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Aye, Goodness C.; Mungatana, Eric D.. |
The current food crisis all over the globe has necessitated alternative policy actions by various stakeholders in almost all countries of the world. Consequently, efforts are focused on increased investment in agricultural research and development. The study evaluates impact of technological innovations on estimates of technical, allocative and cost efficiency from a parametric stochastic and non-parametric distance functions. Inefficiency effects are modelled in a second stage endogeniety-corrected Tobit regression model as a function of technological innovation and other policy variables. The results from both approaches show there is substantial technical, allocative and cost inefficiency in maize production and that analysis of technical, allocative... |
Tipo: Journal Article |
Palavras-chave: Technology; Efficiency; Maize; Parametric; Non-parametric; Distance function; Nigeria; Crop Production/Industries. |
Ano: 2010 |
URL: http://purl.umn.edu/95965 |
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Aye, Goodness C.; Mungatana, Eric D.. |
The study evaluates the technical, allocative and cost efficiencies of maize farmers and analyses the impact of technological innovations on these efficiency measures. The investigation of farm efficiency is of vital importance from both microeconomic and macroeconomic points of view. It indicates the potentials there is to improve productivity, household welfare, overall economic growth and poverty reduction by improving efficiency. It also assists policy makers in better targeting and priority setting. Policy conclusions may vary with the approach used for analysis. A number of efficiency studies in Nigeria employed the stochastic production or cost function approach. While the former may suffer from simultaneous equation bias, the later may not be... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Community/Rural/Urban Development. |
Ano: 2010 |
URL: http://purl.umn.edu/58882 |
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