Tropical Wetland Journal
Vol 3, No 1 (2017)

ANALYSIS OF PROFIT FUNCTION AND RETURNS TO SCALE OF RICE FARMING IN TIDAL AND FRESHWATER SWAMPLANDS IN SOUTH KALIMANTAN

Rifiana, Rifiana (Unknown)
Wilda, Kamiliah (Unknown)
Ferrianta, Yudi (Unknown)



Article Info

Publish Date
17 Mar 2017

Abstract

The purpose of this study was to estimate the production and profit function by farmers and to analyze the relative economic efficiency of rice farming in two typologies of wetland, tidal swampland and freshwater swampland. The analysis showed that the production facilities in the study area were very influential on the rice farming profit, so an increase in the high price of production facility would lead to a decrease in profit, which in turn would lower the level of farmers’ welfare. Under optimal conditions where maximum profit was reached, the effects of variable input prices and the input number remained significant except for the value of the equipment used. Based on the value of the coefficient function of fertilizer demand, pesticide and labor were inelastic towards the price while the seed input was elastic. Rice farming in the study area had decreasing returns to scale. It indicated that the increase in inputs was higher than the increase in returns.Keywords: profit function, rice farming, returns to scale

Copyrights © 2017






Journal Info

Abbrev

twj

Publisher

Subject

Agriculture, Biological Sciences & Forestry Chemical Engineering, Chemistry & Bioengineering Education Medicine & Pharmacology Other

Description

The journal will accept any manuscripts related to tropical wetland issues. The articles in this journal may from dissertations, theses, research reports, scientific papers and articles reviews. This journal is published in every 2 (twice) in a year (July and ...