The Impact of Cooperative Membership on Fish Farm Households’ Income: The Case of Ghana

Martinson Ankrah Twumasi, Yuansheng Jiang, Bismark Addai, Zhao Ding, Abbas Ali Chandio, Prince Fosu, Dennis Asante, Anthony Siaw, Frank Osei Danquah, Bright Asiamah Korankye, Gideon Ntim-Amo, Stephen Ansah and Wonder Agbenyo
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Martinson Ankrah Twumasi: College of Economics, Sichuan Agricultural University, Chengdu 611130, China
Yuansheng Jiang: College of Economics, Sichuan Agricultural University, Chengdu 611130, China
Bismark Addai: School of Economics and Management, Changsha University of Science and Technology, Changsha 410004, China
Zhao Ding: College of Economics, Sichuan Agricultural University, Chengdu 611130, China
Abbas Ali Chandio: College of Economics, Sichuan Agricultural University, Chengdu 611130, China
Prince Fosu: School of Analytics, Finance, and Economics, Southern Illinois University, Carbondale, IL 62901, USA
Dennis Asante: College of Medicine and Public Health, Flinders University Rural Health SA, Flinders University, GPO Box 852, Adelaide 5042, Australia
Anthony Siaw: College of Economics, Sichuan Agricultural University, Chengdu 611130, China
Frank Osei Danquah: College of Management, Sichuan Agricultural University, Chengdu 611130, China
Bright Asiamah Korankye: College of Management, Sichuan Agricultural University, Chengdu 611130, China
Gideon Ntim-Amo: College of Management, Sichuan Agricultural University, Chengdu 611130, China
Stephen Ansah: College of Management, Sichuan Agricultural University, Chengdu 611130, China
Wonder Agbenyo: College of Economics, Sichuan Agricultural University, Chengdu 611130, China

Sustainability, 2021, vol. 13, issue 3, 1-16

Abstract: The emergence of agricultural cooperatives is extensively viewed as a necessary institutional arrangement that can help farmers in developing countries overcome the constraints that impede them from improving sustainable agricultural production and acquiring new marketing opportunities. Therefore, this study examines the determinants of cooperative membership and its impact on fish farm household income, using data collected from two regions in Ghana. An endogenous switching regression (ESR) model is utilized to address the potential sample selection bias issue. The results show that household heads’ decisions to join cooperatives are affected by their access to credit, off-farm work, education level, and peer influence. Cooperative membership can increase both household and farm income by 28.54% and 34.75%, respectively. Moreover, we show that different groups of households’ cooperative impacts on farm and household income are heterogeneous. Our findings highlight the importance of cooperative patronization and provide implications that can improve households’ welfare.

Keywords: cooperative membership; fish farms; household income; endogenous switching regression model; Ghana (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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