The goal of this study is to analyze and compare the financial efficiency of the specialized production model of 3 rice crops and the rotation model of 2 rice crops and 1 sesame crop in the Mekong Delta. Besides, the economic efficiency of the rotational production model of 2 rice crops and 1 sesame crop will be estimated. By the cost-benefit analysis method (Cost And Return Analysis - CRA), analysis results are based on primary data collected from 306 farming households in the Mekong Delta shows that the group of farming households following the rotation model of 2 rice crops and 1 sesame crop achieved a level of financial efficiency 2.38 times higher than the group of farming households following the specialized cropping model of 3 rice crops. In addition, through the random marginal profit function of Cobb - Douglas and Quadratic, it is shown that the economic efficiency of farming households following the rotation model of 2 rice crops and 1 sesame crop has the potential to increase significantly if farming households optimally improve technical efficiency and allocative efficiency.
Tạp chí: 6th International Conference on Contemporary Issues in Economics, Management and Business, National Economics University; 23-24/12/2023, Ha Noi-Viet Nam
Tạp chí: National Conference on GIS Application 2022: GIS and Remote Sensing Applications for Environment and Resource Management 11/11/2022 - 12/11/2022 Ho Chi Minh City, Vietnam
Tạp chí khoa học Trường Đại học Cần Thơ
Lầu 4, Nhà Điều Hành, Khu II, đường 3/2, P. Xuân Khánh, Q. Ninh Kiều, TP. Cần Thơ
Điện thoại: (0292) 3 872 157; Email: tapchidhct@ctu.edu.vn
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