Determinants of Profitability of Rice Farming in Peri-Urban Area, Bangkok, Thailand

Abstract

Rice farming is not only beneficial for farmer, but also have a significant contribution to the share of agriculture in peri urban area of Bangkok. This study examined the profitability of rice farming and investigate some socio-economic factors affecting the profitability of rice farming in peri-urban area of Bangkok, Thailand. A questionnaire were administered to 60 rice farmers in Ladkrabang district, Bangkok, Thailand in October, 2015. To examine the profitability of rice production, the gross margin and cost benefit analysis were carried out. Data were analyzed using multiple regression analysis and descriptive statistics. The results showed that total cost for rice production was estimated at 6,083.39 Thai baht (THB) per rai, total income for rice production was estimated at 11,423.51 THB per rai and gross margin for rice production was estimated at 5,340.12 THB per rai. The results revealed that the factors that significantly affected productivity of rice farmers were gender, social status, number of family labor, land size and rice variety. It was recommended that farmers in the study area should be informed through extension services of the socio-economic factors that influence profitability of rice production so that the farmers can consider these factors in their production decision making process

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Author Information
Sasima Fakkhong, King Mongkut's Institute of Technology Ladkrabang, Thailand
Suneeporn Suwanmaneepong, King Mongkut's Institute of Technology Ladkrabang, Thailand

• Category: ACSS ACSEE AGEN 2016, ACSS2016, Oral Presentation, Paper Available
• Tag: Economics and Management,

Posted by James Alexander Gordon

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