Type | Journal Article - International Journal of Agriculture and Rural Development |
Title | Effect of socio-economic variables on the profit levels of homestead catfish farmers in Edo State, Nigeria |
Author(s) | |
Volume | 15 |
Issue | 3 |
Publication (Day/Month/Year) | 2012 |
Page numbers | 1292-1297 |
URL | http://ijard.com/journalarticles/pdf 15(3)2012/Socio-economic 1 ijard.pdf |
Abstract | This study was carried out to investigate the effect of socio-economic variables on the profit levels of homestead catfish farmers in Edo State, Nigeria. Multistage random sampling technique was used to select agricultural blocks, circles and catfish farmers. Data were collected using a structured questionnaire administered to sixty catfish farmers. A multiple regression analysis (double-log function) result showed that variable input, farming experience, amount invested, fish pond size, and number of fish ponds had positive effect on the profit levels of homestead catfish farmers. The combined effects of explanatory socio-economic variables (fixed inputs, variables inputs, household size, level of education, fish farming experience, amount invested, fish pond size, number of fish ponds and labour) explained 77.9% of the total variation in the profit levels of homestead catfish farmers, which were statistically significant at 1.0% probability level. Unimproved fingerlings and irregular supply of feeds and fingerlings were the major problems encountered by the farmers. Subsidies on variable inputs, low interest rates on intending catfish farmers and distribution of hybrid fingerlings were recommended to boost production. |
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