An Assessment of the Economic Efficiency of Swine Farms Applying BioSecurity Practices in Bac Ninh Province, Vietnam

Abstract

The research focused on evaluating the economic efficiency of swine farms applying biosecurity practices in Bac Ninh Province. Our study surveyed 143 pig farms in Bac Ninh province. The ordinal logit regression model was employed to estimate the factors affecting the level of biosecurity practices. Moreover, the semi-log regression model was used to examine the influence of some factors affecting the profitability of pig farms. The results showed that biosecurity practices had a significant impact on the economic efficiency of livestock farms by helping livestock farms increase their economic efficiency, reducing the mortality rate of animals, and reducing the rate of abandonment of farms. The factors affecting the level of biosecurity application on the farms included the gender, experience, and education of the farm owner, and the livestock scale. The results aslo expressed a negative relationship between the economic efficiency of the farm and seeding costs, electricity and water costs, feeding costs, labor costs, and veterinary medicine costs, and a positive relationship between the economic efficiency and selling price as well as between the livestock scale and biosecurity application. Finally, some appropriated solutions could be recommended for the improvement of the economic efficiency of swine farms applying biosecurity practices.