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Efficiency study will play a significant role in providing useful information regarding the level of inefficiencies in production and helps identify those factors, which are associated with inefficiencies that may exist. The aim of this study was to measure the levels of technical, allocative and economic efficiencies of sesame producers and identify factors affecting them in Selamago district of south Omo zone, Southern Ethiopia. This book can serve as a reference for those who are interested in analyzing production efficiency.
Master's Thesis from the year 2016 in the subject Business economics - Supply, Production, Logistics, , course: Agricultural Economics, language: English, abstract: This study aimed to analyze the technical efficiency of sesame production in Humera area and to identify major factors that cause efficiency differentials of smallholder farmers. The objective of the study is to measure the technical efficiency of small holder farmers in sesame production. The study was conducted using a cross sectional data collected in 2015/2016-production year from a total sample of 110 households. Cobb-Douglas function was employed to estimate technical efficiency of smallholder farmers in sesame production. The finding of the study indicated that there is inefficiency in the production of sesame in the study area. The estimation of the frontier model with inefficiency variables shows that the mean technical efficiency of farmers is 0.69 (69%). This implies that production of sesame can be increased by 31 percent given the existing technological level. This indicates that the farmers did not using production inputs efficiently in such a way that they give their maximum potential. The estimated stochastic production frontier model together with the inefficiency parameters suggests that any attempt to strengthen technical efficiency of smallholder farmers in the study area must give due attention to the improvement of the principal causes for efficiency differentials such as education, age, extension contact, credit availability, off farm activities and proximity, which were found to be significant determinants of efficiency level. The negative coefficient of educational status, age, credit availability, extension contact and off farm activities means these factors are important in determining the existing efficiency of farmers positively and significantly. While the positive coefficients of proximity indicate that the increments in these factors increase inefficiency. Given the limited resources in the study area will enable the concerned parties engaged in efforts for improvement of the product and productivity of this part of the community to bring about the desired changes in a cost effective way than trying to inject an investment on the production of sesame.
Research Paper (postgraduate) from the year 2021 in the subject Agrarian Studies, language: English, abstract: Farming is the way of life for smallholder farmers of Ethiopian which is characterized with low productivity. Thus poor are failing to achieve rapid economic growth due to food insecurity. Hence the best possible means of achieving economic development is through increasing sustainable allocation resource efficiency. This study employed stochastic frointer approach to assess the levels of efficiency and Tobit model to assess the determinants of efficiency by collecting data from 154 sample household in Gudeya Bila district, western parts of Ethiopia.
The Consultative Group for International Agricultural Research (CGIAR) is the largest non-profit public agricultural research group globally. Recently, it has restructured itself into One-CGIAR with the intention of integrating its capabilities, knowledge, assets, people, and global presence for a new era of intercon nected and partnership-driven research towards achieving the Sustainable Development Goals (SDGs). One-CGIAR led the development of about 30 initiatives that aimed at addressing one more of the key impact areas of SDGs. One of these initiatives is “Rethinking Food Markets and Value Chains for Inclu sion and Sustainability,” referred to as rethinking markets in short. Rethinking Markets Initiative aims to provide evidence on what types of bundled innovations, incentive structures, and policies are most effec tive for creating more equitable sharing of income and employment opportunities in growing food markets, while reducing the food sector’s environmental footprint. The initiative has four work packages addressing different but interrelated issues and that are being implemented in one or more countries. Work Package 1 (WP1) is about making globally integrated value chains inclusive, efficient, and environmentally sustainable.
This book explores the relationship between the education farmers have received and their subsequent efficiency as farm operators. The concern is with the self-employed in agriculture, the small farmer. The study is concerned solely with ascertaining empirically the effect of schooling on agricultural efficiency and, when possible, the effect of access to information as measured by exposure to extension services. The study uses data from Korea, Malaysia, and Thailand; related findings from several other countries of Africa, Asia, and Latin America are reviewed. Surveys of individual farms provide the data used in the empirical analyses. Analyses from Thailand indicate that farmers of all educational levels are maximizing profits. However, more educated farmers do have higher levels of profits, which reflect the higher levels of productivity found in the production function analyses. Education has little effect on market efficiency. Higher levels of education and exposure to extension services increase the probabilities of using chemical fertilizers. The effects of education were much more likely to be positive in modernizing agricultural environments rather than in traditional ones.
The literature on commercial transformation of smallholders makes little distinction between market orientation (production decision based on market signals) and market participation (sale of output). This paper analyzes the determinants of market orientation and market participation in Ethiopia separately and examines if market orientation translates into market participation. Empirical results show that market orientation translates strongly into market participation. The key implication of this study is that policy, technological, organizational and institutional interventions aimed at promoting commercial transformation of subsistence agriculture should follow two-pronged approach: improving market orientation of smallholders at production level, and facilitating market entry and participation of households in output and input markets. Focusing on either may not be as effective in achieving the transformation.
Aimed particularly at economists working on problems of markets and marketing policy against a background of recent policy shifts towards liberalization in the agricultural and food sectors. Relevant to those providing advice to governments, aid agencies and non-government organizations on market policy reform.
This book contains a modern treatment of production economics from a dual perspective, with special emphasis on recent developments. Results that were scattered throughout professional journals and monographs are now gathered into an integrated approach using a common notation. The book prepares the reader to apply the tools of the dual approach to real world problems and data sets. Particular care has been devoted to choosing topics for discussion that achieve this goal. Throughout the book there are worked examples and exercises, which are geared toward developing the reader's facility in using modern developments in production economics. Separate chapters are devoted to production, cost, and profit functions. Other topics include flexible functional forms, aggregation across inputs and outputs using the theory of separable structures, aggregation over economic optimizing firms, the representation of multioutput technologies, and the analysis and measurement of technical change from both a primal and a dual perspective.
The first fifteen years of the 21st century have thrown into sharp relief the challenges of growth, equity, stability, and sustainability facing the world economy. In addition, they have exposed the inadequacies of mainstream economics in providing answers to these challenges. This volume gathers over 50 leading scholars from around the world to offer a forward-looking perspective of economic geography to understanding the various building blocks, relationships, and trajectories in the world economy. The perspective is at the same time grounded in theory and in the experiences of particular places. Reviewing state-of-the-art of economic geography, setting agendas, and with illustrations and empirical evidence from all over the world, the book should be an essential reference for students, researchers, as well as strategists and policy makers. Building on the success of the first edition, this volume offers a radically revised, updated, and broader approach to economic geography. With the backdrop of the global financial crisis, finance is investigated in chapters on financial stability, financial innovation, global financial networks, the global map of savings and investments, and financialization. Environmental challenges are addressed in chapters on resource economies, vulnerability of regions to climate change, carbon markets, and energy transitions. Distribution and consumption feature alongside more established topics on the firm, innovation, and work. The handbook also captures the theoretical and conceptual innovations of the last fifteen years, including evolutionary economic geography and the global production networks approach. Addressing the dangers of inequality, instability, and environmental crisis head-on, the volume concludes with strategies for growth and new ways of envisioning the spatiality of economy for the future.