Comparative Analysis of Household Savings Behaviour in Rural and Urban Area of Nigeria
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Date
2011
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School of Management and Social Sciences, Babcock University, Ilisan-Remo
Abstract
Sustained economic growth is determined by domestic financial saving mobilization. The Nigerian's performance with regard to domestic financial saving mobilization has been very poor over the last three decades. To this extent, this study focused on the analysis of the Household Savings behaviour in Nigeria using micro level data of the Household income and expenditure survey (HIES) for the period between 2009/2010. Three different non-linear saving functions attributed to Keynes, Klein and Landau were estimated separately for the urban and the rural households, using the Ordinary least Squares (OLS) techniques.
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Household income/savings behaviour, urban and rural areas