Department of Agricultural Economics & Statistics, Baba Raghav Das Post Graduate College, Deoria, Deen Dayal Upadhyay Gorakhpur University, Gorakhpur, Uttar Pradesh, India
*Corresponding author: hradaykumarbhu@gmail.com (ORCID ID: 0009-0005-1689-3063)
Paper No. 1122
The present study was confined to the measure Resource use efficiency of banana production in Kushinagar district of eastern Uttar Pradesh. The total sample size of 50 banana farmers was selected. The sample farmers were randomly selected from each of the selected villages for getting required information. The banana production seed (suckers), manure (FYM), fertilizers, plant protection, irrigation was underused. Thus, need to increase its cost for optimum allocation. labour was overused and need to decrease their cost for its optimum allocation. The ratio of MVP (Marginal Value Product) to MFC (Marginal Factor Cost) was greater than the unity for all resources used in banana production except labour cost which was lesser than unity. The coefficient of multiple determinations (R2) was 0.961 for estimated production function. The high and significant F values indicated that the Cobb-Douglas production function was adequate in explaining 96 per cent of the variation in output of banana production.
⓿ To analyze the optimum allocation of resources used in the production process and functional relationship between input and output.
⓿ Cobb-Douglas production function was used to estimate the contribution of specified factors for production of banana
⓿ Regression coefficients of different production variables in cultivation of Banana
Resource use efficiency, Marginal value product, Marginal costs, Cobb-Douglas production function