Competitiveness of Banana Production in the Mampong Municipality of Ashanti Region of Ghana

Fred Nimoh, Sarfo Yaw and Enoch Kwame Tham-Agyekum

Asian Journal of Agricultural Extension, Economics & Sociology, 2014, vol. 4, issue 2

Abstract: Using household-level survey data, this study investigates the relative competitiveness of banana production in the Mampong municipality of Ashanti region of Ghana. Empirical results from discounting and non-discounting technique of project evaluation show that banana production is relatively profitable than other staple crops such as maize and cassava, despite the relatively higher investment required. Production of banana is also constrained by lack of funds and lack of labour in the study area. Policy efforts should be geared toward addressing the problems that discourage farmers from cultivating crops such as banana. Farmers should also be educated and encouraged to cultivate banana as an alternative crop that can maximize their long-term returns.

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:357412

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