Application of stochastic frontier function in measuring profit efficiency of small-scale maize farmers in Niger State , Nigeria

@inproceedings{Sadiq2015ApplicationOS,
  title={Application of stochastic frontier function in measuring profit efficiency of small-scale maize farmers in Niger State , Nigeria},
  author={Sadiq and Mohammed Sanusi},
  year={2015}
}
  • Sadiq, Mohammed Sanusi
  • Published 2015
The study employed Cobb-Douglas stochastic profit frontier function to measure profit efficiency among maize farmers’ in Niger State, Nigeria. A multistage sampling technique was used to select 120 respondents. The results showed that profit efficiencies of the farmers varied widely between 12% and 95% with a mean of 71%. The mean level of efficiency indicates that there exists room to increase profit by improving the technical and allocative efficiency. Least profit efficient farmer needs an… CONTINUE READING

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