Effect of Socioeconomic Characteristics and Income Status on Onion Farmers Risk Attitude in Sokoto State, Nigeria

The study evaluates the effect of the socioeconomic variables and income on farmers risk attitude in Sokoto State. Data were elicited with the use of a structured questionnaire. The primary data used were obtained from structured questionnaire administered to 120 randomly selected farmers. Binary Lo...

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Main Authors: Ayinde Opeyemi Eyitayo, Obalola Tohib Oyeyode
Format: Article
Language:English
Published: Sciendo 2017-09-01
Series:Agricultura Tropica et Subtropica
Subjects:
Online Access:https://doi.org/10.1515/ats-2017-0015
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author Ayinde Opeyemi Eyitayo
Obalola Tohib Oyeyode
author_facet Ayinde Opeyemi Eyitayo
Obalola Tohib Oyeyode
author_sort Ayinde Opeyemi Eyitayo
collection DOAJ
description The study evaluates the effect of the socioeconomic variables and income on farmers risk attitude in Sokoto State. Data were elicited with the use of a structured questionnaire. The primary data used were obtained from structured questionnaire administered to 120 randomly selected farmers. Binary Logistic regression model was used in the analysis of data. The results showed that farmers’ age, farm size and access to extension service significantly influenced the farmers’ risk attitude. These were found to be statistically significant at (P < 0.05) level. The study therefore suggests that there is an apparent need for serious extension work to raise the awareness level of the farmers and to identify solutions to their problems as well as suggest ways on how such solutions can be achieved.
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spelling doaj.art-b6c1dd633ecd4e009f8b086be3c89a6f2023-05-29T09:43:55ZengSciendoAgricultura Tropica et Subtropica1801-05712017-09-0150314114610.1515/ats-2017-0015Effect of Socioeconomic Characteristics and Income Status on Onion Farmers Risk Attitude in Sokoto State, NigeriaAyinde Opeyemi Eyitayo0Obalola Tohib Oyeyode1Department of Agricultural Economics and Farm Management, University of Ilorin, P.M.B. 1515, Ilorin, NigeriaDepartment of Agricultural Economics, Usmanu Danfodiyo University, P.M.B. 2346, Sokoto, NigeriaThe study evaluates the effect of the socioeconomic variables and income on farmers risk attitude in Sokoto State. Data were elicited with the use of a structured questionnaire. The primary data used were obtained from structured questionnaire administered to 120 randomly selected farmers. Binary Logistic regression model was used in the analysis of data. The results showed that farmers’ age, farm size and access to extension service significantly influenced the farmers’ risk attitude. These were found to be statistically significant at (P < 0.05) level. The study therefore suggests that there is an apparent need for serious extension work to raise the awareness level of the farmers and to identify solutions to their problems as well as suggest ways on how such solutions can be achieved.https://doi.org/10.1515/ats-2017-0015production constraintsdeterminants of risk-aversionbinary logisticsvegetable crops
spellingShingle Ayinde Opeyemi Eyitayo
Obalola Tohib Oyeyode
Effect of Socioeconomic Characteristics and Income Status on Onion Farmers Risk Attitude in Sokoto State, Nigeria
Agricultura Tropica et Subtropica
production constraints
determinants of risk-aversion
binary logistics
vegetable crops
title Effect of Socioeconomic Characteristics and Income Status on Onion Farmers Risk Attitude in Sokoto State, Nigeria
title_full Effect of Socioeconomic Characteristics and Income Status on Onion Farmers Risk Attitude in Sokoto State, Nigeria
title_fullStr Effect of Socioeconomic Characteristics and Income Status on Onion Farmers Risk Attitude in Sokoto State, Nigeria
title_full_unstemmed Effect of Socioeconomic Characteristics and Income Status on Onion Farmers Risk Attitude in Sokoto State, Nigeria
title_short Effect of Socioeconomic Characteristics and Income Status on Onion Farmers Risk Attitude in Sokoto State, Nigeria
title_sort effect of socioeconomic characteristics and income status on onion farmers risk attitude in sokoto state nigeria
topic production constraints
determinants of risk-aversion
binary logistics
vegetable crops
url https://doi.org/10.1515/ats-2017-0015
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