by Tey Sheik Kyin, Lee Chin*

by Abdulaziz Shehu*a, Nura Abubakar Muhammadb

aFederal University Birnin Kebbi, Nigeria; Umaru Ali Shinkafi Polytechnic, Nigeria

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Abstract :  This paper examines the role of capital endowments in improving the economic as well as change in the poverty status wellbeing of rural households in Nigeria. The study used per capita annual household consumption expenditure as a measure of economic wellbeing. Variant difference and multinomial logit models were employed in assessing the effect of capital endowments on households’ economic wellbeing and change in their poverty status respectively. The result of variant difference and multinomial logit models revealed that the initial human, physical, financial and social capital endowments of the households have a significant positive influence on their welfare as well as their poverty status. However, human capital was the most important endowment that explained welfare changes over time. Based on the findings, the study suggest that the government need to initiate programs that would facilitate access of the poor households to formal education, formal credit, social capital and non-farm diversification opportunities towards eradicating of rural poverty in the country.

Keywords:Capital endowments, poverty reduction, farm household, rural Nigeria

Kemaskini:: 11/04/2022 [syazmer]