Oil palm hectarage response to changing product and input prices in the South-South zone of Nigeria: 1975-1996

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Periodical article

Title:	Oil palm hectarage response to changing product and input prices in the South-South zone of Nigeria: 1975-1996
Authors:	Idiong, I.C. Udom, D.S. Odok, G.N.
Year:	1999
Periodical:	The Nigerian Journal of Economic and Social Studies
Volume:	41
Issue:	2
Pages:	249-257
Language:	English
Geographic term:	Nigeria
Subjects:	prices palm oil
Abstract:	This study analyses the influence of product and input prices on hybrid oil palm hectarage expansion by smallholder farmers in the South-South zone of Nigeria between 1975 and 1996, using Akwa Ibom State as a case study. A single equation multiple regression, involving the use of the ordinary least squares (OLS) estimating technique was used in the analysis. The findings indicate that agricultural policy instruments aimed at engendering increased cultivation of hybrid oil palm by smallholder farmers should also be geared towards reduction in investment costs which must include subsidy on inputs among others. Bibliogr., sum. [Journal abstract]