Economics and Determinants of Pangas catfish Production in India
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Keywords:
Pangasius, farm-business analysis, Cobb- Douglas production functionAbstract
The article models the structure of Pangas catfish(Pangasius pangasius) (Hamilton, 1822) production
to present the determinants of production and
estimate costs and return in Pangasius farming in
India. Farm business analysis was performed for
computing costs and return and for determining
factors of production, Cobb-Douglas production
function was estimated. Empirical findings indicate
the Pangasius culture was profitable. Net income
across all farms was Rs. 437528.9 ha-1, which varied
from Rs. 397469.7 ha-1 on large farms to Rs. 588668.1
ha-1 on small farms. The major determinants of
Pangasisus production were feed, seed, area, experience
in Panagsius culture and days of culture.
Coefficients indicate increase in production can be
attained by increasing the inputs. The overall
estimate of return to scale was larger than unity
implies Pangasius production can be increased from
scale economies. Efficient production practice, with
low cost inputs, local seed availability, proper
resource allocation and seeking guidance through
PAD* for sound and competitive culture practice
may ensure sustainable production in the country.
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Submitted
2019-01-25
Published
2019-05-15
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Articles
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Copyright rests with the Society of Fisheries Technologists (India).How to Cite
Mugaonkar, P., Ranjan Kumar, N., & Biradar, R. S. (2019). Economics and Determinants of Pangas catfish Production in India. Fishery Technology, 56(1). https://doi.org/10.56093/ft.v56i1.86502