Allocative Efficiency of Small-Holder Cocoyam Farmers in Anambra State, Nigeria
This study employed a stochastic frontier translog cost and production functions to measure the level of allocative efficiency and it’s determinants in small-holder cocoyam production in Anambra state, Nigeria. A multi-stage random sampling technique was used to select 120 cocoyam farmers in the state in 2005 from whom input-output data and their prices were obtained using the cost-route approach. The parameters of the stochastic frontier cost function were estimated using the maximum likelihood method. The result of the analysis shows that individual farm level allocative efficiency was about 65%. The study found age and education to be negatively and significantly related to allocative efficiency at 1.0%. Farm size coefficient also had a negative relationship with allocative efficiency and was significant at 5.0%. Fertilizer use and credit access was significant and directly related to allocative efficiency at 5.0% as well as farm experience at 10.0% level of probability. No significant relationship was found between allocative efficiency and extension visit, family size and membership of cooperative societies.
|Date of creation:||20 Oct 2006|
|Date of revision:|
|Publication status:||Published in Agricultural Journal 38.4(2007): pp. 70-81|
|Contact details of provider:|| Postal: |
Web page: http://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.:
- Afriat, Sidney N, 1972. "Efficiency Estimation of Production Function," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 13(3), pages 568-98, October.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:17362. 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: (Ekkehart Schlicht)
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.