ECONOMICS OF CONVENTIONAL AND PARTIAL ORGANIC FARMING SYSTEMS AND IMPLICATIONS FOR RESOURCE UTILIZATION IN PUNJAB (PAKISTAN)
Journal Title: Pakistan Economic and Social Review - Year 2010, Vol 48, Issue 2
Abstract
The study aimed to compare profitability and resource used efficiency of organic and conventional farming systems. The data is collected from Sheikhupura district for the Rabi season crops both from conventional and organic farming systems and 15 farmers from each system are interviewed. The organic farming system is found to be more profitable under the assumption of zero opportunity cost of family labourers. However, conclusion reversed when family labour is evaluated at average market wage rate. In profit maximization of organic farming system with Linear Programming (LP) approach indicates that irrigation is a limiting factor, where policy planners need to focus. It implied that potential exists in organic farming system that can be explored by improving the availability of canal water. However, in profit maximization of conventional farming system with LP, the shadow price of land is observed to be highest followed by canal water, implying that land and canal water are crucial factors to increase the profitability of poor farmers in conventional farming system. This clearly depicts that conventional farming system has exhausted and no further potential exists for improvement in profit without increasing the area.
Authors and Affiliations
ABDUS SAMIE, ABEDULLAH , MANZOOR AHMED, SHAHZAD KOUSER
Keywords
Related Articles
- EP ID EP102952
- DOI -
- Views 142
- Downloads 0
IMPACT OF INSTITUTIONAL CREDIT ON PRODUCTION EFFICIENCY OF FARMING SECTOR: A CASE STUDY OF DISTRICT FAISALABAD
The paper highlighted the level of production efficiency of the farming sector in district Faisalabad in the Punjab province of Pakistan. Stochastic Frontier Analysis (SFA) technique was utilized at farm level survey dat...
ARMIES IN THE PROCESS OF POLITICAL MODERNIZATION
This paper is all about the praetorianism and its implications upon the political and economic systems of the developing world, especially Pakistan. Army has been a source of political modernization in the traditional as...
YOUTH POPULATION AND THE LABOUR MARKET OF PAKISTAN: A MICRO LEVEL STUDY
The main purpose of this paper is to analyze the youth labour market participation in Pakistan. Based on micro data of LFS (2006-07), the strength of analysis presented in this paper is twofold; first, it presents a desc...
EXPLORING THE LINK BETWEEN TAX EVASION AND THE UNDERGROUND ECONOMY
Often, the size of the underground economy is treated as equivalent to the amount of tax evaded. This may be misleading. It is possible to have income unreported to the tax authority, thus creating a serious tax evasion...