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Citation Information

Type Journal Article - Asian Journal of Agriculture and Rural Development
Title Stochastic Profit Efficiency of Homestead based Cassava Farmers in Southern Nigeria
Volume 2
Issue 03
Publication (Day/Month/Year) 2012
Page numbers 498-505
URL http://www.aessweb.com/pdf-files/20-127-AJARD-498-505.pdf
The study used Cobb-Douglas stochastic profit function to
estimate farm-level profit function, economic efficiency and it
determinants among homestead based cassava farmers in the
south-south region of Nigeria. Two-stage random sampling
method was used to select 300 homestead based cassava
farmers in the study area. Maximum likelihood estimates of the
specified models reveal an average economic efficiency of
61.22%. The study also found that farmer’s education,
experience, household size, level of farming involvement,
extension agent visit, soil management method adopted by
farmers and farm size are significant factors affecting farmlevel
economic or profit efficiency in resource use among
homestead based cassava farmers. Farm-level policies aimed at
promoting farmer’s education, extension services and family
planning among farmers as well as reduction in production
constraints was recommended.

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