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312979

Statistical Estimation of the Production and Cost Functions of Sugar Cane Crop in Minia Governorate

Article

Last updated: 28 Dec 2024

Subjects

-

Tags

Economic and socio agricultural

Abstract

The aim of this research was to study the productivity and economic indicators of sugar cane production in Egypt and the Minia Governorate. It also aimed to estimate the statistical functions of physical production in order to assess the economic efficiency of the main resources used in sugar cane production within the study sample. Additionally, statistical estimation of cost functions was conducted to obtain indicators of the economic efficiency of sugar cane production. The research yielded several results, among the most important of which were: through estimating the production function of sugar cane in the DeirMawas center, it was found that production factors account for approximately 72% of the variations in sugar cane production quantity in the study sample. The significance of the seedlings variable (Q2) and the nitrogen fertilizer variable (Q4) were established, as their coefficients were statistically significant with the dependent variable, while the significance of the other variables was not established. The production elasticity of the seedlings element (Q2) was approximately 0.507, which means that a 10% increase in the use of this production factor leads to a 5.07% increase in sugar cane production. The total elasticity of the function was approximately 1.45, indicating that these factors operate within the range of increasing returns to scale. The results also indicated that the most significant problems and obstacles faced by sugar cane producers in the Minia Governorate during the 2021/2022 agricultural season were primarily related to the high prices of fertilizers.

DOI

10.21608/nvjas.2023.209384.1202

Keywords

Production functions, Cost functions, Economic Efficiency Indicators, Farm Price

Authors

First Name

Hala

Last Name

Ali

MiddleName

Mohamed

Affiliation

Department of Agricultural Economics, Faculty of Agricultural, Minia University, Egypt

Email

hala.ali@mu.edu.eg

City

-

Orcid

0009-0006-9537-3353

Volume

3

Article Issue

9

Related Issue

42570

Issue Date

2023-07-01

Receive Date

2023-05-06

Publish Date

2023-08-15

Page Start

989

Page End

1,004

Print ISSN

2805-2420

Online ISSN

2805-2439

Link

https://nvjas.journals.ekb.eg/article_312979.html

Detail API

https://nvjas.journals.ekb.eg/service?article_code=312979

Order

312,979

Type

Original Research

Type Code

2,101

Publication Type

Journal

Publication Title

New Valley Journal of Agricultural Science

Publication Link

https://nvjas.journals.ekb.eg/

MainTitle

Statistical Estimation of the Production and Cost Functions of Sugar Cane Crop in Minia Governorate

Details

Type

Article

Created At

28 Dec 2024