Analysis of the determinants of investment among the Pro-Vitamin-A cassava farming household in southeast Nigeria
1 Department of Agricultural Technology, Akanu Ibiam Federal Polytechnic, Unwana Afikpo, Ebonyi State, Nigeria.
2 Department of Criminal Justice Administration & Emergency Management, Colorado State University, Global Aurora, USA.
3 Department of Agricultural Extension and Management, Ebonyi State University, Abakiliki, Nigeria.
Research Article
GSC Advanced Research and Reviews, 2023, 17(01), 032–037
Article DOI: 10.30574/gscarr.2023.17.1.0380
Publication history:
Received on 25 August 2023; revised on 03 October 2023; accepted on 05 October 2023
Abstract:
This study analyzed the determinants of investment among Pro-Vitamin A cassava farming households in South East, Nigeria. Multi-stage sampling procedure which involves purposive and random sampling techniques was employed to select a sample size of 348 respondents used for the study. Data were collected with the aid of a structured questionnaire and analyzed using ordinary least square regression analysis. The study found that farming experience (0.0577) and farm income (0.8924) are statistically significant and have positive effect on the amount invested in farming. While the coefficient of price of farming input (-0.0249) has significant negative effect on Pro-Vitamin A cassava investment. The adjusted R-squared value of 0.8775 indicates that approximately 87.75% of the variation in the amount invested in farming can be explained by the explanatory variables. The model's overall significance was assessed using the F-ratio, which yielded a significant value of 71.44 at the 1% level. To support farmers, the government should ensure that essential farm inputs like improved cassava cutting, fertilizers, tractors, and agro-chemicals are easily accessible and offered at heavily subsidized rates.
Keywords:
Determinants; Investment; Pro-Vitamin A cassava varieties; Vitamin A deficiency related diseases.
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Copyright © 2023 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0
