Migrant Remittances, Savings and Investments Among Rural Farm Households in Abia State, Nigeria

Iheke, O. R.; Aniocha, Chisom Mary

doi:10.1166/jnef.2017.1156

Cited by 5 publications

(3 citation statements)

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“…Studies report remittances have a positive impact on domestic savings and they can significantly influence a household's propensity to save (Nkoobe, 2019;Maruf and Muzib, 2017;Iheke and Aniocha, 2017). It can supplement domestic investment funds to enhance the capacity of the economy to grow (Adeoye, 2020;Joshi et al, 2019;Hafeez et al, 2017).…”

Section: Introductionmentioning

confidence: 99%

Remittances and households’ savings behaviour in Bangladesh

Salahuddin

Masud

Teng

2021

SBR

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Purpose The purpose of this study is to examine the impact of remittance inflow on households’ savings behaviour in Bangladesh. Remittances are considered as the countercyclical flow of income for its recipient economies. It surges the liquidity of the households receiving remittances, allows them to endure local economic shocks and facilitates them to practice productive activities. Remittances often form a big pool of resources for investment which complement the national savings and support the country’s growth through higher rates of capital accumulation. Therefore, if a significant portion of the remittance is used for savings it can lead to prominent economic growth in the long term. Design/methodology/approach Existing literature indicates remittance-receiving households have a greater propensity to use remittance income to meet basic consumption. However, based on the survey conducted by the Bangladesh Bureau of Statistics on remittances and household savings (SIR, 2016) and using the ordinary least square regression analysis method, to identify the connection between remittances and household’s saving (SIR, 2016) and using the ordinary least square regression analysis method, to identify the connection between remittances and household’s savings behaviour in Bangladesh. Findings The findings of this study represent remittances encourage households to pursue different kinds of savings in Bangladesh. Savings are made in the form of opening savings accounts, deposit pension scheme/fixed deposits/Bonds, insurance policies, also savings through non-governmental organizations, cooperative societies and savings at home. Other than remittances the demographic characteristics of the household head also influence the savings choices. Originality/value To enable the implementation of appropriate policies to boost savings, analysis from both perspectives; the household and the national level, requires strong vigilance and surveillance.

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Section: Introductionmentioning

confidence: 99%

Remittances and households’ savings behaviour in Bangladesh

Salahuddin

Masud

Teng

2021

SBR

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“…Food security is greatly influenced by the production levels of food items grown on farms and the production level is linked to farmers' decisions on the use of key inputs inter alia land, water, seed, fertilizer, and labor, which can best be evaluated through efficiency measures-technical, economic, and allocative efficiencies [17]. Iheke and Onyendi, [17] further noted, in the case of Nigeria, that food insecurity is widespread within agricultural households and achieving food security will remain challenging without effectively addressing inefficiencies in production and resource allocation. Similarly, refs.…”

Section: Farm Efficiency and Food Security: A Brief Survey Of The Lit...mentioning

confidence: 99%

Roles of Personal, Household, Physical, and Institutional Factors on Farmers’ Efficiency of Hybrid Maize Production: Implications for Food Security

Akhtar,

Abbas,

Faisal

et al. 2023

Agriculture

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This study explored the multifaceted factors influencing the efficiency of hybrid maize production and investigated the possible implications for food security. The study adopted a comprehensive approach, examining personal, household, physical, and institutional factors that affect farmers’ productivity. Findings revealed the technical, allocative, and economic efficiencies through a combination of field surveys, data analysis, and econometric modeling. The mean technical, allocative, and economic efficiency scores for the sampled farms were 0.89, 0.66, and 0.59, respectively. Moreover, the result of Tobit regression analysis showed high significance of all three efficiencies. The significant factors associated with technical efficiency were farm size, age of farm household, maize farming experience, maize farming area, distance from the farm to the main market, number of visits by extension workers, credit access, and Okara district. In addition, the number of visits by extension workers, districts (Sahiwal and Okara), age of farmers, maize farming experience, and regional disparity (Sahiwal district) had substantial influences on allocative and economic inefficiencies in the hybrid maize-growing farms. Policymakers and agricultural stakeholders can develop focused strategies to improve farmers’ productivity and overall food security by identifying the key factors associated with hybrid maize production. Tailored interventions that address knowledge gaps, improve resource allocation, and provide improved institutional support can help make food systems more sustainable and resilient.

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“…Remittances were another important factor affecting farmland abandonment in the mountain region of Nepal. Regular cash flow from remittances and pensions (from retirement) have been a traditional and important feature of rural existence [45]. The majority of household incomes were collected from remittances and spent on daily basic needs such as education, health, food and more [46].…”

Section: Determining Driving Factors Of Farmland Abandonmentmentioning

confidence: 99%

Social Impact of Farmland Abandonment and Its Eco-Environmental Vulnerability in the High Mountain Region of Nepal: A Case Study of Dordi River Basin

et al. 2018

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The abandonment of farmland is a phenomenon that shows the deterioration of the physical and social landscape. It is widespread across the mountainous region of Nepal and is expected to further increase in the future. The aim of this study is to: (i) determine the driving factors of farmland abandonment; (ii) discuss its impact on social systems in terms of social networks, relations, practices; and (iii) assess the eco-environmental vulnerability of abandoned farmlands in the high mountain region of Nepal. The authors apply household surveys, focus group discussions and in-depth key informant interviews to visualize the social landscape and changes therein, thus establishing an existing history of mountain societies, social systems and management practices. Moreover, Google Earth Images and Low Height Remote Sensing Survey (UAV) are also used to observe geomorphic processes and the modification of the abandoned farmland and its characteristics. The Multivariate Linear Regression (MLR) model is run using SPSS revealing eight variables; mountain road accessibility, farm distance from residence, household size, household head age, landowner's living place, ownership of farmland, salary and business and remittances are major factors determining the process of farmland abandonment in the region. Farmers' social practices such as (i) an indigenous labor exchange system "Parma," (ii) a traditionally managed irrigation system, (iii) a drinking water supply system, (iv) social practices, rituals, festive events, (v) an indigenous governance system, practices and some existing infrastructures (schools, banks, health, post, temples and more) are going to disappear as a process of abandonment. The decline in individual as well as social participation in land management practices have increased exotic vegetation and soil loss processes, modifying the physical characteristics of abandoned farmlands. Thus, this knowledge is vital for understanding appropriate social processes, natural resources and environmental management.

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Migrant Remittances, Savings and Investments Among Rural Farm Households in Abia State, Nigeria

Cited by 5 publications

References 0 publications

Remittances and households’ savings behaviour in Bangladesh

Remittances and households’ savings behaviour in Bangladesh

Roles of Personal, Household, Physical, and Institutional Factors on Farmers’ Efficiency of Hybrid Maize Production: Implications for Food Security

Social Impact of Farmland Abandonment and Its Eco-Environmental Vulnerability in the High Mountain Region of Nepal: A Case Study of Dordi River Basin

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