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Economic Analysis of Plantain Marketing in Akinyele Local Government Area in Oyo State, Nigeria
| Content Provider | Semantic Scholar |
|---|---|
| Author | Adesiyan, I. O. |
| Copyright Year | 2008 |
| Abstract | The study was carried out to evaluate the costs and returns to plantain marketing and to examine the structure of the market in Akinyele Local Government Area of Oyo State Nigeria. Eighty plantain marketers were selected through random sampling of the population and structural questionnaires were used to collect the data. The data were analys ed using descriptive statistics, budgetary, marketing margin analysis, regression analysis and Herfindahl index. The findings revealed t hat most of the marketers were female and were at their active age. About 20% of them have no formal education, 60% completed their secondary school education. The gross margin gained on the sale of a bunch of plantain is N 105.06k, while N 1,275.75k is gained on a daily sale, when an average of fifteen bunches of plantain is being sold. The Herfindahl index is 0.123, this identified plantain market as a perfect competitive market. Analysis of regression result implied that there was significant relationsh ip between some marketing activities (transportation and labour costs) and gross margin. It was therefore, recommended that plantain marketing should be ventured into because it is a profitable enterprise. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.lautechaee-edu.com/journal/ijaerd1/ijaerd%20-%201.3%20edition.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
