文章基本信息

标题：Application of Stochastic Frontier Analysis in the Estimation of Allocative Efficiency of Part-time Food Crop Farmers in Kogi State, Nigeria
其他标题：Application of Stochastic Frontier Analysis in the Estimation of Allocative Efficiency of Part-time Food Crop Farmers in Kogi State, Nigeria
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作者：Michael Y. Amodu ; Umar Mukhtar ; Ali Ocholi 等
期刊名称：European Journal of Business and Management
印刷版ISSN：2222-2839
电子版ISSN：2222-2839
出版年度：2016
卷号：8
期号：30
页码：62-68
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：In this paper, stochastic frontier cost model is used to analyze the allocative efficiency of part-time food crop farmers in Idah Local Government Area of Kogi State, North Central Nigeria and also to establish the socio-economic factors that determine allocative efficiency. It is evident from the study that part-time food crop farmers are not fully efficient in their allocation of production resources. This was confirmed by the presence of allocative inefficiency effects in part-time food crop farming with average allocative efficiency of 97.95 %. The study also revealed that rising age and household size contribute to allocative inefficiency in part-time food crop farming, while level of education and farming experience were found to increase allocative efficiency among the part-time food crop farmers. It is recommended that policies aimed at encouraging relatively younger and educated persons and providing them easy access to improved seeds and fertilizers should be formulated .This will go a long way in enhancing allocative efficiency in part-time food crop farming. Keywords: Part-time farming, stochastic frontier cost model, allocative efficiency
关键词：Part-time farming; stochastic frontier cost model; allocative efficiency