Analysis of the determinants of investment among the Pro-Vitamin-A cassava farming household in southeast Nigeria

Abstract

This study analyzed the determinants of investment among Pro-Vitamin A cassava farming households in South East, Nigeria. Multi-stage sampling procedure which involves purposive and random sampling techniques was employed to select a sample size of 348 respondents used for the study. Data were collected with the aid of a structured questionnaire and analyzed using ordinary least square regression analysis. The study found that farming experience (0.0577) and farm income (0.8924) are statistically significant and have positive effect on the amount invested in farming. While the coefficient of price of farming input (-0.0249) has significant negative effect on Pro-Vitamin A cassava investment. The adjusted R-squared value of 0.8775 indicates that approximately 87.75% of the variation in the amount invested in farming can be explained by the explanatory variables. The model's overall significance was assessed using the F-ratio, which yielded a significant value of 71.44 at the 1% level. To support farmers, the government should ensure that essential farm inputs like improved cassava cutting, fertilizers, tractors, and agro-chemicals are easily accessible and offered at heavily subsidized rates.