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Competitiveness of Banana Production in the Mampong Municipality of Ashanti Region of Ghana

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  • Nimoh, Fred
  • Yaw, Sarfo
  • Tham-Agyekum, Enoch Kwame

Abstract

Using household-level survey data, this study investigates the relative competitiveness of banana production in the Mampong municipality of Ashanti region of Ghana. Empirical results from discounting and non-discounting technique of project evaluation show that banana production is relatively profitable than other staple crops such as maize and cassava, despite the relatively higher investment required. Production of banana is also constrained by lack of funds and lack of labour in the study area. Policy efforts should be geared toward addressing the problems that discourage farmers from cultivating crops such as banana. Farmers should also be educated and encouraged to cultivate banana as an alternative crop that can maximize their long-term returns.

Suggested Citation

  • Nimoh, Fred & Yaw, Sarfo & Tham-Agyekum, Enoch Kwame, 2014. "Competitiveness of Banana Production in the Mampong Municipality of Ashanti Region of Ghana," Asian Journal of Agricultural Extension, Economics & Sociology, Asian Journal of Agricultural Extension, Economics & Sociology, vol. 4(2).
    • Handle: RePEc:ags:ajaees:357412
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