Factors impacting the financial efficiency of pig farming models in Can Tho City

Nguyen Quoc Nghi 1, *, Le Kim Thanh 1 and Bui Van Trinh 2

1 School of Economics, Can Tho University, Vietnam.
2 Department of Finance – Accounting, University of Cuu Long, Vietnam.
 
Research Article
International Journal of Science and Research Archive, 2021, 04(01), 054–058.
Article DOI: 10.30574/ijsra.2021.4.1.0173
 
Publication history: 
Received on 08 October 2021; revised on 22 November 2021; accepted on 24 November 2021
 
Abstract: 
The study’s objective is to evaluate the financial efficiency and determine the factors affecting pig farming models’ financial efficiency in Can Tho City. The study collected data from 118 households raising pigs for meat. The methods used in the study include financial ratios analysis and multivariable linear regression. The research results show that models of raising pigs for meat have high financial efficiency. The financial performance of the models is positively correlated with the educational level of the farmer and the participation in technical training programs. In contrast, financial efficiency is negatively correlated with seed cost, feed cost, farm drug cost, and total risk.
 
Keywords: 
Pig farming; Financial efficiency; Farmer, Can Tho City
 
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