Efficiency and Farm Size in Philippine Aquaculture. Analysis in a Ray Production Frontier Framework

Xavier Irz and James R. Stevenson

Bio-based and Applied Economics Journal, 2012, vol. 01, issue 2, 24

Abstract: We investigate the existence of an inverse relationship (IR) between farm size and technical efficiency in Philippine brackishwater pond aquaculture. The study is motivated by the exemption of fish ponds from the Comprehensive Agrarian Reform Laws and suggestions in the literature of inefficient management of fish farms. The analysis of technical efficiency is based on the estimation of a multi-product ray production function estimated in a stochastic frontier framework. There is some evidence of an IR but of only limited strength. Hence, it is unlikely that agrarian reform is the key to unlocking the productive potential of brackishwater aquaculture in the Philippines.

Keywords: Community/Rural/Urban Development; Land Economics/Use; Production Economics; Productivity Analysis (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aieabj:141968

DOI: 10.22004/ag.econ.141968

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