Estimativa da função de produção para o setor cafeicultor da Nicarágua

Abstract

This study aimed to analyze and estimate the production function for the coffee growing sector in Nicaragua with primary data from 2019 with farms associated with the company Olam Nicaragua. The theoretical model used was the Production Theory, which consists of the analysis of the combination of various factors products and technology to obtain a certain production volume. Capital, Fixed Work, Temporary Work, Fungicides, Fertilizer, Herbicide and foliar variables were used. This study was carried out in 60 farms located in the states of Matagalpa, Jinotega, Nueva Segovia and Boaco. As an empirical model, the Ordinary Least Square Method (OEM) and the fixed effects were used: A Cobb-Douglas type production function. The results obtained indicate that capital (investment and financing) is the variable of greatest statistical significance to explain the behavior of the value of production, followed by temporary work. The results obtained indicated that capital and temporary work are statistically significant and, therefore, these are the most important factors in coffee production. However, no significant correlation was found with the technological variables. Fixed effects defined by region and age of farms were also applied in the estimation of production functions.