Abstract:
According to Roundtable on Sustainable Palm Oil (RSPO), Thailand is the first oil palm producer in the world to achieve independent smallholders RSPO-certified under the RSPO Group Certification in 2012. The purpose of this study was to measure technical efficiency, cost efficiency, allocative efficiency and to identify factors affecting cost efficiency in RSPO oil palm plantation in Thailand. The RSPO record book from 2014 was analyzed using data envelopment analysis method in value-based cost efficiency model of Tone (2002). The estimated technical efficiency, cost efficiency and allocative efficiency of RSPO oil palm farms were found to be 86.04, 55.08, and 63.40 percent, respectively. The result of ordinary least square regression revealed that the important factors showing positive relationship on cost efficiency are applied empty fresh fruit bunch on the ground of oil palm farm and payment for water supply such as artesian well
Thammasat University. Thammasat University Library