Pattern of investment allocation to chemical inputs and technical efficiency: A stochastic frontier analysis of farm households in Laguna, Philippines
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
This study focuses on the pattern between investment in chemical inputs such as fertilizer, pesticides and
herbicides and technical efficiency of farm households in Laguna, Philippines. Using a one‐stage maximum
likelihood estimation procedure, the stochastic production frontier model was estimated simultaneously with the
determinants of efficiency. Results show that farmers with a low technical efficiency score have a high investment
share in chemical inputs. Farmers who invested more in chemical inputs relative to other variable inputs attained
the same or even lower output and were less efficient than those farmers who invested less. The result shows that
farmers who invested wisely in chemical inputs can encourage farmers to apply chemical inputs more optimally.