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GENERAL & APPLIED ECONOMICS

Bayesian technical efficiency analysis of groundnut production in Ghana

ORCID Icon, ORCID Icon & ORCID Icon
Article: 2074627 | Received 09 Mar 2022, Accepted 02 May 2022, Published online: 22 May 2022

Figures & data

Figure 1. Trends of groundnut production in Ghana.Source: Authors Own Plot with Data from MoFA 2016

Figure 1. Trends of groundnut production in Ghana.Source: Authors Own Plot with Data from MoFA 2016

Figure 2. Conceptual framework.Source: Authors own construct, 2022

Figure 2. Conceptual framework.Source: Authors own construct, 2022

Table 1. Summary of inefficiency variables and a priori expectations

Table 2. Bayesian Parameter Estimates of the Stochastic Frontier Model

Figure 3. Posterior kernel density plots of input variable parameters.

Figure 3. Posterior kernel density plots of input variable parameters.

Figure 4. Distribution of Technical Efficiency Scores of Farmers.Source: Field Survey with Author’s Own Plot

Figure 4. Distribution of Technical Efficiency Scores of Farmers.Source: Field Survey with Author’s Own Plot

Table 3. Posterior Distributions of Determinants of Inefficiency