Abstract
The agricultural component of the Millennium Challenge Account (MCA) programme in Ghana, consistent with the country’s Food and Agriculture Sector Development Policy (FASDEP) promotes the commercialization of smallholder farmers. This study analyzes the trends in maize and cassava production by farm households in Ghana and; estimates the levels of commercialization of these two crops. It also quantifies the magnitude and direction of factors influencing intensity of commercialization by the farm households using the Tobit regression analysis. Results indicate a higher annual growth rate of cassava production (16%) compared to maize production (6%). The extents of maize and cassava commercialization are 0.53 and 0.72 respectively; whilst total agricultural commercialization with respect to these two crops is 0.66. The study observes, inter alia, that output price, farm size, households with access to extension services, distance to market and market information determine the extent of commercialization. These results have implications for agricultural policy in Ghana.
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.
