The study examined the levels of resource-use efficiency of rice farmers unde,r irrigation method in Dadinkowa, Gombe state of Nigeria. Using questionnaire, data were collected during the year 2010 irrigation season f...The study examined the levels of resource-use efficiency of rice farmers unde,r irrigation method in Dadinkowa, Gombe state of Nigeria. Using questionnaire, data were collected during the year 2010 irrigation season from 120 randomly sampled rice irrigators and the data were analyzed using multiple regression and marginal analyses. Results showed that significant factors influencing irrigated rice production were labour (P 〈 0.001), land and fertilizer (P 〈 0.01). In addition, the coefficient of determination (R2), the F-ratio and the standard error of the mean (S) were found to be 0.471, 16.37*** and 8.908, respectively. The results also indicated that efficiency values of land, seeds, fertilizer and labour were 1.234, 0.498, 2.352 and 1.620, respectively. Finally, it was found that resource-use among the farmers were not efficient thus equipment, land, fertilizer and labour inputs shall be increased by 78.3%, 18.9%, 57.5% and 38.3%, respectively, while seed input shall be reduced by 50.2% for the farmers to attain optimal resource utilization.展开更多
We analyze an infinite horizon difference game between four aggregated industries-production of producer goods, production of consumption goods, federation of labor unions, and commercial banking sector. Consumers do ...We analyze an infinite horizon difference game between four aggregated industries-production of producer goods, production of consumption goods, federation of labor unions, and commercial banking sector. Consumers do not behave strategically. They make their decisions on the basis of maximization of average discounted utility. Therefore, we do not include them in the set of players in the game. The payoffof each production industry and the commercial banking sector is equal to the average discounted sum of real dividends of its owners. The payoff of the federation of labor unions is equal to the average discounted sum of real wages and real unemployment benefits. A strict strong perfect general equilibrium is the applied solution concept for the game. It requires that there does not exist a coalition of players that can weakly Pareto improve the vector of continuation payoffs of its members in some subgame by a coordinated deviation. It is a refinement of Rubinstein's concept of a strong perfect equilibrium. We formulate and prove the sufficient condition for its existence. It is based on the assumption that no one of the aggregated industries can have a positive output without using some minimal amount of output of each other aggregated industry as an input. By definition, in each subgame, the equilibrium payoff vector in a strict strong perfect general equilibrium is strictly Pareto efficient. Thus, if each consumer either has only income from wage and unemployment benefit or receives dividend from only one aggregated industry, and his nominal income in each period along the equilibrium path exceeds social minimum, it is not possible to weakly Pareto improve the vector of consumers' average discounted real incomes. This holds not only for the whole game but also for each subgame starting in the first phase of some period.展开更多
文摘The study examined the levels of resource-use efficiency of rice farmers unde,r irrigation method in Dadinkowa, Gombe state of Nigeria. Using questionnaire, data were collected during the year 2010 irrigation season from 120 randomly sampled rice irrigators and the data were analyzed using multiple regression and marginal analyses. Results showed that significant factors influencing irrigated rice production were labour (P 〈 0.001), land and fertilizer (P 〈 0.01). In addition, the coefficient of determination (R2), the F-ratio and the standard error of the mean (S) were found to be 0.471, 16.37*** and 8.908, respectively. The results also indicated that efficiency values of land, seeds, fertilizer and labour were 1.234, 0.498, 2.352 and 1.620, respectively. Finally, it was found that resource-use among the farmers were not efficient thus equipment, land, fertilizer and labour inputs shall be increased by 78.3%, 18.9%, 57.5% and 38.3%, respectively, while seed input shall be reduced by 50.2% for the farmers to attain optimal resource utilization.
文摘We analyze an infinite horizon difference game between four aggregated industries-production of producer goods, production of consumption goods, federation of labor unions, and commercial banking sector. Consumers do not behave strategically. They make their decisions on the basis of maximization of average discounted utility. Therefore, we do not include them in the set of players in the game. The payoffof each production industry and the commercial banking sector is equal to the average discounted sum of real dividends of its owners. The payoff of the federation of labor unions is equal to the average discounted sum of real wages and real unemployment benefits. A strict strong perfect general equilibrium is the applied solution concept for the game. It requires that there does not exist a coalition of players that can weakly Pareto improve the vector of continuation payoffs of its members in some subgame by a coordinated deviation. It is a refinement of Rubinstein's concept of a strong perfect equilibrium. We formulate and prove the sufficient condition for its existence. It is based on the assumption that no one of the aggregated industries can have a positive output without using some minimal amount of output of each other aggregated industry as an input. By definition, in each subgame, the equilibrium payoff vector in a strict strong perfect general equilibrium is strictly Pareto efficient. Thus, if each consumer either has only income from wage and unemployment benefit or receives dividend from only one aggregated industry, and his nominal income in each period along the equilibrium path exceeds social minimum, it is not possible to weakly Pareto improve the vector of consumers' average discounted real incomes. This holds not only for the whole game but also for each subgame starting in the first phase of some period.