APPLICATION OF THE STOCHASTIC PROFIT FRONTIER MODEL TO ESTIMATE ECONOMIC EFFICIENCY IN SMALL-SCALE BROILER PRODUCTION IN THE GREATER ACCRA REGION OF GHANA

Raymond K. Dziwornu and Daniel B. Sarpong

Review of Agricultural and Applied Economics (RAAE), 2014, vol. 17, issue 2, 7

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.

Keywords: Livestock Production/Industries; Production Economics; Productivity Analysis (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://ageconsearch.umn.edu/record/196637/files/R ... Dziwornu_Sarpong.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:roaaec:196637

DOI: 10.22004/ag.econ.196637

Access Statistics for this article

More articles in Review of Agricultural and Applied Economics (RAAE) from Faculty of Economics and Management, Slovak Agricultural University in Nitra Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().