Economic Analysis of Per Acre Carp Fish Farm Production in Khyber Pakhtunkhwa, Pakistan

Abstract

The research conducted on Economic analysis of Carp Fish Farming in the selected Districts of KP. The prime aim of research was to investigate average cost and revenue of a per unit fish farm and to observe the sensitivity of output to the key factors of production. To analyze the Marginal impact of the inputs, Multiple Linear Regression model was used. A sample of 60 fish farms were selected and the operators/owners were interviewed by using the lottery method from four districts i.e.Dera Ismail Khan ,Kohat , Swabi and Mardan.The whole sample is further categorized according to the area occupied by fish farm in small, Medium and Large farms. The study revealed that the sensitivity of output to Farm area was 3.76 on all farms, which was quite more than output sensitivity to Number of Fingerlings  and capital (i.e.0.92 and 1.92), Capital also comprises the charges of fingerlings bought. The study revealed that farm area is an important determinant and can play key role in boosting the fish production. During the whole study it was observed that Per acre one time investment required for carp fish farm is Rs, 1,24,000/-, while average per unit operating cost is Rs.38,000/- whereas the average annual return is Rs.1,10,370/-The study concluded that this enterprise is financially beneficial business which gives per year profit of Rs. 72,370/-)  and plays a crucial role in earning a respectable livelihood , fulfilling the basic needs at low cost and eradicating poverty by job creation in particular and of KP in general.

Keywords: Carp fish, Per Unit Fixed Cost, Operating Cost,, Revenue, Profit, Marginal Analysis etc.