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Article Information:
Economic Analysis of Cassava Production in Benue State, Nigeria
I.U. Odoemenem and L.B. Otanwa
Corresponding Author: I.U. Odoemenem
Submitted: 2011 June, 30
Accepted: 2011 August, 08
Published: 2011 September, 25 |
Abstract:
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The study was undertaken to analyze the economics of cassava production in Benue State. Data for
this study were collected from a sample of one hundred and sixteen small-scale cassava farmers randomly
selected. The objectives of the study were to determine and rank the cost elements of cassava production in the
study area; determine the returns to cassava production; and evaluate the profitability of cassava production in
the study area. Socio-economic factors include age, educational background, marital status, sex, sources of
labour, awareness of extension services, method of weed control, and method of farm land acquisition were
identified. Data collected for the study were analyzed using descriptive and inferential statistics. The coefficient
of determination (R2) is 0.616, suggesting that the used model has a high goodness of fit. Furthermore, the
result of the statistical analysis shows that investing in cassava production enterprise is profitable.
Key words: Acquisition, awareness, Cassava, farmers, small-scale, ,
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Cite this Reference:
I.U. Odoemenem and L.B. Otanwa, . Economic Analysis of Cassava Production in Benue State, Nigeria. Current Research Journal of Social Sciences, (5): 406-411.
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ISSN (Online): 2041-3246
ISSN (Print): 2041-3238 |
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