Analysis of factors influencing Vulnerability to Poverty among Farming Households in Nigeria
- September 25, 2019
- Posted by: RSIS
- Categories: Agriculture, Economics, IJRSI
International Journal of Research and Scientific Innovation (IJRSI) | Volume VI, Issue IX, September 2019 | ISSN 2321–2705
Analysis of factors influencing Vulnerability to Poverty among Farming Households in Nigeria
Sanusi, W.A and Fanifosi, G.E
Department of Agricultural Economics, Ladoke Akintola University of Technology Ogbomoso, Nigeria
Abstract: – This study estimates vulnerability to poverty in Nigeria, specifically it analyse poverty status, vulnerability to poverty and the determinants of vulnerability to poverty. The study utilized the post-harvest and post planting cross section data from the National living standard Survey (NLSS) wave 2. Twelve (12) States were randomly selected using a multi-Stage sampling technique, 2 each from the six geopolitical zones in the country. Three steps generalized least square (FGLS) estimation procedure was used to estimate vulnerability to poverty and to model the effect of household socio-economic status on expected future consumption and variation in future consumption, and a Logit regression model was used to examine the determinants of poverty. The result revealed that most of the respondents were active and still in their productive age, the average years of schooling of 5.06 revealed a low level of the educational status of the respondents. The mean household size was 6 and exactly halve of the population were seen to be poor and lived below the poverty line. The significant determinants of vulnerability to poverty were gender, household size, and credit access, and farm distance, economic and agricultural shocks.
Keywords: Expected poverty, shocks, vulnerability, covariate and idiosyncratic
I. INTRODUCTION
The concept of vulnerability relates to the occurrence of events which negatively impact on something, such as individuals, households, enterprises, communities and countries. Household vulnerability is seen as the inability of a household to secure its living standards in the face of a certain negative event (Luigi, 2004). Vulnerability generally refers to the potential to be adversely affected by an event or change (Kelly and Adger, 2000).
