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Impact of Cooperative Membership on Rural Income Generation in Southwest, Nigeria
[Impacto de la membresía cooperativa en la generación de ingresos rurales en el suroeste de Nigeria]

Author

Listed:
  • Sofoluwe Nurudeen Afolabi

    (Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria.)

  • Yinusa Olumuyiwa Ganiyu

    (Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria.)

Abstract

This study examines the impact of cooperative membership on rural income generation. It also analyzes the factors influencing participation in cooperatives among rural households in Southwest, Nigeria. The study was designed to account for selection bias into cooperative organizations. Rural household survey data were used and the estimates were based on both the Probit model and non-parametric propensity score matching method. The findings show that income generated through cooperative membership is approximately 10% higher than those generated by noncooperative members. Empirical estimates of determinants of cooperative membership indicate that years of education, age and land size have significant influences on the decision to join cooperatives.

Suggested Citation

  • Sofoluwe Nurudeen Afolabi & Yinusa Olumuyiwa Ganiyu, 2021. "Impact of Cooperative Membership on Rural Income Generation in Southwest, Nigeria [Impacto de la membresía cooperativa en la generación de ingresos rurales en el suroeste de Nigeria]," REVESCO: Revista de estudios cooperativos, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Escuela de Estudios Cooperativos, issue 138, pages 75563-75563.
    • Handle: RePEc:ucm:reveco:y:2021:i:138:p:e75563
    DOI: 10.5209/reve.75563
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    More about this item

    Keywords

    Cooperatives; Poverty; Impact evaluation; Rural; Propensity score matching.;
    All these keywords.

    JEL classification:

    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation

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