Hiệu quả tài chính và sự sẵn lòng chuyển đổi sang mô hình lúa hữu cơ của nông hộ ở Đồng bằng sông Cửu Long

Abstract

This study is aimed at compare the financial efficiency of traditional and organic rice models in two areas in the Mekong Delta. The primary data was collected by interviewing 168 households in Long My district (Hau Giang province) and Tam Binh district (Vinh Long province) where holding similar socio-economic conditions. The standardized profitability Cobb-Douglas model and Binary Logit model were used to analyze and compare financial efficiency, and identify the determinants of willingness to convert to the organic model. The research results indicated that more than 40% of households in the traditional model are willing to convert to an organic model. Cobb-Douglas function was employed to estimate the determinants of profit including standardized price of potassium, pesticides, and production area. Moreover, the Binary Logit model indicated that household head age increases the probability of willingness to convert from the traditional model to the organic model, while the production area and revenue of the traditional model reduce this probability. Based on the research results, this study then proposed some solutions and policy implications to improve the efficiency of rice production and enhance motivations for conversion to organic models.