Table 4

Determinants of profitability of the actors in the cassava food value chain

VariablesFarmers (N = 400)Processors (N = 120)Traders (N = 100)
Socioeconomic variable
Age−2.555*** (0.183)−2.711*** (0.223)−3.477*** (0.197)
Household size0.010 (0.142)0.883*** (0.316)0.495* (0.252)
Gender−0.036 (0.147)  
Primary0.666*** (0.173)0.861*** (0.315)0.677** (0.339)
Secondary1.073*** (0.199)1.268*** (0.436)1.206*** (0.349)
Tertiary0.697*** (0.230)1.492** (0.671)1.194** (0.567)
Experience0.290** (0.125)0.137 (0.190)−0.253 (0.168)
Farm size1.273*** (0.112)  
Off-farm activities−0.060 (0.132)  
Record keeping0.198 (0.176) 0.223 (0.240)
Labour0.461*** (0.121)  
Ogbomosho0.213 (0.199)1.813*** (0.387)0.291 (0.308)
Saki0.198 (0.199)1.251*** (0.420)0.522* (0.279)
Oyo0.034 (0.218)0.878** (0.391)0.522 (0.279)
Institutional variables
Membership association0.350*** (0.132)0.538* (0.297)0.298 (0.237)
Extension−0.205 (0.165)−0.695 (0.456) 
Credit0.128 (0.193)0.777 (0.506)−0.409 (0.382)
Diagnostic statistics
Joint effect
F-statistics
3069.65***1377.02***1612.49***
VIF1.531.451.73
Breusch–Pagan/Cook–Weisberg test for heteroscedasticity2.174.04**0.15

Note(s): *,**, and *** represent 10%, 5% and 1% statistical significance, respectively. Values in parentheses are standard errors. Source: Authors’ computations based on authors’ primary survey data, 2016

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