Influence of credit access on the total sales of household non-farm enterprises in Nigeria: evidence from binary logit regression

Ojonta, Obed I.

doi:10.1504/ijebr.2022.10038249

Cited by 2 publications

(3 citation statements)

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“…This also implies that buying soap to wash hands during pandemic is an important driver of work operation by NHEs in Nigeria. This result is consistent with studies conducted by Ojonta ( 2023 ). This study has shown that the COVID-19 pandemic and coping strategy of washing hand with soap are significant factors that influence the work operation by nonfarm household enterprise in Nigeria both negative and positive, respectively.…”

Section: The Results and Conclusionsupporting

confidence: 94%

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The influence of COVID-19 pandemic and coping strategies on work operation of nonfarm household enterprises in Nigeria

Obiefuna

Ojonta

Ogbuabor

2023

Environ Dev Sustain

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The purpose of this study is to investigate how COVID-19 pandemic including some coping strategies such as hand wash with soap and food consumption influences work operation or performance of nonfarm household enterprises (NHEs) in Nigeria using 2020 Living Standard Measurement Survey data of 1728 sample size. This study departs from existing study in two ways: first, the study employs multinomial logistic regression technique to ascertain the determinants of work performance of nonfarm household enterprises in Nigeria. Second, the study focuses on nonfarm enterprises such as petty trade, road side automobile and cab drivers. The results show that COVID-19 pandemic is significant with negative influence on the work operation of NHEs in Nigeria. The result of the study also reveals that coping strategy such as hand wash with soap during the pandemic is an important driver of work performance or operation of NHEs in Nigeria. Another coping strategy like food consumption by nonfarm household enterprises shows insignificant influence on work operation which implies that there is no relationship between food consumption and work operation by NHEs in Nigeria. The policy recommendation of this study, among others, is that policies should focus on procurement of sanitary material for public use. This can be achieved through public sensitisation in terms of organising workshops and conferences.

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Section: The Results and Conclusionsupporting

confidence: 94%

“…Such increase in unemployment was found to have caused a huge decline of output production in micro, small and medium enterprises (MSMEs). Such increase in unemployment is blamed on inadequacies of work operation by enterprises (Ojonta, 2023 ).…”

Section: Introductionmentioning

confidence: 99%

The influence of COVID-19 pandemic and coping strategies on work operation of nonfarm household enterprises in Nigeria

Obiefuna

Ojonta

Ogbuabor

2023

Environ Dev Sustain

View full text Add to dashboard Cite

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“…These endowments including consistent improvement on gross domestic product overtime would have guaranteed household in Nigeria a purchasing decision and adequate delayed payment obligation. This has caused a serious worry in terms of stagnation in various business activities and slow in business expansion (Ojonta, 2023). Haughwout et al (2009) also attest to the fact and established that the purchase decision can be harnessed as a means of understanding how buyers think, feel, and decide businesses.…”

Section: Introductionmentioning

confidence: 99%

The Influence of Delayed Payment Obligation on Purchase Decision of Household: Evidence from Nigerian Data

Ojonta

2022

Unisia

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The purpose of this study is to examine how delayed payment obligation influences household purchase decision in Nigeria. Unlike the large of existing studies, this study used binary regression model estimation and draws a dataset of 2019 General Household Survey with sample size of 2911 household for the analysis. The stylized facts from the dataset revealed more share of rural household than their counterparts in urban household. Interestingly, the results show that delayed payment obligation is positive and significantly influence purchase decision of household in Nigeria. But when the household is disaggregated into rural and urban household, the result shows that some household that barrowed from friends and family and household that reduced food consumption expenditure have positive and significant influence on purchase decision in both rural and urban household while household that received assistance from friends and family has positive and significant influence on purchase decision by rural household. This study recommends delayed payment obligation for important factor to drive purchase decision by household. This could be achieved through policy formulation that will promote delayed payment obligation.

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Influence of credit access on the total sales of household non-farm enterprises in Nigeria: evidence from binary logit regression

Cited by 2 publications

References 0 publications

The influence of COVID-19 pandemic and coping strategies on work operation of nonfarm household enterprises in Nigeria

The influence of COVID-19 pandemic and coping strategies on work operation of nonfarm household enterprises in Nigeria

The Influence of Delayed Payment Obligation on Purchase Decision of Household: Evidence from Nigerian Data

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