Profit efficiency among Nigerian poultry egg farmers: A case study of Aiyedoto farm settlement, Nigeria

Type Journal Article - Research journal of Agricultural Biological Sciences
Title Profit efficiency among Nigerian poultry egg farmers: A case study of Aiyedoto farm settlement, Nigeria
Author(s)
Volume 2
Issue 6
Publication (Day/Month/Year) 2006
Page numbers 256-261
URL http://www.aensiweb.net/AENSIWEB/rjabs/rjabs/2006/256-261.pdf
Abstract
Production inefficiency is usually analysed by its two components- technical and allocative
efficiencies. This study provided a direct measure of production efficiency of the Nigerian poultry egg farmers
using a stochastic profit frontier and inefficiency model. The primary data collected, using a structured
questionnaire, includes four conventional inputs and socio-economic factors affecting production. The result
showed that Profit efficiencies of the sampled farmers varied widely between 29.1% and 99.3% with a mean
of 84% suggesting that an estimated 16% of the profit is lost due to a combination of both technical and
allocative inefficiencies in the poultry egg production. The mean profit inefficiency decreased over time. Study
further observed that only level of education positively influenced profit efficiency while on the contrary access
to credit led to a decrease in profit efficiency. This implies that profit inefficiency in poultry egg production
can be reduced significantly with improvement in the level of education of sampled farmers

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