Search

Copyright of Dilemas Contemporáneos: Educación, Política y Valores is the property of Dilemas Contemporaneos: Educacion, Politica y Valores and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Dilemas Contemporáneos: Educación, Política y Valores is the property of Dilemas Contemporaneos: Educacion, Politica y Valores and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The present study was conducted at Institute of Agricultural and Resource Economics, University of Agriculture, Faisalabad, Pakistan during the year 2011-12. In this study profit efficiency of organic and conventional wheat production was compared by collecting primary data of crop year 2011-12 from districts Sheikhupura, Nankana Sahib and Gujranwalla. Profit efficiency of organic and conventional wheat farmers was calculated by stochastic profit function. Maximum Likelihood estimates (MLE) results of Cobb Douglas frontier profit function show that average profit efficiency of organic wheat farmers is 0.915 relatively higher than that of conventional wheat farmers (0.911). It indicated that organic wheat farmers are more profit efficient than conventional farmers. The results revealed that normalized price of other inputs caused significantly to lower the profit in both organic and conventional wheat farming with elasticities -0.238 and -0.327 respectively. The normalized price of irrigation contributes significantly to lower the profit in organic wheat farming with elasticity of -0.176, while, normalized price of labour lower the profit significantly in conventional wheat farming with elasticity of 0.349. The fixed factors play an important role in increasing profit but pest breakouts affect the profit negatively in both organic and conventional wheat farming. The results of inefficiency model indicated that education and experience in wheat farming significantly reduced the profit inefficiency in both organic and conventional wheat farming. The study suggests that profitability of both organic and conventional wheat farming can be enhanced by investing in education and strengthening the role of extension department. [ABSTRACT FROM AUTHOR]