Analysis of Supply Function for Millet (Pennisetum glaucum) in Kaduna and Kano States of Nigeria
Olugbenga O. Alabi,
A. F. Lawal and
Y. A. Awoyinka
Asian Journal of Agricultural Extension, Economics & Sociology, 2014, vol. 3, issue 6
Abstract:
This study analyzed supply function for millet in Kaduna and Kano States of Nigeria. Secondary data used for the investigation were sourced from Kano Agricultural and Rural Development Authority; Kaduna Agricultural and Rural Development Authority; National Programme for Food Security (NPFS). Descriptive statistics, Nerlove adaptation hypothesis and grafted polynomials model were used for the analysis of data. The results showed that price of fertilizer lagged one year and cost of production were the significant factors influencing output supply of millet in Kaduna State at 5% and 1% probability levels respectively. The price of millet lagged one year and fertilizer cost lagged one year were the significant factors influencing output supply of millet in Kano State at 1% and 5% probability levels respectively. The grafted polynomials model used for forecasting output supply of millet in tonnes for Kaduna and Kano States showed an increase in output of millet for a forecast period of 2006-2015.It is recommended that more agricultural inputs should be provided for farmers in Kaduna and Kano States by the Government to enable those farmers increase their millet output.
Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaees:357438
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