Economic Efficiency Of Fadama Telfairia Production In Imo State Nigeria: A Translog Profit Function Approach
The study delved into economic efficiency analysis of Fadama Telfairia farmers in Imo State, Nigeria. Specifically, it identified the production systems; estimated the economic efficiency and their determinants. A multistage random sampling technique was adopted in the selection of 40 Fadama Telfairia farmers from each of the three agricultural zones of the State. A well-structured questionnaire was used to obtain information on socio - economic characteristics and other relevant variables. Descriptive statistics, which subsume frequencies, means and percentages, were used in the analysis of data on socio – economic characteristics cum production systems. Economic efficiency was analyzed using Translog stochastic profit function. The Maximum Likelihood Estimation Technique was employed in estimating the function while t-test statistic was employed in testing their determinants. With respect to production systems, majority (63.33%) of Fadama Telfairia farmers practised mixed vegetable production while 36.67% adopted sole Fadama Telfairia cropping system. The profit level was influenced by fertilizer price, wage rate and farm size while efficiency was found to be influenced by age, farming experience, membership of cooperative societies, farm and household sizes. The mean economic efficiency was 0.57 and as such, the average Fadama Telfairia would require a cost saving of 42% in order to attain the profit status of the most economically efficient farmer in the sample. Given the fact that ample opportunity exists for improvement in their efficiency, introduction of birth control policies and reviews of Land Use Act of 1990 are among policy options suggested by the study.
|Date of creation:||2007|
|Date of revision:|
|Publication status:||Published in Journal of Agricultural Research and Policies, Nigeria 2.4(2007): pp. 87-93|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ali, Farman & Bailey, David & Parikh, Ashok, 1993. "Price Distortions and Resource Use Efficiency in a Pakistani Province," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 20(1), pages 35-47.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:13469. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.