ABSTRACT
The study examined the economic
analysis of melon production in Imo state of Nigeria. To fulfill the objective,
a well structured questionnaire was administered to melon farmers in one
agricultural zone out of the 3 which was Owerri. Data was collected from 40
melon farmers in the area. In analyzing the data collected, descriptive
analysis was used for socioeconomic characteristics and constraints affecting
melon farmers net farm income analysis was used for the profitability of melon
production and the ordinary least square regression analysis was used for the
production function for melon in the study area. The descriptive statistics
shows that the melon farmers are male who are within the age of 31-40 years who
are married, educated and have large household sizes. The profitability
analysis show that output per ha was 1,086.2 (1.08t). The total value of
production was N52,3 76.00 at N480.00 per Kg. Variable cost of production was
N307,310.00 while total cost was N314,492.45. Labour constituted about 91.62%
of TVC of production and this implies that production is labour intensive. The
result of the ordinary least square regression analyses showed that the
coefficient for farm size and fertilizer use were positively signed and
significant at 10%. The coefficient for capital inputs was also positively
signed and significant at 5%.The result for the constraints shows that the
major problems that the farmer encounter in production are credit (8 7.50%),
cost of inputs (82,50%) and high cost of labour (7500%) The results call for
policies aimed at land reform to make more land available, subsidizing farm
inputs especially fertilizer as well as encourage farmers to produce more melon
since it is profitable.
IROEGBU, O (2021). Economics Analysis Of Melon Production In Imo State. Mouau.afribary.org: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/economics-analysis-of-melon-production-in-imo-state-7-2
OLUCHI, IROEGBU. "Economics Analysis Of Melon Production In Imo State" Mouau.afribary.org. Mouau.afribary.org, 05 Aug. 2021, https://repository.mouau.edu.ng/work/view/economics-analysis-of-melon-production-in-imo-state-7-2. Accessed 24 Nov. 2024.
OLUCHI, IROEGBU. "Economics Analysis Of Melon Production In Imo State". Mouau.afribary.org, Mouau.afribary.org, 05 Aug. 2021. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/economics-analysis-of-melon-production-in-imo-state-7-2 >.
OLUCHI, IROEGBU. "Economics Analysis Of Melon Production In Imo State" Mouau.afribary.org (2021). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/economics-analysis-of-melon-production-in-imo-state-7-2