Abstract
Improvement in farm efficiency is a very important factor of productivity. Rice is the most important and extensively grown food crop in the world. Hence an attempt has been made in this study to estimate the efficiency of rice farms using stochastic frontier production function approach and the influence of socio-economic factors on the technical efficiency was measured using regression analysis. The mean technical efficiency was found to be 94.07 per cent, indicating that the realized output can be raised by 6 per cent in the region with the available technology and resources. Farmer's age (0.0191), education (0.0443), experience in rice cultivation (0.0164), family size (0.0632), membership in cooperative society (0.2984) and access to institutional credit (0.3965) were the most influential determinants of technical efficiency. The mean technical efficiency values of greater than 90 per cent for majority (61.67%) of the rice farmers indicate that there is little scope for improving the efficiencies of these farmers with the existing technology as the farmers are already operating near the frontier. Hence new location-specific technologies should be developed and transferred to farmers. However, sufficient potential also exists for improving the productivity of rice by proper management and allocation of the existing resources and technology for farms operating at lower levels of efficiency.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: 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.
