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 95
- Downloads 0
Currency Devaluation and Importation of Rice in Nigeria
Preference for consumption of imported rice by many Nigerians in the face of unstable exchange rate and currency devaluation, informed the determination of the trend of rice importation and the long run equilibrium relat...
Impact of Off-farm Sector Involvement on Welfare of Rural Households in Nigeria: A Propensity Score Matching Approach
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...
The Theoretical Strategic Approach in the Feasibility Study
The paper aims to find the relationship between strategic approach and feasibility studies This importance is emphasis from the important role of organizations in making strategic decisions in filed project management. T...
Implementation Problems of Activity Based Costing: A Study of Companies in Jordan
The aim of this study is to know the implementation rate of activity based costing system in Jordanian Limited Liability Companies (LLC) and to know the most important problems which face the implementation process. Two...
Modelling the Impact of Oil Price Volatility on Investment Decision Making in Marginal Fields’ Development in Nigeria
This study investigated the impact of oil price volatility on investment decision making in Marginal fields’ development in Nigeria. The study also investigated the relationship between oil price volatility and marginal...