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Profit efficiency ofEgusimelon (Colocynthis citrullusvar.lanatus) production in Bida local government area of Niger State, Nigeria

Authors :
Sadiq Mohammed Sanusi
Source :
Indian Journal of Economics and Development. 11:543
Publication Year :
2015
Publisher :
The Society of Economics and Development, 2015.

Abstract

The study applied a stochastic frontier profit function to measure profit efficiency of Egusi melon farmers’ in Bida LGA of Niger State, Nigeria, there by examining the opportunities available to the farmers in the LGA. A multistage sampling technique was used to select a total of 125 Egusi melon farmers’ from Bida LGA. The average profit efficiency of 87 percent indicates that an estimated 13 percent of the profit was lost owing to a mixture of both technical and allocative inefficiencies in Egusi melon production. In other words, profit efficiency among the sample farmers can be increased by 13 percent through improved use of existing production resources, given the current state of technology. From the inefficiency model, it was found that education, farm experience, access to credit, membership of cooperative, soil management techniques and extension contact were positively significant factors influencing profit efficiency. Consequently, investments in farmers’ education through effective extension delivery programmes and provision of credit will help farmers’ to increase their profit efficiency.

Details

ISSN :
23220430 and 22775412
Volume :
11
Database :
OpenAIRE
Journal :
Indian Journal of Economics and Development
Accession number :
edsair.doi...........ba95ce6b3ef8111e948a85908fad7f81
Full Text :
https://doi.org/10.5958/2322-0430.2015.00062.1