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dc.contributor.authorOlarinde, L.O.
dc.contributor.authorManyong, Victor M.
dc.contributor.authorAkintola, J.O.
dc.date.accessioned2019-12-04T11:10:37Z
dc.date.available2019-12-04T11:10:37Z
dc.date.issued2011
dc.identifier.citationOlarinde, L.O., Manyong, V.M. & Akintola, J.O. (2010). Economic perspectives of the diversity of risks among crop farmers in the Northern Guinea Savanna of Nigeria. Social Science, 6(4), 262-268.
dc.identifier.issn1818-5800
dc.identifier.urihttps://hdl.handle.net/20.500.12478/2213
dc.description.abstractIn this paper, we examine the diversity of risks that affect farming in the Northern Guinea Savanna of Nigeria. We also investigate the perspectives of these risks in relation to their economic implications on the farming enterprises. We also show that through reorganization of these risks, some derived factors have the ability to present themselves whether as corresponding to existing categorization of the variables or not and also to enable us know which of the factors is more important than the other. Gross margin and factor analytical methods were used in computing the estimated results on a cross sectional sample of 348 farming households. Results show that farmers who were grouped under natural risk incurred the least mean production cost of N11, 115.61, while the highest mean production cost of N15,998.18 was incurred by farmers grouped under production risks. The highest mean revenue of N18,998.16 was recorded by farmers under production risk which translated into a mean gross margin of N65, 999.85. Verifying whether some derived factors would correspond to the existing categorization of 14 risk types (from 5 sources) which the farmers faced, results from the factor analysis and the consequent F-tests from ANOVA show no marked or significant differences among the identified factors and the existing risk sources. Consequently, the individual effect or importance of the original 14 risk types that the sampled farmers considered important can be dully represented and effectively regrouped into five sources (factors) as natural, technical, social, ecosocial and biochemical.
dc.language.isoen
dc.subjectFarmers
dc.subjectSmallholders
dc.subjectAgricultural Products
dc.subjectAgricultural Economics
dc.titleEconomic perspectives of the diversity of risks among crop farmers in the Northern Guninea Savanna of Nigeria
dc.typeJournal Article
dc.description.versionPeer Review
cg.contributor.affiliationLadoke Akintola University of Technology
cg.contributor.affiliationInternational Institute of Tropical Agriculture
cg.contributor.affiliationBowen University
cg.coverage.regionAfrica
cg.coverage.regionWest Africa
cg.coverage.countryNigeria
cg.authorship.typesCGIAR and developing country institute
cg.iitasubjectSocioeconomy
cg.journalThe Social Sciences
cg.howpublishedFormally Published
cg.accessibilitystatusLimited Access
local.dspaceid90944
cg.identifier.doihttps://dx.doi.org/10.3923/sscience.2011.262.268


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