Subscribe Now Subscribe Today
Science Alert
 
Blue
   
Curve Top
Trends in Agricultural Economics
  Year: 2012 | Volume: 5 | Issue: 3 | Page No.: 70-82
DOI: 10.3923/tae.2012.70.82
 
Facebook Twitter Digg Reddit Linkedin StumbleUpon E-mail

A Comparative Analysis of Economic Efficiency Between Traditional and Improved Rice Varieties Farmers in Oriade Local Government Area of Osun State

L.T. Ogunniyi, A.A. Adepoju and M.O. Ganiyu

Abstract:
There is a well established and growing demand for rice in Nigeria as a major staple. Only about half of that demand is met by domestic production, the availability and prices of rice directly impact on the welfare of the poorest Nigerian consumers due to the fact that consumption runs ahead of local production. The study examines and compares the technical, allocative and economic efficiency between improved and traditional rice farmers in Oriade local government area of Osun state. Primary data were collected from 60 traditional and 60 improved rice farmers. Data obtained was analyzed using Cobb-Douglas production and cost function. The result revealed that farm size and agrochemical were significant factors which influence both rice technologies in the area. The return to scale (RTS) reveals that both improved and traditional rice production were in stage II of production surface. The result of the cost frontier shows that labour, agrochemical and output were significant for both for both rice technologies while fertilizer and seed were significant for improved and traditional rice production, respectively. The mean technical efficiency for improved rice production is 0.84 and 0.329 for traditional rice production while allocative and economic efficiencies mean values for both improved and traditional rice are 0.931, 0.773, 0.861 and 0.278, respectively. Conclusively, there is existence of inefficiency in cost for both the traditional and improved rice technologies.
PDF Fulltext XML References Citation Report Citation
 RELATED ARTICLES:
  •    Comparative Analysis of the Technical Efficiency of Different Production Systems for Rice Farming in Eastern Thailand
  •    Comparative Performance of Lowland Hybrids and Inbred Rice Varieties in Nigeria
  •    Nitrogen Use Efficiency of Rice (Oryza sativa) in Systems of Cultivation with Varied N Levels Under 15N Tracer Technique
  •    Comparing the Technical Efficiency of Rice Farms in Urban and Rural Areas: A Case Study from Nepal
How to cite this article:

L.T. Ogunniyi, A.A. Adepoju and M.O. Ganiyu, 2012. A Comparative Analysis of Economic Efficiency Between Traditional and Improved Rice Varieties Farmers in Oriade Local Government Area of Osun State. Trends in Agricultural Economics, 5: 70-82.

DOI: 10.3923/tae.2012.70.82

URL: https://scialert.net/abstract/?doi=tae.2012.70.82

COMMENTS
09 June, 2019
ezugwu ikechukwu:
the research work is wonderful, all thanks to the writter
COMMENT ON THIS PAPER
 
 
 

 

 
 
 
 
 
 
 
 
 

 
 
 
 
 

Curve Bottom