Study on Input-Output Relationship in Milk Production in the Dairy Farms of Kerala, India
The study was undertaken in the dairy farms of Kerala to examine the main objective of the study that is the estimation of input –output relationship in the milk production using allocative efficiency theory. The study reveals that cost of green fodder, concentrates cost and veterinary cost had a positive significant relationship and the labour cost had a negative significant relationship with the value of milk production. The dairy farmers should reduce the usage of labour input in their farms to get a better return from the value of milk production. Awareness about the new technological advancements in the farms should be delivered to the farmers.