MEASUREMENTOF SCALE RETUNS,ALLOCATIVE EFFICIENCY, AND ESTIMATE THE FUNCTION OF PROFITIN OF PEANUTPRODUCTION IN DIYALA PROVINCE. | ||
Euphrates Journal of Agriculture Science | ||
Article 1, Volume 8, Issue 2, June 2016, Pages 270-278 | ||
Author | ||
Ali G. Zaidan | ||
Abstract | ||
Research aimed to estimate the economic productive function that used to measure scaleretuns,allocative efficiency of resource usedin yield production , and study the most important factors affectingProfit of peanut production . Cross-sectional data used in a random sample included 93 farms of Diyalaprovince.Theresults of quantitative analysis to estimate the economic productive function thatallorgatima double model was the best model according to the economical, statistical,andstandard test. Also, the statedof scaleretunamounted to 1.01 which found increasof scaleretun, whichmeansthat yield production occure in the first stage of the productive function, As shown in the results of allocative efficiencystudy that resources used in yield production did not used in amodel way, which reached0.3, 3.3, 1.5 - , 1.1 for each source ofhuman labor, seeds, fertilizers, and pesticides respectivty.Quantitative analysis results for estimating profit function.showed that amount of quantity had output parameters great importance in profit compared to the rest of the price variables and the average production costs. | ||
Keywords | ||
Peanut; Economic productive function; Retun to scale; allocative efficiency; Profit function | ||
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