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.
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