Abstract
The study’s objective is to evaluate the financial efficiency and determine the factors affecting pig farming models’ financial efficiency in Can Tho City. The study collected data from 118 households raising pigs for meat. The methods used in the study include financial ratios analysis and multivariable linear regression. The research results show that models of raising pigs for meat have high financial efficiency. The financial performance of the models is positively correlated with the educational level of the farmer and the participation in technical training programs. In contrast, financial efficiency is negatively correlated with seed cost, feed cost, farm drug cost, and total risk.
Highlights
The financial performance of the models is positively correlated with the educational level of the farmer and the participation in technical training programs
Financial efficiency is negatively correlated with seed cost, feed cost, farm drug cost, and total risk
The financial performance of the model is positively correlated with the educational level of the household head and the participation in technical training programs
Summary
Research data To ensure representativeness and scientificity, the authors collect primary data by stratified random sampling. The survey subjects are pig-raising households in Can Tho City with a sample size of 118 (50 in Thot Not District, 40 in Co Do District, and 28 in Vinh Thanh District). To reflect the current situation of the pig production. Analytical methods The research team uses descriptive statistics with indicators such as mean, frequency, ratio, etc. Financial ratios such as return on sales (ROS), benefit-cost ratio (BCR), and cost.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal of Science and Research Archive
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.