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This study evaluates the technical efficiency of insured and uninsured cocoa   farm operators in Ondo State, Nigeria. Study data were obtained from 60   insured and 60 uninsured farm operators. Descriptive statistics, stochastic   frontier production function and t-test were used for the data analysis. The   mean technical efficiency of the insured farm and uninsured farm operators   was 76% and 70% respectively. Evidence from the t-test revealed that there   was a significant difference between the technical efficiency of the insured   and uninsured farm operators (t-cal. = 2.513; p = 0.012). The significant   determinants for the output of the insured farm operators were farm size and   the cost of pesticides while only the cost of pesticides was significant in   determining output for the uninsured farm operators. The study therefore   recommends policies aimed at promoting agricultural insurance among cocoa   farmers, reducing the cost of pesticides, increasing farm size as well as   encouraging young and well-educated individuals to insure their farming   activities

Comparative technical efficiency of insured and uninsured cocoa farm operators in Ondo State, Nigeria