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International Journal of Pure & Applied Bioscience (IJPAB)
Year : 2018, Volume : 6, Issue : 5
First page : (97) Last page : (101)
Article doi: : http://dx.doi.org/10.18782/2320-6474

Determinant and Quantifying Producer Surplus of Paddy in Varanasi District

Rakesh Kumar¹ and Appasmandri S.²*

¹Assistant Professor, Department of Agricultural Economics, UP College, Varanasi
²Research Scholar, Department of Agricultural Economics, Institute of Agriculture Science,
Banaras Hindu University, Varanasi
*Corresponding Author E-mail: s.appasagri@gmail.com
Received: 12.05.2018  |  Revised: 19.06.2018   |  Accepted: 25.06.2018  

 

 ABSTRACT

This study aims to portray the producer surplus and determinants of paddy in the district of Varanasi by using 90 samples comprise of less than one hectare, one to two hectare and above two hectare with the help of analytical tool linear and Cobb-Douglas production function. Result reveals that yield per hectare of paddy decreases with increasing size of farm and Absolute quantity of sale decreases with the size of family. Forced sale (distress sale) is a common feature on all the size group of farms because positive difference between marketable and marketed surplus Volume of production on marketable surplus is positively significant at one percent On large size group these factors volume of production, estimated consumption and the size of household membership which are significant at one per cent, two per cent and five per cent levels respectively. Linear function is fit very well compared to Cobb-Douglas function.

Key word: Producer Surplus, determinant of marketable and marketed surplus, linear production function

Full Text : PDF; Journal doi : http://dx.doi.org/10.18782

Cite this article: Kumar, R. and Appasmandri, S., Determinant and Quantifying Producer Surplus of Paddy in Varanasi District, Int. J. Pure App. Biosci.6(5): 97-101 (2018). doi: http://dx.doi.org/10.18782/2320-7051.6474