ECONOMIC ANALYSIS OF CASSAVA PRODUCTION IN IHIALA LOCAL GOVERNMENT AREA OF ANAMBRA STATE

ABSTRACT

The study was carried out to asses the economic analysis of cassava production in Ihiala Local Government Area of Anambra State. Data for the study were collected from 80 respondents, randomly selected from the communities in the area. The instrument for data collection was a set of interview schedule and a well structured questionnaire. Analysis of data was done by use of descriptive statistics such as; tables, frequency and multiple regression analysis and gross margin technique. Two hypothesis were tested in the study using Z-test and F-test. The first result shows that, there is a
significant difference between return and cost in cassava production in the study area. Secondly, a highly significant relationship was found existed between farmers’ socio-economic characteristics and their output.      

Result of the regression analysis showed R2 to be 0.942, meaning that 94.2% of the dependent variable (output) was explained by the model. The study also showed that the predominant method of land acquisition is mainly by outright purchases. The study also showed that most of the respondents acquired their initial capital through personal savings. Lack of fund, inadequate labour force are the major problems in the study area. The recommendation for the study also showed that, the Government and cooperative bodies should join hands together to create better atmosphere for cassava farmers.    
 



SOURCE:



THE DEPARTMENT OF AGRICULTURAL ECONOMICS MANAGEMENT AND EXTENSION

FACULTY OF AGRICULTURE AND NATURAL RESOURCE MANAGEMENT



EBONYI STATE UNIVERSITY, ABAKALIKI
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