THE FACTORS AFFECTING THE ECONOMIC EFFICIENCY OF CINNAMOMUM IN THAI NGUYEN PROVINCE

Đoàn Thị Thanh Hiền

doi:10.34238/tnu-jst.5141

THE FACTORS AFFECTING THE ECONOMIC EFFICIENCY OF CINNAMOMUM IN THAI NGUYEN PROVINCE

About this article

Received: 12/10/21 Revised: 04/11/21 Published: 04/11/21

Authors

Doan Thi Thanh Hien , TNU - University of Agriculture and Forestry

Abstract

This study was conducted to determine the factors affecting the economic efficiency of cinnamon in Thai Nguyen Province. The data of the study were collected by directly interviewing 240 cinnamon growing households in Thai Nguyen province. The study uses Structural Equation Modelling (SEM) for analysis. The results show that 6 factors are affecting economic efficiency in Thai Nguyen province, including (1) market, (2) natural conditions, (3) policies, (4) capital, (5) science and technology, (6) qualifications and experience. The research recommends that in order to strongly develop cinnamon production in Thai Nguyen province, all levels of departments of Thai Nguyen province need to plan cinnamon production areas and have effective solutions in promoting output markets for products. cinnamon products and focus on training and transferring scientific advances to cinnamon farmers.

Keywords

Economic efficiency; SEM; Factors affecting; Cinnamomum; Thai Nguyen province

Full Text:

PDF (Tiếng Việt)

References

[1] People's Committee of Yen Bai province, Approving the project of developing cinnamon trees in Yen Bai province in the period of 2016 - 2020, Decision No. 1481/QD-UBND dated July 22, 2016 of the People's Committee of Yen Bai province, 2016.

[2] T. H. Vu, "Assessment in growth and economic efficiency of the cinnamon plantation model in Yen Cu commune, Cho Moi district, Bac Kan province," Journal of Forestry science and technology, no. 3, pp. 11-16, 2015.

[3] H. N. Doan and V. X. Do, “Factors affecting the farming efficiency of watermelon growing households in Can Tho city,” (in Vietnamese), Journal of Asian business and economic studies, vol. 27, no. 3, pp. 98-116, 2016.

[4] V. T. Pham and H. S. Nguyen, Cinnamon and planting techniques, Agricultural publishing, no. 667-2007/CXB/66-100 dated 21 August 2007, 2007.

[5] T. T. Duong, “Employment creation potential for ethnic minorities through value chain development of cinnamon products in the northern mountainous region of Vietnam - a case study of Van Yen district, Yen Bai province,” TNU Journal of Science and Technology, vol. 172, no. 12/2, pp. 69-74, 2017.

[6] People's Committee of Thai Nguyen province, Decision No. 139/QD-UBND dated January 19, 2021 of the People's Committee of Thai Nguyen province approving the project of developing key products of Thai Nguyen province in the period of 2021-2025, with orientation to 2030, 2021.

[7] V. D. Pham, K. C. Do et al, Agricultural Economics. Ha Noi Agricultural Publishing, 1997.

[8] V. T. Nguyen and L. T. Pham,“Analyzing economic efficiency of the lotus farms in Dong Thap Province,” Journal of Science, Can Tho University, no. 30, pp. 120-128, 2014.

[9] E. A. Dindi, “The Managerial Factors Influencing Sugarcane Production by Farmers of Mayoni Division, Mumias Sugar Company in Kenya,” Masters thesis, Department of Business Administration, Kenyatta University, 2013.

[10] D. H. Le and N. D. Le, “Factors influencing economic efficiency of marterial sugarcane productionof households in Van Loi commune, Quy Hop district, Nghe An province,” Journal of science and forestry technology, no. 6, pp. 201-208, 2016.

[11] T. T. X. Pham, “Economic efficiency and risks in pepper production in Quang Tri province,” Doctoral thesis, University of Economics - Hue University, 2015.

[12] T. D. H. Le, “Analysis of factors affecting the economic effects of pig farmers in Can Tho city,” Journal of Science, Can Tho University, no. 29, pp. 32-37, 2013.

[13] L. T. Pham, T. D. X. Huynh, and T. T. D. Tran, "Comparison of economic efficiency of summer-autumn and autumn-winter rice crops in the Mekong Delta," (in Vietnamese), Journal of Science, Can Tho University, vol. 18ª, pp. 267-276, 2011.

[14] J. F. Hair, C. B. William, B. J. Babin, and R. E. Anderson, Multivariate Data Analysis, Englewood Cliffs. NJ: Prentice Hall, 2010.

[15] J. Nunnally and I. H. P. Berstein, Schychometric Theory, 3rd ed., New York: McGraw-Hill, 1994.

DOI: https://doi.org/10.34238/tnu-jst.5141

Refbacks

There are currently no refbacks.



Remember me