PRODUCTIVE EFFICIENCY OF CATFISH FARMS IN CHICOT COUNTY, ARKANSAS

Abstract

Technical, allocative, and cost efficiency measures of a sample of small-and medium-sized catfish farms in Chicot County, Arkansas were estimated using a weight-restricted data envelopment analysis technique. A measure of cost efficiency is used to determine operator characteristics, farm practices, and institutional support services that are likely to lead to higher levels of efficiency. Experience of the operators and extension contacts were important factors positively influencing farm level efficiency. Extension services in Chicot County generated about $5.2 million in cost savings among catfish farms or about $2,737 per contact. Importantly, higher cost efficiency of catfish farm efficiency in Chicot County, Arkansas, can be achieved by adjusting inputs used in production to optimal levels rather than by adjusting the scale of operation.