Economic viability of onion production in the commune of grand-Popo, Republic of Benin
Olubunmi Abayomi Omotesho,
Clemencio Parfait Douvi and
Ivie Loretta Olaghere
Journal of Agribusiness and Rural Development, 2020, vol. 57, issue 3
Abstract:
This study estimated the profitability and the level of technical efficiency of onion farms. It also identified factors that contribute to technical efficiency in onion production. Data were collected from 180 randomly selected onion farms using a pretested interview schedule. The farm budgetary technique and the stochastic production frontier were modelled for data analysis. The profitability indices revealed a value of 0.771 and 0.280 for operating ratio and return on capital invested, respectively. The mean technical efficiency score for the farms was 88.35%. Quantities of water and onion seedlings, farm size, household size, and farming experience significantly affected the technical efficiency of the farms. The study concluded that onion production was profitable in the studied area. The government should look into the possibility of providing an alternative source of irrigation for the farmers to conserve water and lower the cost of irrigation.
Keywords: Crop Production/Industries; Production Economics (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pojard:356102
DOI: 10.22004/ag.econ.356102
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