Technical Efficiency and Production Risk of Maize Production: Evidence from Ghana

Boahen Atta Oppong, Edward Ebo Onumah and Samuel Asuming-Brempong

Asian Journal of Agricultural Extension, Economics & Sociology, 2016, vol. 11, issue 3

Abstract: This paper analyzed maize production efficiency in Ghana due to differences in efficiency. The stochastic frontier model with flexible risk properties is applied with 232 farms from the Brong-Ahafo Region. Findings of the study were the translog model best fits the mean output function, whilst the input variables: seed, herbicide, land, labour and cost of intermediate inputs influenced maize output at decreasing returns to scale. The study also found seed and labor inputs reduced production risk, whilst land and cost of intermediate inputs increased the risk. The average technical efficiency estimate was 62% and the combined farm specific factors explained the variation in technical efficiency. This study concludes, on the average 38% of potential output is lost due to technical inefficiency and production risk in inputs and the use of the best farm practices produce maize efficiently.Â

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/357264/files/Oppong1132016AJAEES26014.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:ajaees:357264

Access Statistics for this article

More articles in Asian Journal of Agricultural Extension, Economics & Sociology from Asian Journal of Agricultural Extension, Economics & Sociology
Bibliographic data for series maintained by AgEcon Search ().