FACTORS AFFECTING SAVINGS AND INVESTMENT DECISIONS AMONG MAIZE FARMERS IN EKITI-STATE
This study analysed the factors affecting savings and investment decisions in Ekiti. Multi stage sampling technique was used to select 150 respondents for the study. Data was analysed using regression technique. The results showed that education, farming experience, farm size and net farm income had...
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| Formáid: | Online |
| Teanga: | Béarla |
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The Faculty of Agriculture Obafemi Awolowo University, Ile-Ife, Nigeria.
2020
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| Rochtain ar líne: | https://ija.oauife.edu.ng/index.php/ija/article/view/347 |
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| _version_ | 1810820069685460992 |
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| author | OKE, J. T. O. ADEYEMO , R. ADESIYAN , O. F. FADARE, O. A. |
| author_facet | OKE, J. T. O. ADEYEMO , R. ADESIYAN , O. F. FADARE, O. A. |
| author_sort | OKE, J. T. O. |
| collection | OJS |
| description | This study analysed the factors affecting savings and investment decisions in Ekiti. Multi stage sampling technique was used to select 150 respondents for the study. Data was analysed using regression technique. The results showed that education, farming experience, farm size and net farm income had positively and significant effect on farmers savings while investment was significantly affected by age, education level, farming experience, farm size, interest rate and net income. Thus, increasing maize production beyond the subsistent level will raise farm income and enhance savings and investment participation of the farmers in the study area. |
| format | Online |
| id | oai:ojs2.ija.oauife.edu.ng:article-347 |
| institution | My University |
| language | eng |
| publishDate | 2020 |
| publisher | The Faculty of Agriculture Obafemi Awolowo University, Ile-Ife, Nigeria. |
| record_format | ojs |
| spelling | oai:ojs2.ija.oauife.edu.ng:article-3472020-08-19T12:21:16Z FACTORS AFFECTING SAVINGS AND INVESTMENT DECISIONS AMONG MAIZE FARMERS IN EKITI-STATE OKE, J. T. O. ADEYEMO , R. ADESIYAN , O. F. FADARE, O. A. Savings and Investment, Maize farmers, Regression techniques and Ekiti State This study analysed the factors affecting savings and investment decisions in Ekiti. Multi stage sampling technique was used to select 150 respondents for the study. Data was analysed using regression technique. The results showed that education, farming experience, farm size and net farm income had positively and significant effect on farmers savings while investment was significantly affected by age, education level, farming experience, farm size, interest rate and net income. Thus, increasing maize production beyond the subsistent level will raise farm income and enhance savings and investment participation of the farmers in the study area. The Faculty of Agriculture Obafemi Awolowo University, Ile-Ife, Nigeria. 2020-08-19 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article https://ija.oauife.edu.ng/index.php/ija/article/view/347 Ife Journal of Agriculture; Vol. 27 No. 1 (2014): Ife Journal of Agriculture; 49-60 0331-6351 eng https://ija.oauife.edu.ng/index.php/ija/article/view/347/239 Copyright (c) 2020 Ife Journal of Agriculture |
| spellingShingle | Savings and Investment, Maize farmers, Regression techniques and Ekiti State OKE, J. T. O. ADEYEMO , R. ADESIYAN , O. F. FADARE, O. A. FACTORS AFFECTING SAVINGS AND INVESTMENT DECISIONS AMONG MAIZE FARMERS IN EKITI-STATE |
| title | FACTORS AFFECTING SAVINGS AND INVESTMENT DECISIONS AMONG MAIZE FARMERS IN EKITI-STATE |
| title_full | FACTORS AFFECTING SAVINGS AND INVESTMENT DECISIONS AMONG MAIZE FARMERS IN EKITI-STATE |
| title_fullStr | FACTORS AFFECTING SAVINGS AND INVESTMENT DECISIONS AMONG MAIZE FARMERS IN EKITI-STATE |
| title_full_unstemmed | FACTORS AFFECTING SAVINGS AND INVESTMENT DECISIONS AMONG MAIZE FARMERS IN EKITI-STATE |
| title_short | FACTORS AFFECTING SAVINGS AND INVESTMENT DECISIONS AMONG MAIZE FARMERS IN EKITI-STATE |
| title_sort | factors affecting savings and investment decisions among maize farmers in ekiti state |
| topic | Savings and Investment, Maize farmers, Regression techniques and Ekiti State |
| topic_facet | Savings and Investment, Maize farmers, Regression techniques and Ekiti State |
| url | https://ija.oauife.edu.ng/index.php/ija/article/view/347 |
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