Technical Efficiency in Artisanal Fishing in Akwa Ibom State, Nigeria

Abstract

Central to any other economic activity in production is the issue of efficiency. This paper employed the stochastic frontier production function to analyse the technical efficiency of 232 randomly selected artisanal fishermen in Akwa Ibom State, Nigeria. The result shows that 96.7% of contract, 60.66% of the former contract, 26.25% of the non-contract and 94.8% of all fishers were 90% technology efficient; minimum efficiency were 0.82, 0.53, 0.71 and 0.86 respectively while the maximum and mean efficiency was 0.99 and 0.98 for all the categorised fishermen.