IDEAS home Printed from https://ideas.repec.org/a/gam/jecomi/v7y2019i2p39-d229033.html

A Disaggregated Analysis of Wealth Status and Educational Attainment in Nigeria Using the Multinomial Logit Approach

Author

Listed:
  • Chinedu Miracle Nevo

    (Department of Economics, University of Nigeria, Nsukka 410001, Nigeria)

  • Stanley Egenti

    (Institute of Development Research and Development Policy, Ruhr University Bochum, 44789 Bochum, Germany)

Abstract

For most studies that have been carried out, a country’s level of income and aggregate wealth go a long way in shaping the overall welfare of citizens therein. This study seeks to investigate the relationship between wealth status and educational attainment, as a manifestation of income inequality, especially when the wealth status is disaggregated. With data obtained from the National Demographic and Health Survey (DHS) 2013 and the adoption of the multinomial logit model, this study captured exogenous variables such as wealth index, the core variable; household sex preference, a dummy variable that takes the value of 1 if a household prefers a male child and 0 otherwise; and place, another control variable. This study finds that there is a very significant relationship between wealth status and educational attainment, especially for the individual categories of wealth index, hence, educational inequality hinders the quest to achieve higher educational levels for individuals from low wealth families. This study therefore recommends that the government should engender state-based subsidized education cost programs that will be targeted at poor households, as well as intensify efforts in solidifying the overall educational framework in the country, especially in the rural areas bereft of facilities.

Suggested Citation

  • Chinedu Miracle Nevo & Stanley Egenti, 2019. "A Disaggregated Analysis of Wealth Status and Educational Attainment in Nigeria Using the Multinomial Logit Approach," Economies, MDPI, vol. 7(2), pages 1-9, May.
    • Handle: RePEc:gam:jecomi:v:7:y:2019:i:2:p:39-:d:229033
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7099/7/2/39/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-7099/7/2/39/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Davies, James B. & Sandstrom, Susanna & Shorrocks, Anthony & Wolff, Edward N., 2006. "The World Distribution of Household Wealth," Conference papers 331490, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. Ribar, David C., 1993. "A multinomial logit analysis of teenage fertility and high school completion," Economics of Education Review, Elsevier, vol. 12(2), pages 153-164, June.
    3. Z. Burda & D. Johnston & J. Jurkiewicz & M. Kaminski & M. A. Nowak & G. Papp & I. Zahed, 2001. "Wealth Condensation in Pareto Macro-Economies," Papers cond-mat/0101068, arXiv.org.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Adeniran, Adedeji & Ishaku, Joseph & Akanni, Lateef Olawale, 2020. "Is Nigeria experiencing a learning crisis: Evidence from curriculum-matched learning assessment," International Journal of Educational Development, Elsevier, vol. 77(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nancy Birdsall, 2008. "Income Distribution: Effects on Growth and Development," Chapters, in: Amitava Krishna Dutt & Jaime Ros (ed.), International Handbook of Development Economics, Volumes 1 & 2, volume 0, chapter 48, Edward Elgar Publishing.
    2. Berriel, Tiago Couto & Zilberman, Eduardo, 2011. "Targeting the poor: a macroeconomic analysis of cash transfer programs," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 726, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    3. Ozturk, Orgul & Chyi, hau, 2006. "The Effects of Single Mothers' Welfare Participation and Work Decisions on Children's Attainments," MPRA Paper 10110, University Library of Munich, Germany, revised 2008.
    4. Hochguertel, Stefan & Ohlsson, Henry, 2012. "Who is at the top? Wealth mobility over the life cycle," Working Paper Series, Center for Fiscal Studies 2012:1, Uppsala University, Department of Economics.
    5. Richard Hauser & Holger Stein, 2004. "Inequality of the Distribution of Personal Wealth in Germany 1973-1998," Microeconomics 0401005, University Library of Munich, Germany.
    6. Ranaldi, Marco, 2021. "Global Distributions of Capital and Labor Incomes: Capitalization of the Global Middle Class," SocArXiv 3g59r, Center for Open Science.
    7. khalid, Muhammed, 2011. "Household Wealth in Malaysia: Composition and Inequality among Ethnic Groups," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 45, pages 71-80.
    8. Lucia Nixon & Michael Robinson, 1999. "The educational attainment of young women: Role model effects of female high school faculty," Demography, Springer;Population Association of America (PAA), vol. 36(2), pages 185-194, May.
    9. Sikka, Prem, 2011. "Accounting for human rights: The challenge of globalization and foreign investment agreements," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 22(8), pages 811-827.
    10. James B. Davies & Susanna Sandström & Anthony Shorrocks & Edward N. Wolff, 2011. "The Level and Distribution of Global Household Wealth," Economic Journal, Royal Economic Society, vol. 121(551), pages 223-254, March.
    11. Crelis F Rammelt & Maggi Leung & Kebede Manjur Gebru, 2018. "The Exclusive Nature of Inclusive Productive Employment in the Rural Areas of Northern Ethiopia," Work, Employment & Society, British Sociological Association, vol. 32(6), pages 1044-1060, December.
    12. Leigh, Andrew & van der Eng, Pierre, 2009. "Inequality in Indonesia: What can we learn from top incomes?," Journal of Public Economics, Elsevier, vol. 93(1-2), pages 209-212, February.
    13. Kim, Dong-Hyeon & Liu, Peiyao & Lin, Shu-Chin, 2025. "Nonlinearity in the nexus between financial development and wealth inequality," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 99(C).
    14. Aomar IBOURK & Salah Eddine TAHA, 2018. "Key Factors of Cognitive Performance in Moroccan Preschool: Evidence from Random Slope Model," International Business Research, Canadian Center of Science and Education, vol. 11(11), pages 92-108, November.
    15. Carmen Deere & Abena Oduro & Hema Swaminathan & Cheryl Doss, 2013. "Property rights and the gender distribution of wealth in Ecuador, Ghana and India," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 11(2), pages 249-265, June.
    16. Ignazio Drudi & Giorgio Tassinari & Fabrizio Alboni, 2017. "Changes in wealth distribution in Italy (2002-2012) and who gained from the Great Recession," PSL Quarterly Review, Economia civile, vol. 70(281), pages 129-153.
    17. Ribar, David C., 2001. "The effects of local employment opportunities on youths' work and schooling," Economics of Education Review, Elsevier, vol. 20(4), pages 401-413, August.
    18. Islam, Md. Rabiul, 2018. "Wealth inequality, democracy and economic freedom," Journal of Comparative Economics, Elsevier, vol. 46(4), pages 920-935.
    19. Hau Chyi, 2013. "The Effects of Single Mothers’Welfare Participation and Work Decisions on Children’s Attainments," Working Papers 2013-10-14, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
    20. Olympia Bover, 2010. "Wealth Inequality And Household Structure: U.S. Vs. Spain," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(2), pages 259-290, June.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jecomi:v:7:y:2019:i:2:p:39-:d:229033. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.