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Title: Economic Analysis of Young Corn Production in Amphoe Tarmaka, Karnchanaburi Province, 1993/94 Crop Year
Authors: Chutiyanweerakun, Chawal 
Issue Date: 1994
Publisher: University of the Thai Chamber of Commerce
Source: Chawal Chutiyanweerakun (1994) Economic Analysis of Young Corn Production in Amphoe Tarmaka, Karnchanaburi Province, 1993/94 Crop Year.
Abstract: Young corn is one of the vegetable crops that begins to play more important role in Thai economy. Beside providing a fairly high return to farmers, young corn is also another crop that supports the agro-industry for export with hundreds of millions in annual exporting earning. According to the Sixth National Economic and Social Development Plan (1987-1991), the government has categorized young corn as one of the industrial crops under immediate improvement and accelerating. However,present export value of young corn declines because the competing countries have the lower cost of production. Moreover, production from Thailand seems to be uncertain and lower quality. The objectives of this study are (1) to estimate the young corn production function and economic efficiency of inputs used in young corn production. (2) to consider the cost and return of young corn for the small farm with the planted area less than 2.5 rai and large farm. (3)to know the marketing channel of young corn at local market level. The study was conducted in Amphoe Tarmaka of Karnchanaburi province covering 1993/94 crop year. Data were obtained from 105 random sample farms. The results from Cobb-Douglas production function model indicated that the variables affected the production change in crop year such as human labor and cash capital expenses on fertilizers, chemicals, fuel oil and electricity expenses could be used significantly to explain young corn production changes. Considering the elasticity of young corn production function, human labor has the partial elasticity of production of 0.5929 while cash expense on fertilizers, chemicals, fuel oil and electricity has the partial elasticity of production of 0.0745. In measuring the efficiency use of each factor, it was found that both farmers in small farm and large farm could increase their human labor since the ratio of value of marginal product and factor price were greater than one but reduce cash expenses on fertilizers, chemicals, fuel oil and electricity, in order to reach the proper utilization of factors and obtain higher profit. The result of cost and return analysis indicated that the young corn production cost of the small farm and the large farm were 2,537.21 and 2,559.24 baht per rai respectively. However, yield per rai of the large farm was higher than the small farm at 1,381 the small farm. Therefore, large farm earned higher net profit at 1,137.27 bath per rai compared to 946.50 baht per rai in small farm group. In conclusion, the good management in conjunction with appropriate level of inputs used will definitely increase young corn per rai,reduce cost per unit and increase net farm income.
Rights: This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
Appears in Collections:GS: Theses / Independent Studies

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