Investigating Endogeneity Effects of Social Capital on Household Welfare in Nigeria: A Control Function Approach

This study examined the relationship between social capital and household welfare. Primary data was collected from 300 households in the rural southwest of Nigeria. The age of respondents; sex, education, marital status, household size and farming status make a significant contribution to changes in household welfare. Also, the decision making index and meeting attendance are statistically significant and both are positively and negatively related to household welfare, respectively. Results of the two stage least square reveal the exogeneity of social capital. However, the use of the control function model indicates that social capital is truly endogenous to household welfare due to non-linear interactions between social capital and unobservable variables.


Issue Date:
2012-02
Publication Type:
Journal Article
DOI and Other Identifiers:
ISSN 0049-8599 (Other)
PURL Identifier:
http://purl.umn.edu/155473
Published in:
Quarterly Journal of International Agriculture, Volume 51, Number 1
Page range:
73-96
Total Pages:
24
JEL Codes:
I31
Series Statement:
Quarterly Journal of International Agriculture 51 (2012)
1




 Record created 2017-04-01, last modified 2017-08-27

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