Allocative Efficiency of Coco-yam Production in South-South Nigeria

The study presented in this book examined the allocative efficiency and profitability of cocoyam production in South South Nigeria. To achieve this broad objective the study specifically identified the socio-economic characteristics of the cocoyam farmers; determined the allocative efficiency levels of Colocasia and Xanthosoma spp. farmers; ascertained the determinants of allocative efficiency of Colocasia and Xanthosoma spp; estimated the cost and returns in Colocasia and Xanthosoma spp.; establish the determinants of net farm income realized by the Colocasia and Xanthosoma spp. farmers; establish the difference in net farm incomes and allocative efficiency of Colocasia and Xanthosoma spp. farmers; estimated the effects of prices of individual resource inputs and output as well as the socio-economic factors of the respondents on per unit profit; and lastly identified the constraints to cocoyam production in the area.