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Article
Publication date: 4 November 2014

Aziz Karimov, Bola Amoke Awotide and Taiwo Timothy Amos

– The purpose of this paper is to estimate production and scale efficiency of maize producing farms in South-Western Nigeria.

521

Abstract

Purpose

The purpose of this paper is to estimate production and scale efficiency of maize producing farms in South-Western Nigeria.

Design/methodology/approach

This study is based on a semi-parametric approach and uses a combination of econometrics and linear programming to build two stage Data Envelopment Analysis (DEA) model.

Findings

Model findings shows existence of production and scale inefficiencies in maize production. The study concludes that there is still room for efficiency improvements in the existence of the current maize production technology. It also finds several socio-economic variables such as, off-farm work, education, extension services and credit, which positively impact on technical efficiency of farm households.

Practical implications

Efficiency indicators could be used to monitor resource use efficiency in crop production by local government.

Social implications

Efficiency improvements will increase maize production in the country which in turn reduce social unrest and food insecurity.

Originality/value

This study is one of the first which has employed DEA approach to analyze maize productivity and pioneer in using non-traditional bootstrapping approach to obtain robust efficiency scores in the case of Nigeria.

Details

International Journal of Social Economics, vol. 41 no. 11
Type: Research Article
ISSN: 0306-8293

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Available. Content available
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Publication date: 29 May 2020

Femi Oladele and Timothy G. Oyewole

Free Access. Free Access

Abstract

Details

Social Media, Mobile and Cloud Technology Use in Accounting: Value-Analyses in Developing Economies
Type: Book
ISBN: 978-1-83982-161-5

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Article
Publication date: 10 August 2021

Samuel Ekung, Isaac Abiodun Odesola and Timothy Adewuyi

The dearth of green standards (GS) in sub-Saharan Africa is alarming and the green cost premiums (GCP) in seeking certification in emerging markets are scanty. This paper studied…

189

Abstract

Purpose

The dearth of green standards (GS) in sub-Saharan Africa is alarming and the green cost premiums (GCP) in seeking certification in emerging markets are scanty. This paper studied the Building Energy-Efficiency Code of Nigeria (BEEC) and estimated the potential GCPs associated with the various energy-efficiency ratings.

Design/methodology/approach

The study retrofitted 150 conventional residential bungalow and maisonette buildings using BEEC's energy-efficiency interventions and performed analytical estimating of the retrofitted designs. The mean cost premium associated with each energy-efficiency intervention is presented as well as their financial benefits and payback periods. The benefits are achievable financial-savings due to a reduction in energy consumption and savings in electricity payment estimated from the average energy demands of each building. An independent t-test was further conducted to determine the cost differential between energy-efficient design (ED) and conventional design over a five-year period.

Findings

The potential GCPs and their payback periods are actually less than feared. The study showed that less than 5% and 21% extra funding would be required to achieve 1 to 4-Star and 5-Star energy-efficiency ratings involving passive design interventions and photovoltaic systems. Passive and active design interventions produced a financial savings of $8.08/m2 in electricity payment and $2.84/m2 per annum in energy consumption reduction. The financial-savings ($10.92/m2) was objective to pay-off the GCPs in less than four years. The independent t-test analysis showed the cost of ED is more economical after four years into the project lifecycle.

Originality/value

The research provides cost benchmarks for navigating cost planning and budgetary decisions during ED implementation and births a departure point for advancing energy-efficient construction in developing markets from the rational economic decision perspective.

Details

International Journal of Building Pathology and Adaptation, vol. 40 no. 2
Type: Research Article
ISSN: 2398-4708

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