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