Demographic Differentials of Forest Based Enterprises in South West Nigeria

Abstract

This paper analyses the differential demographic variables that influence the profitability potential of some forest based enterprises in south western Nigeria, using empirical regression models. Best fit criteria techniques were employed to determine the best demographic variables models and their relationships in affecting the performance of the models expressing profitability. There were significant differences among various enterprises on which the demographic parameters were modeled. Wood furniture making activities in Oyo State under linear, semi-log and exponential regression modeling gave very significant models, Mortal making enterprises in Lagos State of Nigeria under the exponential, semi-log and double-log had significant regression relationship with coefficient of determination (R² = 0.78). The similar trend was observed in Canoe making of Ondo State and Mat weaving activities in Osun State under semi-log cum double-log and exponential respectively when determining the regression relationship of the demographic parameters on the forest based enterprises in the State.

Keyword: socio-economic variables, empirical models, forest based, enterprises

Journal of Agriculture and Social Research (JASR) Vol. 11, No. 1, 2011