International records / OpenAlex research

Determinants of Wealth and Socio-economic Status of Rural Households: An Application of Multinomial Logit Model to Soybean Farmers in Northern Nigeria

This study combined the qualitative and quantitative techniques of data collection and analyses. It used the card-sorting technique of wealth ranking to stratify 307 randomly selected soybean-farming households into wealth categories, examined the validity of the key informants’ wealth ranking as a way of assessing the socioeconomic status of rural farmers, and consequently investigated the factors that influenced households’ socioeconomic status using the empirical multinomial logistic regression model. Data on the explanatory and other standard economic variables were collected using structu…