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Apr 30, 2022Keywords:
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Main Article Content
Determinants of Productivity in the presence of Risk encountered by Arable Crop Farmers in Umuahia South LGA, Abia State, Nigeria
Abstract
The study estimated the determinants of productivity in the presence of risk encountered by arable crop farmers in the study area. A multistage sampling technique was used for this study. Primary data were obtained with a well-structured questionnaire. Results show that the coefficients of education, labour and income were significant at 1% level and had a direct relationship with productivity as well as cost of planting materials, capital and age at 5% level each, and farming experience at 10% level. The coefficients sex and number of risks encountered had an indirect relationship with productivity and significant at 10% and 5% level respectively. Risk attitude largely depends on their socioeconomic characteristics. This implies that a good proportion of the farmers in the study area preferred taking risk by venturing into risky opportunities, followed by risk averse behaviour (42.5%) by adopting mitigating strategies to avert risk in farming. The result revealed that on average, the arable crop farmers realized N101, 200.03 from cassava enterprise, while N64,402.66, N 46,568.31, N 31,245.36, and N 28,401.20 were realized from fluted pumpkin yam, maize, rice and melon respectively, giving a total of N271, 817.56 from the combination of the crop enterprises under study. The results therefore call for policies aimed at provision of affordable education, especially targeted at women farmers to enable them access and process information that will enhance productivity and mitigate risk.
