Okoye, B.C and Onyenweaku, C.E and Asumugha, G.N (2007): Economic Efficiency of Small-Holder Cocoyam Farmers in Anambra State, Nigeria: A Translog Stochastic Frontier Cost Function Approach. Published in: Agricultural Journal (Medwell Online) , Vol. 2, No. 4 (2007): pp. 535-541.
Download (83kB) | Preview
This study employed a translog stochastic frontier cost function to measure the level of economic 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 results of the analysis show that individual farm level technical efficiency was about 59%. The study found age, education and farm size, to be negatively and highly significantly related to economic efficiency at 1.0% while fertilizer use and farmer experience were significant and directly related to economic efficiency at 1.0% and 5.0% levels of probability respectively. No significant relationship was found between economic efficiency and extension visit, family size, credit access and membership of cooperative societies.
|Item Type:||MPRA Paper|
|Original Title:||Economic Efficiency of Small-Holder Cocoyam Farmers in Anambra State, Nigeria: A Translog Stochastic Frontier Cost Function Approach|
|Keywords:||Translog Stochastic Frontier Cost Function and Economic Efficiency.|
|Subjects:||D - Microeconomics > D6 - Welfare Economics
D - Microeconomics > D6 - Welfare Economics > D61 - Allocative Efficiency ; Cost-Benefit Analysis
|Depositing User:||B.C Okoye|
|Date Deposited:||26. Sep 2009 07:18|
|Last Modified:||12. Feb 2013 20:24|
Adeniji, J.P. (1988) Farm Size and Resource use efficiency in Small – Scale Agricultural Production: The case of Rice Farms in Kwara State of Nigeria. Nigeria Agric. Journal 23(2): 51-62.
Afriat, S.N. (1972) Efficiency Estimation of the Production Function. International Economic Review 13: 568-598.
Aigner, D, Lovell, C.A.K and Schmidt, P. (1977) Formulation and Estimation of Stochastic Frontier Production Function Models. Journal of Econometrics 6:21-37
Aigner, D.J. and Chu, S.F. (1968) Estimating the Industry Production Function. American Economic Review 58:826-839
Ali, M. and Chaudhry, M.A. (1990) Inter-regional Farm Efficiency in Pakistan’s Punjab: A Frontier Production Function Study. Journal of Agricultural Economics 41:62-74.
Amaza, P. S and Olayemi J. K (2000) The Influence of Education and Extension Contact on Food Crop Production in Gombe State; Nigeria Journal of Agribusiness and Rural Devt. Vol. 1, pp 80-90
Bravo-Ureta B.E and Pinheiro A.R (1997). “Technical, Economics, and Allocative Efficiency in Peasant farming. Evidence from the Dominican Republic. “The Development Economics” Vol.35 No.1, PP: 48-07,
Charnes, A., Copper, W.W. and Rhodes, E. (1978) Measuring the Efficiency of Decision Making Units. European Journal of Operational Research. 2: 429-444.
Coelli, L.J., A Guide to Frontier 4.1: A Computer Program For Stochastic Frontier Production and Cost Function Estimation. Department of Econometrics, University of New England, Armidale (1994)
Coelli, T. J., Prasada, R. and Battese, G. (1998) An Introduction of Efficiency and Productivity Analysis. Kluwer Academic Press, Boston.
Effiong, E.O. (2005) Efficiency of Production in Selected Livestock Enterprises in Akwa-Ibom State, Nigeria. Unpublished Ph.D Dissertation. Department of Agricultural Economics, Michael Okpara University of Agriculture, Umudike.
Ezeh, C.I. (2004) A Comparative Study of Fadama and Non- Fadama Crop farmers in Osisioma-Ngwa L.G.A, Abia State, Nigeria. Journal of Sustainable Tropical Agriculture Research 11
Fleming, E.., Fleming, P., Rodgers, H., Griffiten, G. and Johnston, D. (2004) Animal Efficiency in an Intensive Beef Production. Genetic Breeding Unit, University of New England, Armidale, NSW, Australia
Hazarika, C and Subramanian, S.R. (1999) Estimation of Technical Efficiency in the Stochastic Frontier Production Function Model – An Application to the Tea Industry in Assam.
