Allocative Efficiency of Coco-yam Production in South-South Nigeria.

      Аннотация: The study presented in this book examined the allocative efficiency and profitability of cocoyam production in South South Nigeria. To achieve this broad objective, the study specifically identified the socio-economic characteristics of the cocoyam farmers; determined the allocative efficiency levels of Colocasia and Xanthosoma spp. farmers; ascertained the determinants of allocative efficiency of Colocasia and Xanthosoma spp; estimated the cost and returns in Colocasia and Xanthosoma spp.; establish the determinants of net farm income realized by the Colocasia and Xanthosoma spp. farmers; establish the difference in net farm incomes and allocative efficiency of Colocasia and Xanthosoma spp. farmers; estimated the effects of prices of individual resource inputs and output, as well as the socio-economic factors of the respondents on per unit profit; and lastly, identified the constraints to cocoyam production in the area.

Ключевые слова: Allocative Efficiency, Profitability, Coco-yam, south-south, Colocassia, Xanthosoma Spp. Cobb-Douglass Stochastic Frontier, Enterprise Budgeting