Uche, Chima, Familusi, Linda ORCID: https://orcid.org/0000-0003-0837-697X and Uwalaka, Fairlamb C. B. (2018) Economics of plantain flour and chips processing in Oyigbo LGA of Rivers State. International Journal of Agriculture and Rural Development (IJARD), 21 (2). pp. 3771-3776.

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Abstract

The research considered the economics of plantain chips and flour processing in Oyibo Local Government Area of Rivers State. Purposively, six (6) communities were selected for the study because of the concentration of plantain processors in those areas. Structured questionnaire were used in data collection. From the result, with a gross margin of 175,062.99 and a BCR of 1.28 in flour processing,
the industry is profitable. The prospect in plantain chips production also is profitable at a gross margin of N112, 203.38, operating expense ratio of 0.51 and BCR of 1.0. At z-value of 2.103 (p<0.05), between the number of bunches of plantain converted into flour and chips, the study suggests, the null hypothesis should be rejected. The coefficient of
multiple determinations for the linear, semi log, double log and exponential functions are 0.909, 0.879, 0.548, and 0.708 respectively in flour processing while in chips processing, the semi logarithm functional form was selected as the lead
equation of the regression analysis because of the magnitude of R2. The coefficients of determination (R2) of 0.588 shows that about 58.8% of the variation in gross profit was influenced by the combined effects of the individual parameters

Item Type:	Article
Status:	Published
Subjects:	H Social Sciences > HB Economic Theory > HB135-147 Mathematical economics. Quantitative methods S Agriculture > S Agriculture (General)
School/Department:	London Campus
URI:	https://ray.yorksj.ac.uk/id/eprint/10927

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