Conceptual Framework for Measuring the Overall Economic Performance of Farms: A Case Study from Burkina Faso
Abstract
The objective of this study is to define a
conceptual framework for measuring the Global Economic Performance (GEP) of
farms. After a literature review of GEP measurement methods and indicators, we
have specified a composite indicator for this purpose. It is called Global
Economic Performance Indicator (GEPI). It consists of one group of positive
indicators and another of negative indicators. Each group is the reduced
centered average of the indicators that make it up. GEPI was applied to 262
randomly selected maize growers of Burkina Faso grouped into 'production
systems', 'farm sizes' and 'provinces'. The results show that the large farms,
the motorized producers and those of Tuy are generally the most powerful of
their respective group. In addition, large farms are overall the best
performers of all categories of producers with a score of 0.59.
Keywords
References
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Details
Primary Language
English
Subjects
Agricultural Engineering
Journal Section
Research Article
Publication Date
August 25, 2019
Submission Date
December 23, 2018
Acceptance Date
May 29, 2019
Published in Issue
Year 2019 Volume: 25 Number: 1