A Study of Economic Efficiency Assessment of Leisure Farm in Taiwan-An Application of Stochastic Frontier Analysis
Date Issued
2015
Date
2015
Author(s)
Chu, Te-Cheng
Abstract
Tourism has become an integral part of modern leisure activities, from 1950s, Europe and America take agricultural tourism industry as a national economic development strategy direction. According to EuroGite’s (European Agricultural tourism Organization) 2012 statistics, the agricultural tourism created more than 900,000 jobs and 150 billions euros, and gradually transform the traditional agriculture to tourism industry. In the past few years, Taiwan’s government and the private sector continue to invest for the leisure agriculture, the value of leisure agriculture industry has grown dramatically and become the emerging industries. Therefore this research is about to realizing the development of Taiwan Leisure farm, and calculates the leisure agriculture industry''s operating efficiency. This study uses stochastic frontier method proposed by Battese and Coelli (1995) to analyze and discuss Taiwan’s 171 Leisure Farm in 2014 full-year operating efficiency performance, as well as realizes management inefficiency factors. The empirical results show that the average Taiwanese leisure farm efficiency is 0.9244, and if the industry is further divided into northern, central, southern and eastern areas, the average efficiency of Eastern region performance can be found is preferably 0.9521, the southern region were the worst performing sector 0.9052. If the industry divided into participating in leisure agriculture area and not participating in leisure agriculture area, the study found that leisure agriculture area industry average efficiency is 0.9687, which is more dominant than the non- agricultural areas 0.904. As a result of the integration of leisure agriculture area, we can see the area really improve the management efficiency of agricultural sectors. As for the non-efficiency factors, the higher propotion of home member, running restaurant would get higher non-efficiency operations. Those who provide leisure experience project would have significantly less non-efficient effect. From this results, the government’s policy to promote leisure agriculture zone have significant positive effect, as for the leisure agriculture industry, the proposal should be set to provide experience activities to improve its operational efficiency.
Subjects
Agricultural Tourism
Operational Efficiency
Leisure Agriculture
SDGs
Type
thesis