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This study compares the profitability of hybrid and inbred rice farming in the Bicol Region, Philippines. This study proves that high productivity does not necessarily translate to higher profitability, showing that they are two distinct economic dimensions. Seed cost is the main factor reducing profits. To improve hybrid rice profitability, interv...
Context in source publication
Context 1
... regression analysis on the influence of cost categories on the profit-cost ratio of non-hybrid rice farms is shown in Table 4. In this model, the dependent variable is the natural logarithm of the profit-cost ratio, and the analysis includes also the natural log of the independent variables such as labor cost, fertilizer cost, fuel cost, pesticides, machine rentals, and the cost of seeds. ...