RESOURCE EFFICIENCY AND PRODUCTIVITY OF GREEN MICRO, SMALL AND MEDIUM SIZE ENTERPRISES IN RURAL NIGERIA
- Denis Nfor Yuni
- Nkechinyere R Uwajumogu
- Nataniel E.Urama
- Chukwunenye Ferguson Emekaraonye
- ( paper pages. 1 - 27 )
Abstract
Climate change poses a threat to natural resources and increases thevulnerability of rural livelihoods. This has raised an urgent need tofocus on efficient and sustainable utilization of natural resources. Thisstudy examine s the relationship between resource efficiency andproductivity in rural Nigeria. Using General Household Survey data,the study employed Data Envelope Analysis, multiple regressions,propensity score matching model and descriptive analysis to examineresource efficiency in selected agro-firms. The study found that47.63% of the firms were efficient. Furthermore, land-area andcapital were significant determinants of the efficiency of green agro-based firms and efficiency significantly and positively influencedlabour and capital productivity of rural agriculture. The study recom-mends increased sensitization of farmers and agriculturalentrepreneurs to increase their awareness of existing opportunities forincreased resource efficiency and availability of advanced technology,hybrid seeds and innovative ways that are predominant in theagricultural sector, in order to improve efficiency.
Citation
Denis Nfor Yuni, Nkechinyere R Uwajumogu, Nataniel E.Urama , Chukwunenye Ferguson Emekaraonye.
2019.
"RESOURCE EFFICIENCY AND PRODUCTIVITY OF GREEN MICRO, SMALL AND MEDIUM SIZE ENTERPRISES IN RURAL NIGERIA"
The Nigerian Journal of Economic and Social Studies,
61 (2): 1 - 27.
JEL Classification
D2, Q5, Q1, L2