Prof. Ram Krishna Mandal,
- Professor Department of Economics, Cooch Behar Panchanan Barma University, Cooch Behar, West Bengal India
Abstract
While the non-parametric production function is based on linear programming, the parametric production function is estimated using stochastic frontier analysis (SFA). The efficiency is assessed using a non-parametric technique known as Data Envelopment Analysis (DEA) (Charnes, Cooper, & Rhodes, 1978).. The primary benefit of the DEA technique is that it circumvents certain drawbacks of the parametric approach by requiring simply a little portion of a priori assumptions about the functional connection between inputs and outputs (Gadanakis et al., 2015). The goal of the current study was to assess changes in large farms’ production and efficiency with different specializations.. Methods: Secondary sources of Indian knowledge, such as books, essays, websites, and online journals released over time, are where the information is acquired from. Result and Discussion: Different efficiency measures are generally used for farm management: They are Capital Ratios and Income Ratio, Cost Ratios, Cropping Intensity Index, Crop Yield Index and System Index discussed in this article. Conclusion: Enhancing productivity and managing agricultural operations requires an understanding of the efficiency of agricultural production. A well-considered method of evaluating the business involves utilising characteristics such as financial performance, resource productivity, and environmental impact.
Keywords: Linear programming, Production function, Capital Ratios and Income Ratio, Cost Ratios, Cropping Intensity Index
[This article belongs to Research & Reviews : Journal of Crop science and Technology(rrjocst)]
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Research & Reviews : Journal of Crop science and Technology
| Volume | 13 |
| Issue | 01 |
| Received | July 8, 2024 |
| Accepted | July 10, 2024 |
| Published | July 10, 2024 |