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Economic efficiency of small-scale tilapia farms in Guangxi,China
Authors:Zhang Zongli  Zhang Yanan  Li Feifan  Yang Hui  Yuan Yongming
Institution:1. Wuxi Fisheries College, Nanjing Agricultural University, Wuxi, Jiangsu, China;2. Freshwater Fisheries Research Center, Chinese Academy of Fishery Sciences, Wuxi, Jiangsu, China
Abstract:ABSTRACT

The economic efficiency of small-scale tilapia farms in Guangxi, China were analyzed by using Data Envelopment Analysis (DEA). The mean technical (under CRS and VRS), allocative, and economic efficiencies of small-scale tilapia farms were 0.89, 0.97, 0.71 and 0.68, respectively. Efficiency analysis revealed that inefficient farms would have needed to increase production output levels by 32% to perform as well as the best practice farms. The decomposition of the economic efficiency showed that allocative inefficiency was the primary cause of economic inefficiency. There were positive relationships between economic efficiency and age, culture mode and period through Tobit regression, while experience, family members, and technology support had negative effects on economic efficiency. Lower input levels of feed quantity may help to increase the tilapia farming economic efficiency.
Keywords:Allocative efficiency  data envelopment analysis  economic efficiency  small-scale tilapia farm  technical efficiency  tobit regression
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