Abstract
Economic efficiency of rice production at household level in the Mekong Delta is estimated through marginal profit function of Cobb-Douglas in association with one-step non-economic efficiency estimation. Primary data of 470 rice households were analysed by software of Frontier 4.1 version. Results shows that economic efficiency reached 77.9% and 82.8% in Summer-Autumn 2017 and Winter-Spring 2017-2018 seasons, respectively. Price of seeds (in Summer-Autumn season), fertilizer price (in Winter-Spring season) and pesticide expense in both seasons have causedprofits reduction. Rice household characteristics influencing profits are age of head, experience, education level of household head, technical training attendance and family labour force. In addition, the buyers who consume rice output as well as rice variety category selected for sowing also affect the economic efficiency. Hence, in order to improve economic efficiency of rice production in the Mekong Delta, appropriated use of inputs corresponding to their prices, selecting good channel for selling rice output as well as improving household characteristics must be taken into account.
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