Estimating profit and cost functions and economic and technical efficiencies of wheat production Nejaf Province-al-Abbassi township : (a case study)‎ for season

Other Title(s)

تقدير دالة التكاليف و الربح و الكفاءة الاقتصادية و الفنية لإنتاج القمح في محافظة النجف–ناحية العباسية : حالة دراسية (للموسم الزراعي 2016)‎

Joint Authors

Muhammad, Zahrah Hani
Bashshar, Akad Sadun
Nasir, Sad Aziz

Source

The Iraqi Journal of Agricultural Science

Issue

Vol. 49, Issue 3 (30 Jun. 2018), pp.400-409, 10 p.

Publisher

University of Baghdad College of Agriculture

Publication Date

2018-06-30

Country of Publication

Iraq

No. of Pages

10

Main Subjects

Economy and Commerce
Botany

Topics

Abstract EN

Wheat is one of the most important cereals, occupying a discrete economic position worldwide as a main source for human nutrition due to its content of essential nutrients.

Therefore, wheat has a strategic trait in international economic relationships, and most developing countries, including Iraq, are seeking for achieving self-sufficiency from this crop.

This study aimed to estimate the profit and cost functions as well as economic, price, cost, and technical efficiencies beside the other economic indices at actual, optimal and profit-maximizing production of wheat.

A random sample of 45 wheat farms in Nejaf province was selected during the agricultural season 2016.

From efficiency scales of profit function, it was shown that the average production costs had the greatest impact on the profit compared to other variables (product price and yield).

According to the cost function, the optimal cost-minimizing production size was 49.40 tons.

Both technical and economic efficiencies were 61.96%, while price and cost efficiencies were 35.1% and 0.53 respectively.

From these data, it can be concluded that the actual production uses only 62 % from economic resources and it affords 38% extra cost.

The study recommends following a production policy which increases the economic efficiency and achieves the optimal exploit for available resources

American Psychological Association (APA)

Muhammad, Zahrah Hani& Bashshar, Akad Sadun& Nasir, Sad Aziz. 2018. Estimating profit and cost functions and economic and technical efficiencies of wheat production Nejaf Province-al-Abbassi township : (a case study) for season. The Iraqi Journal of Agricultural Science،Vol. 49, no. 3, pp.400-409.
https://search.emarefa.net/detail/BIM-910971

Modern Language Association (MLA)

Muhammad, Zahrah Hani…[et al.]. Estimating profit and cost functions and economic and technical efficiencies of wheat production Nejaf Province-al-Abbassi township : (a case study) for season. The Iraqi Journal of Agricultural Science Vol. 49, no. 3 (2018), pp.400-409.
https://search.emarefa.net/detail/BIM-910971

American Medical Association (AMA)

Muhammad, Zahrah Hani& Bashshar, Akad Sadun& Nasir, Sad Aziz. Estimating profit and cost functions and economic and technical efficiencies of wheat production Nejaf Province-al-Abbassi township : (a case study) for season. The Iraqi Journal of Agricultural Science. 2018. Vol. 49, no. 3, pp.400-409.
https://search.emarefa.net/detail/BIM-910971

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 407-409

Record ID

BIM-910971