Analysis of input demand of rice farmers in Lumban, Laguna, dry season, 2015

Date

5-2016

Degree

Bachelor of Science in Agricultural Economics

College

College of Economics and Management (CEM)

Adviser/Committee Chair

Cesar B. Quicoy

Abstract

The factors that affect input demand behavior of farmers were determined by comparing two input demand models: the cost constrained input demand models. The parameters of the models were obtained from statistical estimations of the rice farmer?s production function. These estimates were based on data acquired from a complete enumeration of 113 rice farmers in Lumban. The data gathered was from the production during the dry seasoned in 2015. Land, labor, chemicals, and groundwater were found to be significant in rice production. Results of the study revealed that the farmers are cost constraints when it comes to labor and groundwater demand. Therefore, to increase land and chemical usage of farmers, policy makers should not implement output subsidies but rather increase the budget of farmers. On the other hand, to increase labor and chemical usage, policy makers should focus on ways on how to incentivize farmers to increase their output. Decreasing the input prices can also aid in increasing input usage.

Language

English

Location

UPLB College of Economics and Management (CEM)

Call Number

LG 993.5 2016 A14 L56

Document Type

Thesis

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