Impact of Off-farm Sector Involvement on Welfare of Rural Households in Nigeria: A Propensity Score Matching Approach
Journal Title: Journal of Economics, Management and Trade - Year 2017, Vol 18, Issue 2
Abstract
This study investigated the impact of off-farm employment on the welfare of households in rural Nigeria employing household data obtained from the RIGA database. A sample of 14,512 rural households was used for the study. Propensity Score Matching (PSM) method was employed to evaluate the impact of participating in both wage and self-employment on the welfare of rural households whose major occupation is farming. Results from analysing socio-economic characteristics showed that majority of the rural households in Nigeria were male headed. These households had very little access to credit especially from formal institutions. Also, most of the households owned land the land they cultivated. The results from the PSM estimations showed that off-farm employment had a positive and robust effect on farm household income. Off-farm participants were observed to have greater consumption expenditure than the non-participating rural households. On average, a rural households involved in off-farm was 8,583 Nigerian naira better-off than a non-participating household. The study therefore recommends relevant policies that will have direct bearing on the rural off-farm sector by enhancing market integration and stimulating the growth of the off-farm sector.
Authors and Affiliations
M. K. Ibrahim, S. O. Adejoh, U. M. Shaibu
Keywords
Related Articles
- EP ID EP319917
- DOI 10.9734/JEMT/2017/34092
- Views 84
- Downloads 0
Accountants’ Perceptions of IPSAS Application in Nigerian Public Sector Financial Management and Reporting
This study examined accountants’ perception of IPSAS acceptance in Nigerian public sector financial management and reporting. There are conflicting or divergent views as to what will accrue or what Nigeria stand to gain...
Unemployment and Economic Growth in Tanzania
Aims: This paper examined the impact of unemployment on economic growth in Tanzania and causal relationship between unemployment and economic growth in Tanzania. Methodology: The study utilized co-integration and Dynamic...
Trade-led Growth and Growth-led Trade Hypotheses in Bangladesh: An ARDL Bounds Test Approach
This study investigates the relationship between foreign trade and economic growth using annual data of real GDP (proxied for economic growth), real exports and imports for the period of 1979 to 2014 in Bangladesh. The s...
An Economic Analysis of Volume and Price Behaviour of Vegetables in the Republic of Trinidad and Tobago
Aims: This study was aimed to examine the behaviour and pattern of fluctuations in market volume and prices of 21 major vegetables consumed in Trinidad and Tobago. Study Design: The study used monthly data for a period...
The Enigma of the Income Tax
The objective of this paper is to propose an alternative formulation of income tax that is based on simultaneous utility maximization of both the taxpayer and the government. This method is different from both the fixed...