文章基本信息

标题：FACTORS AFFECTING PROFITABILITY OF SMALL SCALE FARMING IN SOUTHERN TRINIDAD & TOBAGO
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作者：Patterson-Andrews, Hazel ; Pemberton, Carlisle A.
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：2014
页码：1-18
出版社：Journal of Agribusiness
摘要：This study examined several possible factors determining the profitability of small scale crop farmers in Trinidad and Tobago in the Caribbean. Industrial/urban influence on profit efficiency was tested by the creation of a special variable (IFOUR). This variable along with farming and socio-economic variables were incorporated into a translog augmented stochastic profit frontier. The significance of coefficients was tested as well as the calculation of the elasticity of profit with respect to the wage rate. The study found a significant negative impact of wage rates on profitability. Also the age of the farmer negatively affected profitability, while the number of years farming had a positive effect. This latter variable also significantly influenced both the one-sided error and idiosyncratic error terms. However IFOUR measuring industrial/urban influence did not significantly affect the profitability. The farmers had a mean profit efficiency of 48.4%, which was low in international comparisons.
关键词：Caribbean Farming;Stochastic Profit Frontier