FARMERS ENTREPRENEURIAL COMPETENCIES AND TECHNICAL EFFICIENCY OF RICE FARMS

Research background: Rice (Oriza sativa) is a staple food in most homes in Nigeria, its demand has not been able to cope favourably well with the production. Efforts to develop and improve the production of the crop in the country were seriously curtailed due to inefficiency in the use of available...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Olubunmi Lawrence BALOGUN, Abigail Gbemisola ADEYONU, Kayode AYANTOYE
Formato:	article
Lenguaje:	EN
Publicado:	Slovak University of Agriculture 2021
Materias:	entrepreneurial competencies farm-level resource management rice farms Agriculture S Agriculture (General) S1-972
Acceso en línea:	https://doaj.org/article/7dd6f12ea02c4820b4eb7c5deefd1b48
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:7dd6f12ea02c4820b4eb7c5deefd1b48
record_format	dspace
spelling	oai:doaj.org-article:7dd6f12ea02c4820b4eb7c5deefd1b482021-11-10T21:23:34ZFARMERS ENTREPRENEURIAL COMPETENCIES AND TECHNICAL EFFICIENCY OF RICE FARMS1336-926110.15414/raae.2021.24.02.12-19https://doaj.org/article/7dd6f12ea02c4820b4eb7c5deefd1b482021-10-01T00:00:00Zhttps://roaae.org/wp-content/uploads/RAAE_2_2021_Balogun_et_al.pdfhttps://doaj.org/toc/1336-9261Research background: Rice (Oriza sativa) is a staple food in most homes in Nigeria, its demand has not been able to cope favourably well with the production. Efforts to develop and improve the production of the crop in the country were seriously curtailed due to inefficiency in the use of available resources. Purpose of the article: The study set to determine the effects of farmers’ entrepreneurial competencies (ECs) on technical efficiency (TE) of rice farms in South-west, Nigeria. Also, the study was trying to profile the socioeconomic characteristics of rice farmers and identifying their ECs in order to describe the determinants of technical efficiency of rice farms. Methods: A multistage sampling technique was employed to select 504 respondents from which information on their socioeconomic characteristics, their ECS’ variables and input-output variables were collected. The information gathered were analysed using descriptive statistics and stochastic frontier production (SFP) function (Cobb-Douglas model). Findings & value added: The results showed that farms were technically inefficient with a mean TE score of 0.6842 with evidence of increasing returns to scale. The results of the Maximum-likelihood Estimation of the SFP model reveals that the quantity of seed planted, farm size and amount of man-day labour used significantly explained the technical efficiency of rice farms. Also, some socioeconomic factors and ECs factors such as organising and commitment were found to be responsible for rice farmers’ inefficiency. The study recommends appropriate entrepreneurial training for rice farmers focussing on resource management and training the extension workers on necessary competency knowledge.Olubunmi Lawrence BALOGUNAbigail Gbemisola ADEYONUKayode AYANTOYESlovak University of Agriculturearticleentrepreneurial competenciesfarm-levelresource managementrice farmsAgricultureSAgriculture (General)S1-972ENReview of Agricultural and Applied Economics, Vol 24, Iss 2, Pp 12-19 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	entrepreneurial competencies farm-level resource management rice farms Agriculture S Agriculture (General) S1-972
spellingShingle	entrepreneurial competencies farm-level resource management rice farms Agriculture S Agriculture (General) S1-972 Olubunmi Lawrence BALOGUN Abigail Gbemisola ADEYONU Kayode AYANTOYE FARMERS ENTREPRENEURIAL COMPETENCIES AND TECHNICAL EFFICIENCY OF RICE FARMS
description	Research background: Rice (Oriza sativa) is a staple food in most homes in Nigeria, its demand has not been able to cope favourably well with the production. Efforts to develop and improve the production of the crop in the country were seriously curtailed due to inefficiency in the use of available resources. Purpose of the article: The study set to determine the effects of farmers’ entrepreneurial competencies (ECs) on technical efficiency (TE) of rice farms in South-west, Nigeria. Also, the study was trying to profile the socioeconomic characteristics of rice farmers and identifying their ECs in order to describe the determinants of technical efficiency of rice farms. Methods: A multistage sampling technique was employed to select 504 respondents from which information on their socioeconomic characteristics, their ECS’ variables and input-output variables were collected. The information gathered were analysed using descriptive statistics and stochastic frontier production (SFP) function (Cobb-Douglas model). Findings & value added: The results showed that farms were technically inefficient with a mean TE score of 0.6842 with evidence of increasing returns to scale. The results of the Maximum-likelihood Estimation of the SFP model reveals that the quantity of seed planted, farm size and amount of man-day labour used significantly explained the technical efficiency of rice farms. Also, some socioeconomic factors and ECs factors such as organising and commitment were found to be responsible for rice farmers’ inefficiency. The study recommends appropriate entrepreneurial training for rice farmers focussing on resource management and training the extension workers on necessary competency knowledge.
format	article
author	Olubunmi Lawrence BALOGUN Abigail Gbemisola ADEYONU Kayode AYANTOYE
author_facet	Olubunmi Lawrence BALOGUN Abigail Gbemisola ADEYONU Kayode AYANTOYE
author_sort	Olubunmi Lawrence BALOGUN
title	FARMERS ENTREPRENEURIAL COMPETENCIES AND TECHNICAL EFFICIENCY OF RICE FARMS
title_short	FARMERS ENTREPRENEURIAL COMPETENCIES AND TECHNICAL EFFICIENCY OF RICE FARMS
title_full	FARMERS ENTREPRENEURIAL COMPETENCIES AND TECHNICAL EFFICIENCY OF RICE FARMS
title_fullStr	FARMERS ENTREPRENEURIAL COMPETENCIES AND TECHNICAL EFFICIENCY OF RICE FARMS
title_full_unstemmed	FARMERS ENTREPRENEURIAL COMPETENCIES AND TECHNICAL EFFICIENCY OF RICE FARMS
title_sort	farmers entrepreneurial competencies and technical efficiency of rice farms
publisher	Slovak University of Agriculture
publishDate	2021
url	https://doaj.org/article/7dd6f12ea02c4820b4eb7c5deefd1b48
work_keys_str_mv	AT olubunmilawrencebalogun farmersentrepreneurialcompetenciesandtechnicalefficiencyofricefarms AT abigailgbemisolaadeyonu farmersentrepreneurialcompetenciesandtechnicalefficiencyofricefarms AT kayodeayantoye farmersentrepreneurialcompetenciesandtechnicalefficiencyofricefarms
_version_	1718439686707347456

FARMERS ENTREPRENEURIAL COMPETENCIES AND TECHNICAL EFFICIENCY OF RICE FARMS

Ejemplares similares