Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia

Research Article

EXPLORING THE SUSTAINABILITY OF DAIRY FARMING IN KERALA: A STOCHASTIC COST FRONTIER APPROACH

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  • @INPROCEEDINGS{10.4108/eai.1-10-2020.2304743,
        author={Elsa Elizabeth Jacob and A. S. Ambily},
        title={EXPLORING THE SUSTAINABILITY OF DAIRY FARMING IN KERALA: A STOCHASTIC COST FRONTIER APPROACH},
        proceedings={Proceedings of the First International Conference of Economics, Business \& Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia},
        publisher={EAI},
        proceedings_a={ICEBE},
        year={2021},
        month={4},
        keywords={dairy farming milk production allocative efficiency cost frontier sustainable},
        doi={10.4108/eai.1-10-2020.2304743}
    }
    
  • Elsa Elizabeth Jacob
    A. S. Ambily
    Year: 2021
    EXPLORING THE SUSTAINABILITY OF DAIRY FARMING IN KERALA: A STOCHASTIC COST FRONTIER APPROACH
    ICEBE
    EAI
    DOI: 10.4108/eai.1-10-2020.2304743
Elsa Elizabeth Jacob1,*, A. S. Ambily1
  • 1: Amrita School of Arts and Sciences
*Contact email: elsajacob082@gmail.com

Abstract

India is one of the largest milk-producing country, but due to the steady success of milk production.Due to the fast mode of urbanization, people getting into this sector are reducing. The cost of production is also increasing in India. The study is undertaken in Kerala State in India, where milk production is not having a linear growth for the past few years.Allocative efficiency estimation is used to analyze the sustainability of dairy farming in Kerala using stochastic cost frontier method.A total of 150 samples were chosen to estimate efficiency. The mean allocative efficiency was high in Thiruvanthapuram district with 66.56 per cent. Malappuram district has 63.48 per cent, and Ernakulam district has 61.22 per cent. There is still room to improve efficiency further. Only if the farmers increase their efficiency, dairy farming can be sustainable for the future generation