Funding gender and the relative economic efficiency of calves fattening projects in Baghdad governorate: Anormalized profit function Approach

Authors

  • Nahidh Naji Issa, Hassan Thamer Zanzal

Keywords:

fattening calves, Anormalized profit function, duality production function, relative economic efficiency, Gender of funding, returns to scale.

Abstract

The research aimed to estimate the Anormalized profit function and derive the production function from it using the developed duality method, as well as measuring the relative economic efficiency and calculating the return to scale. The study reached to derive the duality production function from the Anormalized profit function for the calves fattening projects in the Baghdad governorate, and it was found that they have achieved diminishing capacity returns of the amount of (0.975), less than the correct one, and this means that it is in the stage of rational production,  Also the study concluded by measuring the relative economic efficiency through the Anormalized profit function, that there are no differences in economic efficiency between self-financed calves fattening projects and co-financed calves fattening projects, The results of the research also showed that there is a need to increase the use of some resources and reduce Others and in certain proportions in order to achieve the optimum level of use of those resources, so it is necessary to work to direct the breeders to the optimal use of the resources involved in the production process to benefit from them to the maximum extent possible to achieve profitable profits from that process, and the study concluded that calves fattening projects are economically profitable projects, Therefore, it recommends the owners of capital to invest in these projects as they bring profitable profits for them.

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Published

2022-03-11