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Impact of liberalization on the efficiency of an agribusiness homestead fish production system in Southeastern Nigeria

Author:

J. A. Mbanasor

Michael Okpara University of Agriculture, Umudike, Abia State, NG
About J. A.
Department of Agribusiness and Management
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Abstract

The purpose of this study was to determine the impact of liberalization on the efficien-cies of agribusiness homestead fish production system using production function esti-mates for two periods 1980 – 1986 (Non-liberalization era) and 1997 – 2003 (Liberalization era). It was identified that liberalization has an impact on both techni-cal and allocative efficiencies of the farmers. The farmers were technically more effi-cient during liberalization period than during liberalization. The result indicated that for absolute allocative efficiencies to be actualized during liberalization, the agribusi-ness homestead fish farmers need to reduce their use of farmland and labour by 1354% and 84% respectively. While at the same time increase their use of modern in-puts, local inputs, and other operating expenses by 137% and 132% respectively.
How to Cite: Mbanasor, J.A., 2009. Impact of liberalization on the efficiency of an agribusiness homestead fish production system in Southeastern Nigeria. Tropical Agricultural Research and Extension, 9, pp.82–90. DOI: http://doi.org/10.4038/tare.v9i0.5408
Published on 30 Dec 2009.
Peer Reviewed

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