Estimating Farm Level Technical Efficiency and Elasticity of Production among Small Scale Catfish Farmers in Alimosho Local Government Area, Lagos State, Nigeria
Journal Title: International Journal of Trend in Scientific Research and Development - Year 2020, Vol 4, Issue 5
Abstract
This research work broadly estimated the farm level technical efficiency and elasticity of production among small scale catfish farmers in Alimosho Local Government Areas of Lagos State, Nigeria. The study in its specific objectives described the socio economic characteristics of the catfish farmers in the study area and analyzed the technical inefficiency of the catfish farmers in the study area. The study employed the use of cross sectional data from household survey conducted on a sample of 80 catfish farmers in the study areas. The data were collected with the aid of structured questionnaire and were later analyzed. The study employed the following analytical tools in order to analyze the data collected from the field Descriptive Statistics as well as Inferential Statistical Model such as Stochastic Frontier Approach.The mean age of the farmers in the study area was 44 years. Majority of the catfish farmers are married. The catfish farmers in the study are well educated. The catfish farmers in the study have large households with an average household size of 7 persons. The mean year of farming experience was 9 years for the catfish farmers. This research revealed that about 70 of the male catfish farmers were married in the study area. Among the catfish farmers, the variables that significantly influence catfish output in the study are included labour quantity employed 1 , fingerling quantity 1 and pond size 1 . The estimated sigma square s2 for the catfish farmers were 0.0209 significant at 1 . The estimated gamma g parameter of catfish farmers revealed that 99 of the variations in the catfish output among the catfish farmers in the study area are due to the differences in their technical efficiencies. The fingerling quantity was the most important variable factor of production among the catfish farmers in the study area. The RTS for the catfish farmers was 1.175 in the study areas. Adeleke, O. A | Akintola, R. O | Fajobi, D. T | Adeleke, H. M "Estimating Farm Level Technical Efficiency and Elasticity of Production among Small Scale Catfish Farmers in Alimosho Local Government Area, Lagos State, Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-5 , August 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33008.pdf Paper Url :https://www.ijtsrd.com/humanities-and-the-arts/economics/33008/estimating-farm-level-technical-efficiency-and-elasticity-of-production-among-small-scale-catfish-farmers-in-alimosho-local-government-area-lagos-state-nigeria/adeleke-o-a
Authors and Affiliations
Adeleke, O. A | Akintola, R. O | Fajobi, D. T | Adeleke, H. M
Keywords
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