2019
DOI: 10.12714/egejfas.2019.36.2.04
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Analysis of profitability of shrimp value chain in Delta State, Nigeria

Abstract: This study investigated the profitability of shrimp value chain. Primary data were obtained using well structured questionnaire from randomly selected 240 shrimp operators (harvesters, processors and marketers). Descriptive and inferential statistical tools were used to analyze collected data. The result revealed that the mean profit realized was N70,092 N36,255 and N26,097.30 by harvesters, processors and marketers respectively. Value added at was N500 and N1000 per basket by processors and marketers respecti… Show more

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Cited by 8 publications
(19 citation statements)
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“…Reporting financial information of participating youth in shrimp value chain can encourage more youth participation and the development of the shrimp industry. Furthermore, the quitting preference of elderly operators from shrimp value chain has been declared in previous work (Achoja, 2019).…”
Section: Figure 1: Shrimp (Penaeus Monodon)mentioning
confidence: 99%
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“…Reporting financial information of participating youth in shrimp value chain can encourage more youth participation and the development of the shrimp industry. Furthermore, the quitting preference of elderly operators from shrimp value chain has been declared in previous work (Achoja, 2019).…”
Section: Figure 1: Shrimp (Penaeus Monodon)mentioning
confidence: 99%
“…More and speedy development is required to satisfy the growing in demand for shrimp in the world. A recent research effort to investigate the emerging shrimp market (Onashe, 2018;Achoja, 2019) highlighted shrimp market chain as the driver of economic development in Nigeria.…”
Section: Figure 1: Shrimp (Penaeus Monodon)mentioning
confidence: 99%
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“…Profit function (Achoja, 2019) Profit function is specified as: The multiple regression models were implicitly specified as:…”
Section: Modelmentioning
confidence: 99%