Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 25 ISSUE 1
Written by Abolupe Oluyemi AYANBOYE, Ahmed Olugbenga BUSARI, Zaccheaus Olaniyi OLUWAFEMI, Adewale Isaac OLUTUMISE
This study used the stochastic frontier production function analysis to assess the technical efficiency of fish producers in Osun State, Nigeria. A series of structured questionnaires was used to gather primary data from 90 fish producers in Nigeria's Osun State. According to the computed stochastic frontier function for the 90 respondents, the average efficiency value was 0.801. From this, it can be inferred that 82.22% of the population of fish farmers had above-average fish production performance, while 17.78% of the farmers performed below-average. The coefficients of years of experience, household type, age, and educational attainment were found to be strongly correlated with the degree of inefficiency. This demonstrated that these elements either increased technical efficiency or decreased technical inefficiency. The distribution of findings also revealed that, while not using all the inputs, fish farmers in Osun State are more efficient in their utilization. In order to fulfil the common knowledge gap among fish farmers, it is advised that seminars and worship be held in order to increase the efficiency of the fish farmers in the study area.
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