Technical and Economic Efficiencies in Poultry Production in Imo State, Nigeria

Abstract

This study was carried out to estimate the technical and economic efficiencies of poultry farmers in Imo State, Nigeria. The data was collected with semi-structured questionnaire from 140 randomly selected poultry farmers. A stochastic frontier production function was estimated by using the maximum likelihood estimation technique to obtain the technical and economic efficiencies of poultry farmers. The mean technical efficiency of poultry farmers was 75 percent, while their mean economic efficiency was 21 percent. The generalized likelihood test indicated that, the poultry farmers are not fully technically and economically efficient in resource use. There is 79% allowance to increase economic efficiency of poultry farmers by improvement in technical efficiency