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Published Paper

2615-9112

Journal of Economic Development

Journal of Economic Development

Variable Input Demand and Rice Supply in the Mekong Delta: An Empirical Analysis

Nguyen Huu Dung

DOI:
​Keywords:

Nguyễn Hữu Dũng

Dũng Nguyễn

Abstract

On the basis of neoclassical economic theory, the general purpose of this study is to undertake an estimation of a system of output supply and factor demand for intensive production system in the Mekong Delta, using a profit function approach. To achieve higher profits from rice production and efficiency of input use, farmers need to operate at the economic optimum rather than the technical optimum. Thus, this paper will explore whether or not farming households are efficient at their current level of inputs' application when input and output prices are taken into account.

Nguyen Huu Dung (2010), "Variable Input Demand and Rice Supply in the Mekong Delta: An Empirical Analysis", Journal of Economic Development, pp. 24-30

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