) showed the least allocative efficient input. The findings of the study emphasized the need to improve farm efficiency at all levels. It is therefore, recommend that the rice farmers be encouraged to use their inputs up to the point the values of the marginal products (MVPs) equates their factor prices (i.e. MVPs = PXs). International Institute for Science, Technology & Education 2016 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/56458/1/Resource-use%20and%20allocative%20efficiency%20of%20paddy%20rice%20production%20in%20MADA%2C%20Malaysia.pdf Adedoyin, Abiola Olapeju and Shamsudin, Mad Nasir and Radam, Alias and Abd. Latif, Ismail (2016) Resource-use and allocative efficiency of paddy rice production in MADA, Malaysia. Journal of Economics and Sustainable Development, 7 (1). pp. 49-55. ISSN 2222-1700; ESSN: 2222-2855 http://iiste.org/Journals/index.php/JEDS/article/view/28178 |
| spellingShingle | Adedoyin, Abiola Olapeju Shamsudin, Mad Nasir Radam, Alias Abd. Latif, Ismail Resource-use and allocative efficiency of paddy rice production in MADA, Malaysia |
| title | Resource-use and allocative efficiency of paddy rice production in MADA, Malaysia |
| title_full | Resource-use and allocative efficiency of paddy rice production in MADA, Malaysia |
| title_fullStr | Resource-use and allocative efficiency of paddy rice production in MADA, Malaysia |
| title_full_unstemmed | Resource-use and allocative efficiency of paddy rice production in MADA, Malaysia |
| title_short | Resource-use and allocative efficiency of paddy rice production in MADA, Malaysia |
| title_sort | resource use and allocative efficiency of paddy rice production in mada malaysia |
| url | http://psasir.upm.edu.my/id/eprint/56458/1/Resource-use%20and%20allocative%20efficiency%20of%20paddy%20rice%20production%20in%20MADA%2C%20Malaysia.pdf |
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