Total factor productivity with cobb-douglas production function in agriculture: A Study in Cuttack district, Odisha

Measurement of productivity and the optimal of conditions in the process of measurement are quite essential in productivity analysis. The purpose of this study is to determine the total factor productivity (TFP) of crop producing farms in the Cuttack District of Odisha comparatively, in terms of land size using Cobb-Douglas production function. In addition, the input efficiencies and return to scales were computed. The results show that as farm size increases the TFP increases in the same direction. Also, the farm income increases by the increase in labor and land size in all the farms sizes which is highly significant whereas working capital is significant in small and medium farm size but insignificant in large farms.