Focus on Penan development programmes

Anon, . Focus on Penan development programmes. pp. 12-15. ISSN 0126-6632

The focus of the paper is on the determination of productivity/efficiency in rubber estates and its implications. The concept of frontier production function 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 the 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 indicates 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 on the determination of productivity/efficiency in rubber estates and its implications. The concept of frontier production function 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 the 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 indicates 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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Item Type:	Article
AGROVOC Term:	MALASIA
AGROVOC Term:	PROYECTOS DE DESARROLLO
AGROVOC Term:	DESARROLLO ECONOMICO Y SOCIAL
AGROVOC Term:	CAUCHO
Depositing User:	Ms. Norfaezah Khomsan
Last Modified:	24 Apr 2025 05:56
URI:	http://webagris.upm.edu.my/id/eprint/20499

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