Asset Ownership by Women in Urban and Rural South West Nigeria
Economics
Volume 9, Issue 2, June 2020, Pages: 21-26
Received: Feb. 6, 2020; Accepted: Feb. 25, 2020; Published: May 29, 2020
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Author
Yetunde Olasimbo Mary Oladokun, Department of Agricultural Economics, University of Ibadan, Ibadan City, Nigeria
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Abstract
In improving the welfare of women asset ownership plays a key role. Therefore this paper examined asset ownership by women in urban and rural South West (SW) Nigeria. Secondary data from Demographic and Health Survey 2013 was used. Data on 1551 rural and 4323 urban women in SW Nigeria was used. Information on their socio-economic characteristics and assets (physical and natural) was obtained. Data analysis was done using descriptive statistics, multiple correspondence analysis and probit regression. In rural and urban South West the mean age was 30 years. The mean household size in rural and urban SW was 6 and 5 persons respectively. Mobile telephone has a proportionally far higher weight (0. 043, 0.050) and radio too (0.037, 0.042) than the remaining assets in rural and urban SW. From the probit regression nine variables were found to be statistically significant at various levels in both rural and urban South West. The significant variables in rural SW were age (25-34) (-0.30), age 35-49 (0.51), employed in agric and allied sector (0.17), incomplete secondary school education (-0.14), complete secondary school education (-0.16), higher education (0.84), being a female household head (0.17), marital status-married (0.63). In the urban SW the variables that are significant are age-35-49 (-0.32), skilled and unskilled employment (0.13), employed in agric. and allied sector (-0.50), employed in the services sector (0.10), incomplete secondary education (0.24), complete secondary education (0.28), household sized 6-10 persons (-0.12), >10 persons household size (-0.23). Conceited efforts should therefore be put in place by women agencies to enact policies that will help women to own more assets.
Keywords
Asset Ownership, Rural, Urban, South West, Women
To cite this article
Yetunde Olasimbo Mary Oladokun, Asset Ownership by Women in Urban and Rural South West Nigeria, Economics. Vol. 9, No. 2, 2020, pp. 21-26. doi: 10.11648/j.eco.20200902.11
Copyright
Copyright © 2020 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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