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Pakistan Journal of Social Sciences

ISSN: Online 1993-6052
ISSN: Print 1683-8831
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Resource Use Efficiency in Small Production in Ibadan South West Local Government Area of Oyo State, Nigeria

J.O. Amao , I.O. Adesiyan and B.A. Salako
Page: 271-274 | Received 21 Sep 2022, Published online: 21 Sep 2022

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Abstract

Snail production apart from its importance as an edible meat, has medicinal uses which has been emphasized in literature. Snails are gathered from the forest during the wet season where they live in the wild. Recently, the population of snails in the wild have decreased as a result of human activities such as catching of hatchlings for domestication, deforestation, use of chemicals in their habitat and bush burning. This has led to the weed to domesticate snail to avoid extinction. The foundation stock are collected from the bush, markets, snail farmers and through other sources. Resource use efficiency is an important issue in the economics of snail production as it gives an explanation on the resources that can be used in snail production. The study used multistage sampling technique to determine resource use efficiency in snail production (heliculture). The coefficients of land (X1), labour (X2) and fixed capital (X4) showed an inverse relationship with the output as their respective coefficients were negative. However, their marginal value productivities were N4,580.42 for land, N800 for labour and N1,894 for fixed capital respectively. This ran contrary to their respective acquisition costs.


How to cite this article:

J.O. Amao , I.O. Adesiyan and B.A. Salako . Resource Use Efficiency in Small Production in Ibadan South West Local Government Area of Oyo State, Nigeria.
DOI: https://doi.org/10.36478/pjssci.2007.271.274
URL: https://www.makhillpublications.co/view-article/1683-8831/pjssci.2007.271.274