Babcock University Research Portal

Resource use efficiency and productivity of Cocoa Farmers in Idanre LGA of Ondo State, Nigeri

Authors: BALOGUN Olubunmi

Publication Type: Journal article

Journal: American Journal Of Social And Management Sciences

ISSN Number:

Downloads

Views

Abstract

Resource allocation and productivity is an important aspect of increased agriculture production. This study therefore attempts to determine resource-use efficiency of small scale cocoa farmers in Idanre Local Government Area of Ondo state. Data were collected from 140 randomly selected cocoa farmers’ using multistage sampling technique. The data were analyzed using descriptive and regression techniques. The result of the regression showed that exponential production function gives the lead equation among the functional forms. The coefficient of farm size or land input was positive and significant, indicating that cultivation of larger hectarage of land leads to increase in cocoa output whereas the coefficient for labour input was negative and significant, implying that increases in the use of labour input leads to decreases in cocoa output. The sum of the elasticity of production of the resources indicates an increasing return to scale in the area of study (0.96). This result further implies that an increase of 10% in any of the factor inputs would lead to an increase of 9.6% in cocoa output. There was disequilibrium in resource use, as the number of family members engaged in farming, land area cultivated on cocoa, cost of durable inputs, cost of non-durable inputs, amount of money spent on labour were used efficiently as against hired labour that was inefficiently used. In the nutshell, cocoa production is yet to attain an optimum level of combination of resources. Refocusing policies to enhance emphasis on efficient use of resources is recommended

Access to Documents

External Link
Download
Digital Object Identifier

Keywords

BALOGUN,O. . (2012). Resource use efficiency and productivity of Cocoa Farmers in Idanre LGA of Ondo State, Nigeri, 3 (), 60-60.

BALOGUN,O. . "Resource use efficiency and productivity of Cocoa Farmers in Idanre LGA of Ondo State, Nigeri" 3, no (), (2012): 60-60.

BALOGUN,O. and . (2012). Resource use efficiency and productivity of Cocoa Farmers in Idanre LGA of Ondo State, Nigeri, 3 (), pp60-60.

BALOGUNO, . Resource use efficiency and productivity of Cocoa Farmers in Idanre LGA of Ondo State, Nigeri. 2012, 3 ():60-60.

BALOGUN,Olubunmi , . "Resource use efficiency and productivity of Cocoa Farmers in Idanre LGA of Ondo State, Nigeri", 3 . (2012) : 60-60.

B.Olubunmi , "Resource use efficiency and productivity of Cocoa Farmers in Idanre LGA of Ondo State, Nigeri" vol.3, no., pp. 60-60, 2012.

Access to Documents

Keywords

About Us

Admissions

Contact Us

Policies

ALUMNI

STUDENT POPULATION