Economic Affairs

SCOPUS
  • Year: 2022
  • Volume: 67
  • Issue: 5

Production Function and Resource Use Efficiency of Milk Production in Rural Punjab

1Department of Economics, Lovely Professional University, Phagwara, Punjab, India

2Department of Economics, Punjabi UniversityPatiala, Punjab, India

Abstract

Aiming to make an empirical assessment of the resource use efficiency in milk production of different milch breeds in rural Punjab, the present study reveals that both green fodder and concentrates in case of buffalo milk production and concentrates alone in case of crossbred cow milk production, have been found as significant factors affecting the milk yield in rural Punjab. However, not even a single input is found as statistically significant for local cow milk production. The marginal value productivity of all inputs is worked out as positive in the case of buffalo and crossbred cow milk production, but negative for local cow milk production. The deviation of marginal value productivity of inputs from its unit price reveals resource use inefficiency in the study.

Green fodder and concentrates are found to be statistically affecting the milk yield of buffaloes.

Resource use inefficiency has been found in the study area.

Keywords

Determinants, Milch breeds, Resource use efficiency, Marginal value productivity, Milk production