Journal of Pharmacognosy and Phytochemistry
Vol. 7, Special Issue 1 (2018)
Resource productivity analysis of maize production in Arghakhanchi District, Nepal
Sudip Adhikari, Vivek Bist, Tirtha Raj Devkota and Suryamani Dhungana
Mere availability of resources does not decide profitability of any enterprise but using them in judicious manner does. Increasing use of those resources that have significant effect on production and lowering the other with less contribution is the secret of success in production business. If profit is not attainable in any combination of resource management in particular socio-economic and bio-physical condition, it is always wise to move for next possible profitable enterprise. There is always a need of a study to reveal whether the factors of production are used in an economic way and to investigate whether the enterprise is profitable. This study was carried out to identify the profitability and productivity of maize production in Arghakhanchi district of Nepal. A total of 120 farmers, 60 each from two villages namely Wangla and Bhagwati, were randomly selected and interviewed using pre-tested, semi-structured interview schedule. Collected data was analyzed using descriptive statistics and Cobb-Douglas production function. The production function revealed that manual labor cost had significant effect on gross returns with magnitude of regression coefficient 0.823 whereas seed cost, nutrient cost and animal labor were found to be statistically non-significant. Sum of regression coefficient also revealed that production function exhibited decreasing returns to scale by 0.89. So, providing market information, training and extension services would increase resource productivity of maize production. Farmers can be motivated to shift from grain production to seed production for increasing profitability
Pages: 143-145 | 1844 Views 284 Downloads
Sudip Adhikari, Vivek Bist, Tirtha Raj Devkota and Suryamani Dhungana. Resource productivity analysis of maize production in Arghakhanchi District, Nepal. J Pharmacogn Phytochem 2018;7(1S):143-145.