Suchergebnisse

Despite a number of studies around the world focusing on the role of remittances in households' livelihood, this topic has not been well documented in Nigeria. To fill this gap, this study examines the influence of remittances on self-employment status and welfare among recipient Nigerian households using data from Migration and Remittances Household Surveys conducted by the World Bank in 2009 and 2010. Results find that remittances decreased the probability of recipients being self-employed by 28.4 percent. In addition, per capita expenditures of recipient households were ₦80,695.25 (equivalent to USD 536.77) compared to ₦35,865.77 for non-recipient households; in other words, recipient households had 92.3 percent higher per capita expenditures than non-recipients. Based on these results, a public enlightenment campaign on the need to invest remittances, trainings to build households' entrepreneurial skills, and supportive government business promotion policies are recommended. Full Paper ; Non-PR ; IFPRI1; AGRODEP ; MTID

Domestic policies in Nigeria have been linked to high, volatile, and rising food prices in the country. In light of these linkages, this paper empirically examines the transmission of key monetary policy variables to domestic food prices and the resulting welfare impacts. Estimates of policy-induced price changes from estimated cointegrating relations between commodity prices and policy variables as well as demand elasticities from estimated quadratic almost ideal demand system (QUAIDS) of households' consumption expenditures, were employed to estimate the welfare impact (compensating variation) of the policy-induced price changes. The study found that government management of exchange rates and money supplies as well as withdrawal of subsidies on petroleum products have been the main driver of rising food prices in the country. While the average farm household benefited from these price increases, with the mean (median) compensating variation estimated -7.8% (-0.2%) of the household budget, a sizeable proportion (44.1 – 55.5%) of the households suffered welfare losses from various policy induced price changes. These include, notably households of smallholders (14.3 – 84.2%) and female-headed households (34.1 – 62.8%). Overall, while domestic policy actions relating to money supply and subsidy removal were Kaldor–Hicks efficient, exchange rate devaluation was not. ; Non-PR ; IFPRI1; AGRODEP ; MTID