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Nsikak-Abasi A. Etim

Department of Agricultural Economics and Extension, University of Uyo, Akwa Ibom State, Nigeria

Author-ID : 5878054

Economics, Econometrics & Finance

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Articles

Robustness of the Poverty Measures: Evidence from Farm Households in Akwa Ibom State, Nigeria Nsikak-Abasi A. Etim; Obasi O. Ukoha
Journal of Social Commerce Vol. 1 No. 1 (2021): Journal of Social Commerce
Publisher : Celebes Scholar pg

The use of a plethora of poverty indexes is sometimes fraught with difficulties. The purpose of this research was to quantitatively assess poverty and to examine the robustness of the poverty metrics. Selecting representative farm homes required a multistage sample technique, which was implemented. A total of 150 rural homes were surveyed using questionnaires. Stochastic dominance and the weighted poverty measures of Foster, Greer and Thorbecke were used in this work to examine the weighted poverty measures' resilience and sensitivity to changes in the poverty line. According to the findings, as people become older and their families get larger, the likelihood, severity, and depth of poverty increases. An asymptotic sampling distribution was utilized to infer whether poverty was larger across a variety of hypothetical poverty lines by stochastic dominance analysis. First-order stochastic dominance was found, with the Cumulative Distribution Function (CDF) of households headed by people over 60 years old lying totally above the other distribution functions (CDFs). The CDF of single families was lower than the CDF of married households, according to the findings. At any poverty level, the CDF of families with more than 10 household members stochastically dominated those with fewer family members. Many households will be lifted out of poverty if poverty-reduction initiatives are targeted at those over 60 and those with big families.

Entrepreneurial Orientation and the Performance of the Agro-allied Enterprises in Akwa Ibom State, Nigeria Nsikak-Abasi A. Etim; Edet J. Udoh; Enobong E. King
Journal of Social Commerce Vol. 2 No. 1 (2022): Journal of Social Commerce
Publisher : Celebes Scholar pg

It is widely recognized that Small and Medium Enterprises (SMEs) are the major drivers of sustainable economic growth, sources of income generation and panacea for poverty reduction in developing countries. Unfortunately, they are faced with numerous challenges that threaten their existence and survival. This precarity of small entrepreneurial organizations in entrepreneurial ecosystem has prompted widespread attention by scholars and researchers. Hence, it is critical to take into consideration examining the performance of the enterprises. This study analyzed the effect of entrepreneurial orientation dimensions, personal and institutional characteristics on the performance of small and medium agro allied enterprises. Through the multistage sampling procedure, a total of 198 SMEs were selected for the study and data were collected with the aid of questionnaire. Data were analyzed using multiple regression analysis. Results revealed that among the entrepreneurial orientation dimensions, only risking taking and innovativeness significantly and positively affected the performance of SMEs agro allied enterprises. Furthermore, findings showed that except for size of business which was negatively related to the growth of SMEs, educational level of entrepreneurs, managerial and business experience positively and significantly impacted on the performance of SMEs. Policies to encourage SMEs invest in risky investments and create new product and services should be pursued.

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