Analysis of Technical and Allocative Efficiency among Small Scale Maize Producers in Arsi Negele Woreda, West Arsi Zone of Oromia, Ethiopia
Journal Title: Journal of Economics, Finance and Management Studies - Year 2021, Vol 4, Issue 07
Abstract
This research study is carried out to examine Technical and allocative efficiency among Maize growers in Aesi Negele Woreda, West Arsi Zone of Oromia, Ethiopia. The study is based on primary and secondary data, collected through a well designed questionnaire from a sample of 98 small holder Maize producers. The data were analyzed with the use of stochastic frontier Cobb. Douglas production function to estimate the efficiency level and identify important factors affecting the efficiency. Moreover, the allocative efficiency was estimated using APP, MPP and MVP. The maximum likelihood estimates for the model indicate that land, seed quantity and labor have positive significant effects on maize yield. However, the amount of fertilizer applied had a negative relation with maize output. Allocative efficiency analysis reveals that land, labour and seed are underutilized, while fertilizer over utilized for maize production in the study area. Finally, the study recommends training for maize growers and provision of advanced new technological options has a vital role in boosting production and productivity efficiently.
Authors and Affiliations
Muluken Philipos, Guta Bukero, Tamirat Girma
Keywords
Related Articles
- EP ID EP705370
- DOI 10.47191/jefms/v4-i7-14
- Views 87
- Downloads 0
The Role of Competitive Advantage on Marketing Performance as mediator variable of Social Capital in SMEs
This study aims to analyze the role of competitive advantage in mediating social capital to increase the marketing performance of SMEs. Many studies have found that SME social capital can increase marketing performance....
Energy Price Fluctuation and Inflation in Nigeria: A Granger Causality Analysis
The Nigerian economy depends to a reasonable extent on the sale of crude oil for its expenditure. The country also depends on importation for a high level of its consumption. Given these events, this paper set out to inv...
Evaluation of Financial Performance Indicators and Their Impact on the Solvency of the Iraqi General Insurance Company for the Period (2016-2020)
Due to the privacy of insurance, there are many financial and economic indicators for companies operating in the insurance industry. Hence the importance of the study through knowing the most important indicators for eva...
The Management Strategy Of Covid-19 Pandemic Files Towards InformationPublic Disclosure In Malang City Government
Disclosure of public information becomes a medium to optimize a public oversight toward the state administration, public agencies, and everything that affects the public interest. Information disclosure is necessary to c...
Symmetric and Asymmetric Effects of Exchange Rate on Indonesia Stock Prices
Understanding the effect of exchange rates on stock prices is essential essential because of how they are tied to various aspects of the economy. This study examines the symmetric and asymmetric effects of exchange rate...