Abstract
This study analysed the economic efficiency of Nigerian small scale farmers using the parametric frontier approach. Farm level data were collected from randomly sampled 393 small scale farmers in Benue S tate, Nigeria. The average level of technical, allocative and economic ef ficiency was estimated at 30%, 12% and 36% respectively. The study showed that technical inefficiency was higher than allocative inef ficiency. Also, the low economic efficiency level can largely be explained by the low level of technical ef ficiency relative to allocative ef ficiency. High level of technical inefficiency was highly attributable to the low availability of extension services and information about technical aspects of crop technologies. On the other hand, high level of cost inef ficiency was highly attributable to the low profitability that results from inadequate organization of farmers into collective farmers' institutions that can provide opportunities for risk sharing and improved bargaining power.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
