Citation
Chew T.A., . Measuring productivity / efficiency in rubber estates: a frontier cost function approach. pp. 290-302. ISSN 0127-7065
Abstract
The focus of the paper is the determination of productivity/efficiency in rubber estates and its implications. The concept of frontier production is utilised to measure the efficiency of an estate's operation. The stochastic cost frontier model is used to measure the deviation of an estate's performance from frontier. Data from the annual costing and management survey of estates were tested on the model. Empirical result shows that there is no evidence of increasing returns to scale for rubber production in estates although economies of size exert influences on certain aspects of its operation. The result also indicated that the type of management the level of fixed cost and yield per hectare contribute towards the efficient operation of an estate
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Abstract
The focus of the paper is the determination of productivity/efficiency in rubber estates and its implications. The concept of frontier production is utilised to measure the efficiency of an estate's operation. The stochastic cost frontier model is used to measure the deviation of an estate's performance from frontier. Data from the annual costing and management survey of estates were tested on the model. Empirical result shows that there is no evidence of increasing returns to scale for rubber production in estates although economies of size exert influences on certain aspects of its operation. The result also indicated that the type of management the level of fixed cost and yield per hectare contribute towards the efficient operation of an estate
Additional Metadata
| Item Type: | Article |
|---|---|
| Additional Information: | 5 tables; 12 refs.; Summary (En) |
| AGROVOC Term: | HEVEA BRASILIENSIS |
| AGROVOC Term: | CLASIFICACION DE SUELOS |
| AGROVOC Term: | PRODUCTIVIDAD |
| AGROVOC Term: | CAUCHO |
| Depositing User: | Ms. Norfaezah Khomsan |
| Last Modified: | 24 Apr 2025 05:56 |
| URI: | http://webagris.upm.edu.my/id/eprint/20484 |
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