Pig production and risk exposure: A case study in Hung Yen, Vietnam

Nguyen Thi Thu Huyen * and Pham Van Hung

* Corresponding author (huyenquyet2002@gmail.com)

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Received: 15 Oct 2015
Revised: 11 Mar 2016
Accepted: 30 Nov 2016
Published: 30 Nov 2016
DOI: 10.22144/ctu.jen.2016.048
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Nguyen, T. T. H., & Pham, V. H. (2016). Pig production and risk exposure: A case study in Hung Yen, Vietnam. CTU Journal of Innovation and Sustainable Development , (04), 95-99. https://doi.org/10.22144/ctu.jen.2016.048
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No. 04 (2016)

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Abstract

Abstract: The effects of direct and indirect input factors on pig productivity and its production risk in Hung Yen, Vietnam, were investigated. In using a moment-based approach, a Cobb-Douglas production function was applied to capturing mean, variance, and skewness effects. The results of this study showed that the expenditure for feed and time length of production reduced both the variation in productivity and downside risk, whereas an expanding production scale increased both the variation in productivity and downside risk. 
Keywords: Cobb-Douglas, Hung Yen, Pig production, Production risk

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