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Application Of The Stochastic Profit Frontier Model To Estimate Economic Efficiency In Small-Scale Broiler Production In The Greater Accra Region Of Ghana

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  • DZIWORNU, Raymond K.
  • SARPONG, Daniel B.

Abstract

This paper applied the stochastic profit frontier model to estimate economic efficiency of 199 small-scale commercial broiler producers in the Greater Accra Region of Ghana. Farm-level data was obtained from the producers through a multi-stage sampling technique. Results indicate that broiler producers are not fully economically efficient. The mean economic efficiency was 69 percent, implying that opportunity exist for broiler producers to increase their economic efficiency level through better use of available resources. Age of producer, extension contact, market age of broiler and credit access were found to significantly influence economic efficiency in broiler production. Policy measures directed at these factors to enhance economic efficiency of broiler producers are recommendable.

Suggested Citation

  • DZIWORNU, Raymond K. & SARPONG, Daniel B., 2014. "Application Of The Stochastic Profit Frontier Model To Estimate Economic Efficiency In Small-Scale Broiler Production In The Greater Accra Region Of Ghana," Review of Agricultural and Applied Economics (RAAE), Faculty of Economics and Management, Slovak Agricultural University in Nitra, vol. 17(2), pages 1-7, September.
    • Handle: RePEc:ags:roaaec:196637
    DOI: 10.22004/ag.econ.196637
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    References listed on IDEAS

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    Cited by:

    1. Ndubueze-Ogaraku, M.E. & Uche, C. & Nwoziri, C.H., 2018. "Analysis of Broiler Production: Evidence from South East, Nigeria," Nigerian Agricultural Policy Research Journal (NAPReJ), Agricultural Policy Research Network (APRNet), vol. 5(1), September.
    2. Tumelo Francinah Ramukhithi & Khathutshelo Agree Nephawe & Takalani Judas Mpofu & Thomas Raphulu & Karen Munhuweyi & Fhulufhelo Vincent Ramukhithi & Bohani Mtileni, 2023. "An Assessment of Economic Sustainability and Efficiency in Small-Scale Broiler Farms in Limpopo Province: A Review," Sustainability, MDPI, vol. 15(3), pages 1-26, January.
    3. Osei-Mensah, Isaac & Asante, Bright Owusu & Owusu, Victor & Donkor, Emmanuel & Boansi, David, 2021. "Productivity Differences in Small Scale Palm Oil Processors Using Different Processing Technologies in Ghana," 2021 Conference, August 17-31, 2021, Virtual 315850, International Association of Agricultural Economists.

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