Revisiting the profitability and technical efficiency of cocoa production amidst economic diversification program of the Nigerian Government: A case study of Ondo State

Fawole W. O., ÖZKAN B.

JOURNAL OF AGRIBUSINESS IN DEVELOPING AND EMERGING ECONOMIES, vol.8, no.1, pp.186-200, 2018 (ESCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 8 Issue: 1
  • Publication Date: 2018
  • Doi Number: 10.1108/jadee-04-2016-0020
  • Journal Name: JOURNAL OF AGRIBUSINESS IN DEVELOPING AND EMERGING ECONOMIES
  • Journal Indexes: Emerging Sources Citation Index (ESCI), Scopus
  • Page Numbers: pp.186-200
  • Keywords: Profitability, Technical efficiency, Economic diversification, Efficiency ratio, Gross margin, Ondo, FARMS
  • Akdeniz University Affiliated: Yes

Abstract

Purpose The purpose of this paper is to assess how profitable and technically efficient is cocoa enterprise in Ondo State of Nigeria especially amidst the ongoing diversification program of the current administration in Nigeria.