Structure, Conduct and Performance of Timber Market in Ife East Local Government of Osun State, Nigeria
The study focused on the structure, conduct and performance of timber market in Ife-east Local Governments of Oyo state. The major objective of this study is to assess the marketing pattern of timber in the study areas. The research method used for achieving the general objectives involved Descrip...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Joint Coordination Centre of the World Bank assisted National Agricultural Research Programme (NARP)
2020-07-01
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| Series: | Journal of Applied Sciences and Environmental Management |
| Subjects: | |
| Online Access: | https://www.ajol.info/index.php/jasem/article/view/197690 |
| _version_ | 1797228074055499776 |
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| author | T.O. Babatunde O.O. Babatunde |
| author_facet | T.O. Babatunde O.O. Babatunde |
| author_sort | T.O. Babatunde |
| collection | DOAJ |
| description |
The study focused on the structure, conduct and performance of timber market in Ife-east Local Governments of Oyo state. The major objective of this study is to assess the marketing pattern of timber in the study areas. The research method used for achieving the general objectives involved Descriptive Statistics and Gini Coefficient. Variations were observed in the price of the timber of the same species but different size because price determination is based on bargaining power. The result showed majority of respondents (58.8%) had secondary education, Muslim was dominant (54.6%) in the timber marketing and majority of marketers had regular supply of their product. . Government policy, high cost of transportation, inadequate credit facilities and high cost of energy and power were some of the constraints faced by timber marketers in the study area. The use of modern equipment and machines are needed to replace the outdated equipment in order to increase the output and profit. The level of access to credit facilities should be improved upon by encouraging the respondent to form cooperative societies so that they can mobilize enough working capital for their business.
Keywords: Structure, conduct, Performance, Timber, ife, market
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| first_indexed | 2024-04-24T14:50:54Z |
| format | Article |
| id | doaj.art-026b2dec07344a40a087d69973f68556 |
| institution | Directory Open Access Journal |
| issn | 2659-1502 2659-1499 |
| language | English |
| last_indexed | 2024-04-24T14:50:54Z |
| publishDate | 2020-07-01 |
| publisher | Joint Coordination Centre of the World Bank assisted National Agricultural Research Programme (NARP) |
| record_format | Article |
| series | Journal of Applied Sciences and Environmental Management |
| spelling | doaj.art-026b2dec07344a40a087d69973f685562024-04-02T19:49:12ZengJoint Coordination Centre of the World Bank assisted National Agricultural Research Programme (NARP)Journal of Applied Sciences and Environmental Management2659-15022659-14992020-07-0124610.4314/jasem.v24i6.23Structure, Conduct and Performance of Timber Market in Ife East Local Government of Osun State, NigeriaT.O. BabatundeO.O. Babatunde The study focused on the structure, conduct and performance of timber market in Ife-east Local Governments of Oyo state. The major objective of this study is to assess the marketing pattern of timber in the study areas. The research method used for achieving the general objectives involved Descriptive Statistics and Gini Coefficient. Variations were observed in the price of the timber of the same species but different size because price determination is based on bargaining power. The result showed majority of respondents (58.8%) had secondary education, Muslim was dominant (54.6%) in the timber marketing and majority of marketers had regular supply of their product. . Government policy, high cost of transportation, inadequate credit facilities and high cost of energy and power were some of the constraints faced by timber marketers in the study area. The use of modern equipment and machines are needed to replace the outdated equipment in order to increase the output and profit. The level of access to credit facilities should be improved upon by encouraging the respondent to form cooperative societies so that they can mobilize enough working capital for their business. Keywords: Structure, conduct, Performance, Timber, ife, market https://www.ajol.info/index.php/jasem/article/view/197690Structure, conduct, Performance, Timber, ife, market |
| spellingShingle | T.O. Babatunde O.O. Babatunde Structure, Conduct and Performance of Timber Market in Ife East Local Government of Osun State, Nigeria Journal of Applied Sciences and Environmental Management Structure, conduct, Performance, Timber, ife, market |
| title | Structure, Conduct and Performance of Timber Market in Ife East Local Government of Osun State, Nigeria |
| title_full | Structure, Conduct and Performance of Timber Market in Ife East Local Government of Osun State, Nigeria |
| title_fullStr | Structure, Conduct and Performance of Timber Market in Ife East Local Government of Osun State, Nigeria |
| title_full_unstemmed | Structure, Conduct and Performance of Timber Market in Ife East Local Government of Osun State, Nigeria |
| title_short | Structure, Conduct and Performance of Timber Market in Ife East Local Government of Osun State, Nigeria |
| title_sort | structure conduct and performance of timber market in ife east local government of osun state nigeria |
| topic | Structure, conduct, Performance, Timber, ife, market |
| url | https://www.ajol.info/index.php/jasem/article/view/197690 |
| work_keys_str_mv | AT tobabatunde structureconductandperformanceoftimbermarketinifeeastlocalgovernmentofosunstatenigeria AT oobabatunde structureconductandperformanceoftimbermarketinifeeastlocalgovernmentofosunstatenigeria |