Abstract:
This study was carried out for the purpose of determining the socio-demographic
profile of Sonali chicken farmers, financial viability, technical efficiency and
problems of Sonali chicken production. For achieving these objectives, 60 Sonali
chicken farms were selected randomly from Panchbibi upazila of Joypurhat District in
the month of June 2019. Both tabular and statistical analyses were applied in this
study. The study has shown that the total fixed investment was Tk. 15696 per 100
Sonali chicken. The total variable cost was Tk. 13866 per 100 Sonali chicken per
year. The total cost of meat production per 100 Sonali chicken was Tk. 14953. The
net returns over variable costs were Tk. 4834 per 100 Sonali chicken per year. The
study also found that in producing Sonali chicken Benefit Cost Ratio (BCR), Net
Present Value (NPV) and Internal Rate of Return (IRR) were 1.12, Tk. 16912.24 and
23.38 percent, respectively. The value of NPV was positive, BCR was greater than
one and IRR was more than the prevailing rate of interest. This showed that
investment in Sonali chicken farming was profitable in the study area. Sensitivity
analysis suggested that the investment in Sonali chicken production is profitable even
for returns decreased by 5 percent, costs increased by 5 percent and if both of those
happen simultaneously.
The Cobb-Douglas stochastic frontier production function was used for this study to
measure technical efficiency of Sonali chicken producing farmers. The coefficients of
parameters like total labor, day old chicks were significant and indicated negative &
positive effect on Sonali chicken production respectively. In the technical inefficiency
effect model, experience had negative & significant coefficient indicating that this
helps in reducing technical inefficiency of Sonali chicken farmers. The analysis
revealed that the mean technical efficiency of Sonali chicken farmers was 88 %
ranging from 81 % to 99 %. On an average, 12 % technical inefficiency appears
which implies that the output per farm can be increased on an average by 12 %
through Sonali chicken production using the prevailing technology and without
incurring any additional production cost. This study also identified some of the
problems associated with Sonali chicken production. Finally on the basis of findings
of the study, some recommendations were suggested for the development of Sonali
chicken production in Bangladesh.
Description:
A Thesis
Submitted to the Faculty of Agribusiness Management,
Sher-e-Bangla Agricultural University, Dhaka
in partial fulfillment of the requirements
for the degree of
MASTER OF SCIENCE
IN
AGRICULTURAL ECONOMICS