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Shocks and Coping Strategies of Rural Households: Evidence from Ogo-Oluwa Local Government, Oyo State, Nigeria

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  • Olalekan, Olawuyi Seyi
  • Olapade-Ogunwole, Fola
  • Raufu, Mufutau Oyedapo

Abstract

Rural households in Nigeria are vulnerable to shock because of their limited capacity to make informed decision on secured coping strategies which is further aggravated by some households’ specific socio-economic characteristics. Attempts were made to identify shocks being faced by households’ heads and coping strategies. Multistage sampling technique was used to select 80 respondents and well structured questionnaire was used to collect data through in-depth interview. Data were analysed using descriptive statistics to describe households’ socio- economic variables; Probit analysis was also used to determine the relationship between personal socio-economic characteristics of the respondents, shocks and choice of coping actions. The results revealed that a large share of households experience multidimensional shocks, which are mainly associated to ecological but also suffer from other economic, demographic and social factors. Majority of households undertake coping actions in response to shocks; coping strategies employed but not limited to include borrowing, distress sales of assets, remittances, adjustment in food intake, drawing on savings. Educational status, household size, per capita income, shocks type, coping strategies, among others are found to significantly affect the choice of coping actions and are likely to have implications for households’ future welfare status.

Suggested Citation

  • Olalekan, Olawuyi Seyi & Olapade-Ogunwole, Fola & Raufu, Mufutau Oyedapo, 2011. "Shocks and Coping Strategies of Rural Households: Evidence from Ogo-Oluwa Local Government, Oyo State, Nigeria," International Journal of Agricultural Management and Development (IJAMAD), Iranian Association of Agricultural Economics, vol. 1(4), pages 1-8, December.
    • Handle: RePEc:ags:ijamad:147569
    DOI: 10.22004/ag.econ.147569
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    References listed on IDEAS

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    1. Ronald Mendoza, 2009. "Aggregate Shocks, Poor Household and Children: Transmission Channels and Policy Responses," Working papers 0901, UNICEF,Division of Policy and Strategy.
    2. Sushil Pandey & Humnath Bhandari & Shijun Ding & Preeda Prapertchob & Ramesh Sharan & Dibakar Naik & Sudhir K. Taunk & Asras Sastri, 2007. "Coping with drought in rice farming in Asia: insights from a cross‐country comparative study," Agricultural Economics, International Association of Agricultural Economists, vol. 37(s1), pages 213-224, December.
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    1. Mukaramah Harun, 2020. "Relationship between Type of Risks and Income of the Rural Households in the Pattani Province of Thailand," Papers 2001.03046, arXiv.org.
    2. Victoria Kudaisi, Bosede & Akanni Olomola, Philip, 2021. "Effects Of Income Shock On Consumption Among Public Workers In Southwest Nigeria: Evidence From The 2016-2018 Economic Crisis," Ilorin Journal of Economic Policy, Department of Economics, University of Ilorin, vol. 8(2), pages 65-88, June.

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