DETERMINANTS OF MULTIDIMENSIONAL POVERTY TRANSITIONS AMONG RURAL HOUSEHOLDS IN NIGERIA

Abimbola Adepoju and Olaniyi Oyewole

Review of Agricultural and Applied Economics (RAAE), 2020, vol. 23, issue 01

Abstract: Despite the progress in poverty reduction globally, millions of people are either near or living in severe multidimensional poverty in Nigeria. This study examined multidimensional poverty transitions in rural Nigeria, employing the Alkire and Foster measure of multidimensional poverty, Markov model of poverty transitions and the multinomial logistic regression model for analysis. Results showed that multidimensional poverty among rural households in Nigeria was mainly chronic (46.5%) while education and assets dimensions contributed most to the incidence and severity of multidimensional poverty among the households respectively. Educational and marital status, household size and number of assets owned influenced transient poverty while tertiary education, household size and number of assets owned influenced chronic poverty. The enactment and implementation of relevant laws and policies against the marginalization of the poor and vulnerable with respect to ownership of assets and intensification of efforts and incentives, aimed at encouraging human capital development, is key in the fight against poverty in rural Nigeria.

Keywords: Community/Rural/Urban Development; Consumer/Household Economics; Food Security and Poverty (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ags:roaaec:308392

DOI: 10.22004/ag.econ.308392

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