Stochastic frontier analysis of catfish (Clarias gariepinus) aquaculture agribusiness for sustainable fisheries development: Evidence from Nigeria

Technical efficiency assessment and enhancement is critical to sustainable fisheries developmentin Nigeria. This study examines stochastic frontier of catfish aquaculture agribusiness for sustainable fisheries development. Purposive sampling technique was employed to select 110 catfishfarmers in areas with high density catfish farms. Primary data were collected directly from catfishfarmers using structured questionnaire. The analytical tools used were descriptive statistics, netfarm income, stochastic frontier production function (SPF) and t-statistics. The result shows thatmost of the catfish farmers were young people within the productive age of 40-49 years. Catfishfarmers had obtained various levels of formal education. Finding shows that feeds cost was thehighest variable cost (72.75%). Feed had a positive and significant relationship (P

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