Keyword Search:


Bookmark and Share

Determinants and effects of non-farm enterprise diversification on household economic wellbeing in rural Nigeria

Abdul Aziz, Sheehu and Ahmad Sidique, Shaufique Fahmi and Said, Rusmawati (2017) Determinants and effects of non-farm enterprise diversification on household economic wellbeing in rural Nigeria. International Journal of Economics and Management, 11 (1). pp. 187-204. ISSN 1823-836X

[img] PDF
394Kb

Official URL: http://172.17.31.1/ijem/vol11no1/(10)-Paper%2010%2...

Abstract

This paper examines the determinants of non-farm enterprise (NFE) diversification decision among farm households in rural Nigeria and its effects on their economic wellbeing. By employing probit model, we find that NFE diversification decision significantly depends on household head’s education, household size, and community level infrastructures. The model also indicates that households residing closer to markets are more likely to diversify into NFE activities than those in remote areas. Unique to this study, we find that households having access to social and financial capital can overcome the entry barriers associated with NFE diversification. Propensity score matching technique was used to assess the impact of NFE diversification on household economic wellbeing, using annual total consumption expenditure and food shortage status of the household as indicators of economic wellbeing. The result reveals that NFE diversification has a significant positive impact on consumption expenditure and food availability. This suggests that NFE diversification could be a pathway for improving the economic wellbeing of farm households in rural areas of developing countries.

Item Type:Article
Keyword:Non-farm enterprise diversification; Farm household; Economic wellbeing; Consumption expenditure; Food shortage
Faculty or Institute:Faculty of Agriculture
Institute of Agricultural and Food Policy Studies
Publisher:Faculty of Economics and Management, Universiti Putra Malaysia
ID Code:56375
Deposited By: Nabilah Mustapa
Deposited On:31 Jul 2017 17:11
Last Modified:31 Jul 2017 17:11

Repository Staff Only: Edit item detail

Document Download Statistics

This item has been downloaded for since 31 Jul 2017 17:11.

View statistics for "Determinants and effects of non-farm enterprise diversification on household economic wellbeing in rural Nigeria"