Proceedings of the 4th International Conference on Economics, Business and Economic Education Science, ICE-BEES 2021, 27-28 July 2021, Semarang, Indonesia

Research Article

Development of Local Potentials Through Efficiency of Aloe Vera Farming in Sleman

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  • @INPROCEEDINGS{10.4108/eai.27-7-2021.2316876,
        author={Hadi  Sasana and Yuliani  Setyaningsih and Hastarini Dwi Atmanti and Ivo  Novitaningtyas},
        title={Development of Local Potentials Through Efficiency     of Aloe Vera Farming in Sleman},
        proceedings={Proceedings of the 4th International Conference on Economics, Business and Economic Education Science, ICE-BEES 2021, 27-28 July 2021, Semarang, Indonesia},
        publisher={EAI},
        proceedings_a={ICE-BEES},
        year={2022},
        month={3},
        keywords={profit efficiency stochastic frontier analysis (sfa) aloe vera farming},
        doi={10.4108/eai.27-7-2021.2316876}
    }
    
  • Hadi Sasana
    Yuliani Setyaningsih
    Hastarini Dwi Atmanti
    Ivo Novitaningtyas
    Year: 2022
    Development of Local Potentials Through Efficiency of Aloe Vera Farming in Sleman
    ICE-BEES
    EAI
    DOI: 10.4108/eai.27-7-2021.2316876
Hadi Sasana1,*, Yuliani Setyaningsih1, Hastarini Dwi Atmanti1, Ivo Novitaningtyas2
  • 1: Universitas Diponegoro
  • 2: Universitas Tidar
*Contact email: hadisasana@live.undip.ac.id

Abstract

This study aims to analyze the profit efficiency of aloe vera farming in Pakem, Sleman Regency. The approach used in this study is Stochastic Frontier Analysis (SFA) with the Stochastic Translog Profit Frontier model. The results show that the average profit efficiency of aloe vera farming is still not optimal, which is 43.64%. Moreover, the results also show that younger farmers were more efficient than older farmers. In addition, the variables of education, the number of families, and the number of people financed are not significant to profit efficiency.