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An Assessment of Income Shocks and Expected Poverty Dynamics in Rural Nigeria

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  • A S Oyekale
  • T O Oyekale

Abstract

Assessment of income shocks and households’ vulnerability provides an excellent way of designing appropriate marginal reforms to tackle welfare problems among the vulnerable groups. This study used the three-stage Feasible Generalized Least Square (FGLS) technique to analyze expected poverty in Nigeria, using the 2004 National Living Standard Survey data. It was found that high agricultural input price and lack of capital to expand own business were experienced by the largest proportion of the households. Also, high vulnerability was displayed by rural areas, states like Jigawa, Kebbi, Zamfara, Yobe, Kogi, Taraba, and Sokoto, male-headed households, large families, and households with large number of dependents. This study suggests that there is a need to determine the prices in order to reduce chronic and transient poverty. Appropriate marginal reforms targeted at vulnerable groups in rural areas and specific zones of the country also need to be designed.

Suggested Citation

  • A S Oyekale & T O Oyekale, 2010. "An Assessment of Income Shocks and Expected Poverty Dynamics in Rural Nigeria," The IUP Journal of Agricultural Economics, IUP Publications, vol. 0(3), pages 18-50, July.
    • Handle: RePEc:icf:icfjag:v:07:y:2010:i:3:p:18-50
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    Citations

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    Cited by:

    1. Peter Nwachukwu Mba & Emmanuel O. Nwosu & Anthony Orji, 2021. "Effects of Exposure to Risks on Household Vulnerability in Developing Countries: A New Evidence From Urban and Rural Areas of Nigeria," SAGE Open, , vol. 11(1), pages 21582440211, March.
    2. T. C. Maselwa & A. S. Oyekale*, 2019. "Homestead Food Gardeners’ Perceived Vulnerability to Poverty, Income Shocks and Entrepreneurial Activities in North West Province, South Africa," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 5(7), pages 1123-1134, 07-2019.
    3. Omonona, Bolarin T., 2009. "Quantitative analysis of rural poverty in Nigeria:," NSSP working papers 9, International Food Policy Research Institute (IFPRI).
    4. Agbaje, M.A. & Okunmadewa, F.Y. & Oni, O.A. & Omonona, B.T., 2014. "Spatial Dimension of Vulnerability to Poverty in Rural Nigeria," Quarterly Journal of International Agriculture, Humboldt-Universitaat zu Berlin, vol. 53(1), pages 1-30, February.

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