Ấn phẩm
Application of A Probit Model in Assessing Determinants of Formal Financial Saving Behavior of Rural Households: The Case of Sinana District, Ethiopia
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Tóm tắt
This paper assesses determinants of formal fiancial saving behavior of rural households in Sinana district, Ethiopia. A random sample of 267 rural households was selected from four rural kebeles of the district. The study used both a descriptive statistics and econometric model for the analysis of primary data. The descriptive result shows that the average annual income of the respondents was found to be 55,260 ETB. Accordingly, 47.6% of the sampled households practiced a formal fiancial form of saving. The result of the Probit model depicts that the probability of practicing formal fiancial saving is positively and signifiantly inflenced by the education status of household head, annual income, annual expenditure and access to extension services. On the other hand, distance from the nearest formal fiancial institution negatively and signifiantly inflenced the probability of practicing formal fiancial saving. Therefore, interference of government and policy makers is needed to promote the awareness of rural communities about the importance of formal fiancial saving behavior
Mô tả
international business administration
Tác giả
Mekonin Abera Negeri
Tác giả khác
Người hướng dẫn
Nơi xuất bản
Nhà xuất bản
Kinh Tế Quốc Dân
Năm xuất bản
2018
ISSN tạp chí
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Từ khóa chủ đề
Formal fiancial saving , households , probit model , sinana district , Ethiopia