Howeler, R.H., Ezumah, H.C and Midmore, D.J. (1993) Tillage Systems for root and tuber crops in the tropics. In: Soil and Tillage Research. 27: 211 – 240.
Idiong, I.C. (2005) Evaluation of Technical, Allocative and Economic Efficiencies in Rice Production Systems in Cross River State, Nig. An unpublished Ph.D Thesis, Univ. of Ibadan, Nig.
Jondrow, J. C., Lovell, A.K., Materoy, I.S and Schmidt, P. (1982). “On the Estimation of Technical Inefficiency in the Stochastic Frontier Production Function Model”. Journal of Econometrics, 19. 233 - 238
Kirkley, J.E., Squires, D. and Strand, I.E. (1995) Assessing Technical Efficiency in Commercial Fisheries:The Mid-Atlantic Sea Scallop Fishery.American Journal of Agricultural Economics 20: 31-34.
Lau, L. J. and Yotopoulos (1971) A test for Relative Efficiency and Application to Indian Agriculture. American Economic Review, Vol. 61 No. 1, pp 94 – 109.
Mbanaso, E.N.A and Enyinnaya, A.M. (1989) Cocoyam germplasm conservation. NRCRI Annual Report:60.
National Population Commission, (1991). Nigeria’s 1991 Population Census (NPC), Lagos.
Nkematu J.A (2000). Anambra State Agricultural Development Project Extension Services Report for 1999. In Proc. of the 14th Annual Farming Systems Research and Extension workshop in South Eastrern Nigeria, 9-12 Nov.pp100-105.
Nwaru, J. C. (1993) A comparison of the Allocative Efficiency of Co-operative and non Co-operative Farms in Food Crop Production in Imo State Nigeria. An Unpublished M.Sc Thesis, Federal Univ. of Tech. Owerri, Nig.
Okoye, B. C., Okorji, E. C and Asumugha, G. N (2004) Outlook on Production Economics of Paddy Rice under Resource constraints in Ebonyi State. Proc. of the 38th annual conference of the Agric. Soc. Of Nig. (ASN), 17- 21 Oct. 2004, Lafia Nasarawa State. Pp 337-342
Onyenweaku, C. E. and Ezeh, N. O. A (1987) Trends in Production, Area and Productivity of Cocoyams in Nigeria 1960/61 – 1981/84: In Cocoyams in Nigeria, Production, Processing and Utilization, NRCRI Umudike. P p 94 - 100
Parkinson, S. (1984) The contribution of aroids in the nutrition of people in the south pacific. In: Chandra, S., ed., Edible aroids. Clarendon Press, Oxford, UK: 215-224.
Schippers, R.R. (2000) African Indigenous Vegetables. An Overview of the Cultivated Species. Chathan UK: Natural Resources Institute/ACP-EU Technical Centre for Agricultural and Rural Cooperation (2000)
Shah, M (1995). Measurement of conomic Efficiency in Pakistani Agriculture. American Journal of Agricultural Economics, August, 1995.
Splitstoesser, N.E., Martin, F.W and Rhodes, A.M. (1973) The nutritional value of some tropical root crops. Proc. of the Tropical Region of the American Society for Horticultural science. 17:290-294.
Udealor, A., Nwadukwe, P.O and Okwuanya, J.A (1996) Management of crop Production: crops and Cropping Systems. In: Diagnostic Survey of farming systems of Onitsha zone of Anambra State ADP. Odurukwe S.O. and Udealor. editors NRCRI Umudike: 33-52.
Yotopoulous, P.A and Lau, L.J. (1973) Test of relative economic efficiency: some further results. American Journal of Economics Review 63 (1): 214-225.