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PRINT ISSN : 2319-7692
Online ISSN : 2319-7706 Issues : 12 per year Publisher : Excellent Publishers Email : editorijcmas@gmail.com / submit@ijcmas.com Editor-in-chief: Dr.M.Prakash Index Copernicus ICV 2018: 95.39 NAAS RATING 2020: 5.38 |
This study was attempted to evaluate resource use efficiency in rapeseed and mustard production in Nagaon district of Assam. To conduct the study, primary data were collected from 250 farmers, selected using multistage simple random sampling technique. Data analysis was done using both inferential statistics and regression analysis using Cobb-Douglas production function. The Marginal Value Productivity (MVP) of resources were calculated and compared with its corresponding Marginal Factor Cost (MFC). The regression analysis revealed that there is a scope for increasing the use of the included input variables up to optimal level in order to achieve their efficient use. The sum of elasticity (∑bi) is greater than unity, showing thereby increasing returns to scale. This indicated that any further increase in use of these resources may provide a proportionate increase in output.