Allocative and Technical Efficiencies Among Small Holder Cocoyam Farmers in Cross River State Central Agricultural Zone, Nigeria
Ettah Otu I.* and
Ani Stella O.
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Ettah Otu I.*: Department of Agricultural Economics, Faculty of Agriculture, Forestry and Wildlife Resources Management, University of Calabar, PMB 1115 Calabar, Nigeria
Ani Stella O.: Department of Agricultural Economics, Faculty of Agriculture, University of Nigeria, Nsukka, Nigeria
Journal of Agriculture and Crops, 2018, vol. 4, issue 6, 68-72
Abstract:
The authors investigated the allocative and technical efficiencies of resources used in cocoyam production among small scale farmers in Central Agricultural Zone of Cross River State, Nigeria. The objectives of the study were to: determine the allocative efficiency of resources used in cocoyam production in the area and determine also the technical efficiency of resources used in cocoyam production in the area. Primary data were used to conduct the study. Statistical tools employed were allocative efficiency index (AEI) and stochastic frontier production function (SFPF). Results of the allocative efficiency index showed that farm size (x1), fertilizer (x3) and herbicide (x5) were all found to be grossly underutilized since their allocative efficiency index were greater than one (1) and their marginal value product (MVP) were greater than their marginal factor cost (MFC). However, Labour (x2) alone was over-utilized. The following were recommended cocoyam farmers are advised to improve on their use of farm resources like land, fertilizer, herbicide and seeds as they were found to be under-utilized and labour should be controlled in such a way that it can be used in other farm enterprises.
Keywords: Allocative; Technical; Efficiency; Resources and cocoyam (search for similar items in EconPapers)
Date: 2018
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