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Income Risk and Welfare Status of Rural Households in Nigeria: Ekiti State as a Test Case

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  • Isaac B. Oluwatayo

Abstract

This paper examines the impact of income risk on the level of well-being of rural households in Nigeria. While income risk is defined as the risks associated with variability in income well-being is defined in terms of the level of utility reached by a given individual. This level is a function of goods and services that the individual consumes. The study is based on primary data collected from a sample of 285 households in Ekiti State, Nigeria.

Suggested Citation

  • Isaac B. Oluwatayo, 2004. "Income Risk and Welfare Status of Rural Households in Nigeria: Ekiti State as a Test Case," WIDER Working Paper Series RP2004-61, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2004-61
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2004-061.pdf
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    References listed on IDEAS

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    Cited by:

    1. Osawe, Osayanmon Wellington, 2013. "Livelihood Vulnerability and Migration Decision Making Nexus: The Case of Rural Farm Households in Nigeria," 2013 Fourth International Conference, September 22-25, 2013, Hammamet, Tunisia 161628, African Association of Agricultural Economists (AAAE).
    2. Langat, Cheruiyot Peter, 2016. "Intrahousehold Decision Making And Implications On Food Security Among Smallholder Farmers In Chepalungu Constituency, Bomet County, Kenya," Research Theses 265575, Collaborative Masters Program in Agricultural and Applied Economics.

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