Allocative Efficiency of Resources in the Production of Maize among Small Scale Farmers in Odogbolu Local Government Area of Ogun State, Nigeria

R. K. Ige

International Journal of Management Sciences, 2014, vol. 4, issue 9, 383-387

Abstract: This study was set to determine the Allocative efficiency of resources used in the production of maize as well as the factors that influence its output in Odogbolu Local Government Area of Ogun State. Evidence from the regression analysis indicated that farm size, quantity of maize seeds, quantity of fertilizer used, capital outlay, hired and family labour inputs significantly influence maize output in the area. The comparison of MVPs against MFCs of the resources showed that they were under-utilized and therefore not efficiently allocated in the production of maize in the area. In view of this, it was suggested as recommendation that farmers should cultivate the habit of using improved varieties of maize seeds and proper application of the available fertilizer to improve yield thus, sustaining small – scale (traditional) agriculture in playing its vital role in food security in Nigeria.

Keywords: Allocative efficiency; regression analysis; food security; small scale agriculture (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://rassweb.org/admin/pages/ResearchPapers/Paper%202_1497372084.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:rss:jnljms:v4i9p2

Access Statistics for this article

More articles in International Journal of Management Sciences from Research Academy of Social Sciences
Bibliographic data for series maintained by Danish Khalil ().