Economic Efficiency of RainFed Upland Rice Production in Nigeria: Economic Efficiency of RainFed Upland Rice Production in Osu,Used

Economic Efficiency of RainFed Upland Rice Production in Nigeria: Economic Efficiency of RainFed Upland Rice Production in Osu,Used

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Brand: LAP Lambert Academic Publishing
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The study estimated profitability,technical, allocative and economic efficiencies;determined resourceuse efficiency and the determinants of technical efficiency in rainfed upland rice production in Osun and Oyo States of Nigeria.Data obtained were analyzed using descriptive statistics,gross margin analysis and the stochastic frontier production function analysis.Results showed that paddy growers in Osun State earned average gross margin/ha of N34,181.38 while their counterparts in Oyo State received N25,448.84 with average profit per grower being N41,132.74 and N44,476.8 respectively.Results of the stochastic frontier production function analysis showed that land was the most productive resource with elasticity of production of 0.961 and 0.314 for Osun and Oyo States respectively. Results of efficiency measurements showed an average of 90.1% in technical efficiency, 92.0% in allocative efficiency and 83.4.0% in economic efficiency for Osun State.On the other hand,Oyo State paddy producers recorded an average of 94.3%in technical efficiency,88.9%in allocative efficiency and 84.0%in economic efficiency.

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