Resource Efficiency and Profitability in Yam Production amongst Small Scale Yam Farmers in IMO State, Nigeria


Authors : IROEGBU I. OKIDIM I.A; NEKABARI B.D; AGBAGWA C.

Volume/Issue : Volume 7 - 2022, Issue 5 - May

Google Scholar : https://bit.ly/3IIfn9N

Scribd : https://bit.ly/3yYrQ6i

DOI : https://doi.org/10.5281/zenodo.6893287

Abstract : The study was carried out to examine the resource use efficiency and profitability of small scale yam farmers in Imo State Nigeria. The objectives includes, identifying the socio-economic characteristics of the yam farmers and examine the level or range of technical allocative and economic efficiency of yam farmers as well as identify constraints militating against yam production in Imo State. Secondary and primary data were collected from 150 respondents, through a well-structured questionnaire, journals, CBN bulletins and reports etc. Data analysis was done using descriptive and inferential statistics tools. Stochastic frontier production function analysis and other marginal analysis were carried out. Results revealed a wide range of technical efficiency with mean efficiency of 82.2%. About 70% of the respondents were male 53% had at least secondary education, which may have influenced their relatively high technical efficiency. Allocative elasticity

The study was carried out to examine the resource use efficiency and profitability of small scale yam farmers in Imo State Nigeria. The objectives includes, identifying the socio-economic characteristics of the yam farmers and examine the level or range of technical allocative and economic efficiency of yam farmers as well as identify constraints militating against yam production in Imo State. Secondary and primary data were collected from 150 respondents, through a well-structured questionnaire, journals, CBN bulletins and reports etc. Data analysis was done using descriptive and inferential statistics tools. Stochastic frontier production function analysis and other marginal analysis were carried out. Results revealed a wide range of technical efficiency with mean efficiency of 82.2%. About 70% of the respondents were male 53% had at least secondary education, which may have influenced their relatively high technical efficiency. Allocative elasticity

Never miss an update from Papermashup

Get notified about the latest tutorials and downloads.

Subscribe by Email

Get alerts directly into your inbox after each post and stay updated.
Subscribe
OR

Subscribe by RSS

Add our RSS to your feedreader to get regular updates from us.
Subscribe