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Economic Efficiency of Yam Production in Oyo State of Nigeria

Laudia T. Ogunniyi   ORCID icon orcid.org/0000-0002-8130-0560 ; Ladoke Akintola University of Technology Ogbomoso, Department of agricultural economics and extension ,Oyo State, Nigeria
Olajide A. Ajao ; Ladoke Akintola University of Technology Ogbomoso, Department of agricultural economics and extension ,Oyo State, Nigeria

Puni tekst: engleski, pdf (114 KB) str. 217-221 preuzimanja: 316* citiraj
APA 6th Edition
Ogunniyi, L.T. i Ajao, O.A. (2012). Economic Efficiency of Yam Production in Oyo State of Nigeria. Agriculturae Conspectus Scientificus, 77 (4), 217-221. Preuzeto s https://hrcak.srce.hr/97508
MLA 8th Edition
Ogunniyi, Laudia T. i Olajide A. Ajao. "Economic Efficiency of Yam Production in Oyo State of Nigeria." Agriculturae Conspectus Scientificus, vol. 77, br. 4, 2012, str. 217-221. https://hrcak.srce.hr/97508. Citirano 27.11.2021.
Chicago 17th Edition
Ogunniyi, Laudia T. i Olajide A. Ajao. "Economic Efficiency of Yam Production in Oyo State of Nigeria." Agriculturae Conspectus Scientificus 77, br. 4 (2012): 217-221. https://hrcak.srce.hr/97508
Harvard
Ogunniyi, L.T., i Ajao, O.A. (2012). 'Economic Efficiency of Yam Production in Oyo State of Nigeria', Agriculturae Conspectus Scientificus, 77(4), str. 217-221. Preuzeto s: https://hrcak.srce.hr/97508 (Datum pristupa: 27.11.2021.)
Vancouver
Ogunniyi LT, Ajao OA. Economic Efficiency of Yam Production in Oyo State of Nigeria. Agriculturae Conspectus Scientificus [Internet]. 2012 [pristupljeno 27.11.2021.];77(4):217-221. Dostupno na: https://hrcak.srce.hr/97508
IEEE
L.T. Ogunniyi i O.A. Ajao, "Economic Efficiency of Yam Production in Oyo State of Nigeria", Agriculturae Conspectus Scientificus, vol.77, br. 4, str. 217-221, 2012. [Online]. Dostupno na: https://hrcak.srce.hr/97508. [Citirano: 27.11.2021.]

Sažetak
This study estimates economic efficiency of yam growing farmers in Oyo State of Nigeria using stochastic frontier production function. The empirical application used farm level data collected from 120 farms following 2007/2008 growing season. The results indicate that farm size, hired labour, yam set and equipment are the major factors that influence changes in yam output. Farm specific variables, such as farming experience, diversification and extension, were the significant factors influencing inefficiency among yam producers. Predicted economic efficiencies range between 0.0094 and 0.876 with a mean economic efficiency of 0.594. Based on these results, sample yam producers could increase their output by 40.6% through better use of available resources.

Ključne riječi
economic efficiency; yam; stochastic frontier function

Hrčak ID: 97508

URI
https://hrcak.srce.hr/97508

Posjeta: 535 *