2014
DOI: 10.4194/1303-2712-v14_2_13
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Abstract: Polyculture is commonly practiced in pond aquaculture where several fish species are reared together, creating a multioutput production structure. This study examines the technical (TE), allocative (AE) and economic efficiency (EE) of the most widely practiced fish-producing polyculture system in the coastal area of Yancheng city, China, which deals mostly with the production of crucian carp alongside silver carp and bighead carp. Data envelopment analysis is used to measure the efficiencies, while Tobit regre… Show more

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Cited by 12 publications
(3 citation statements)
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“…Analyses suggest that small-scale farms (<1 ha) as selected in this study are easily managed, require less investment, and fewer risk factors are involved. Sharma et al [40] and Yin et al [41] obtained similar results where the technical efficiency of the farms decreases as the size increases. Note: Single (*) and double (**), denotes, respectively, significance at the 10%, and 5% levels, TE denotes technical efficiency, AE denotes allocative efficiency, and CE denotes cost efficiency.…”
Section: Technical Inefficiency Analysismentioning
confidence: 73%
“…Analyses suggest that small-scale farms (<1 ha) as selected in this study are easily managed, require less investment, and fewer risk factors are involved. Sharma et al [40] and Yin et al [41] obtained similar results where the technical efficiency of the farms decreases as the size increases. Note: Single (*) and double (**), denotes, respectively, significance at the 10%, and 5% levels, TE denotes technical efficiency, AE denotes allocative efficiency, and CE denotes cost efficiency.…”
Section: Technical Inefficiency Analysismentioning
confidence: 73%
“…That means efficiency increases with the increases of farm size. This circumstance can be explained by the fact that the small farm may not be economically capable as the larger ones (Fernandez and Nuthall, 2012;Bhuyan et al, 2013;Yin et al, 2014;Bhatt and Bhat, 2014). Moreover, large farms generally have higher labor productivity through the use of new technology and mechanization (Mishra, 2014).…”
Section: Relationship Between Farm Size and Efficiencymentioning
confidence: 99%
“…One of the ways to reduce costs is to increase the productive scale aiming to optimize the use of production factors so that costs are diluted; in this sense, the largest companies present greater scale efficiencies (Gomes et al, 2005). However, in aquaculture, the relationship between efficiency and size of the property is extremely complex and it does not always follow the logic that larger units are more efficient (Yin et al, 2014).…”
Section: Introductionmentioning
confidence: 99%