scholarly journals Economic efficiency of small scale soyabean farmers in Central Agricultural Zone, Nigeria: A Cobb-Douglas stochastic frontier cost function approach

2016 ◽  
Vol 8 (3) ◽  
pp. 52-58 ◽  
Author(s):  
K Biam C ◽  
Okorie A ◽  
U Nwibo S
Keyword(s):  
Cost Function ◽  
Economic Efficiency ◽  
Stochastic Frontier ◽  
Function Approach ◽  
Small Scale ◽  
Stochastic Frontier Cost Function

scholarly journals Economic Efficiency of Sorghum and Millet Production for Small Scale Farmers in Traditional Rainfed, North Kordofan State, Sudan

2018 ◽  
Vol 6 (2) ◽  
pp. 150
Author(s):  
Ibrahim Elnour Ibrahim
Keyword(s):  
Cost Function ◽  
Economic Efficiency ◽  
Stochastic Frontier ◽  
Primary Data ◽  
Small Scale ◽  
Stochastic Frontier Approach ◽  
Effect Factor ◽  
Small Scale Farmers ◽  
Stochastic Frontier Cost Function ◽  
Structured Questionnaire

The purpose of this study was to measure and analyse the economic efficiency, and to identify the main factor behind economic efficiency of sorghum and millet for small scale farmers in traditional rainfed sector in North Kordofan State. Primary data is collected using structured questionnaire for a sample of 205 farmers from four localities namely (Sheikan, Umrwaba, Elnuhoud, and Elkhowi). Stochastic frontier approach (cost function) was used to analyse economic efficiency and descriptive statistics were used to analyse socio-economic characteristics of farmers. The results of stochastic frontier cost function revealed that the estimated economic efficiency of the sorghum and millet farmers obtained was found the mean economic efficiency to be 39% and 15%, respectively. The economic efficiency is very weak, because most parameters and inefficiency effect factor found to be not significant, these determinants may give a clear picture of farmers that could be targeted in order to increase efficiency

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