Economic Intuition to Social Capital: Household Evidence from Jimma Zone, South-West Ethiopia
The notion of social capital is noble in social science literatures and recently getting noteworthy attention in economics. Its economic relevance has also been well documentedin empirical studies. In this paper, we established relationshipsbetween the stock of household social capital and annual ne...
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Universitas Muhammadiyah Yogyakarta
2020
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oai:doaj.org-article:a0cbd50059c54df3a536f4b2b12c86692021-12-02T14:00:42ZEconomic Intuition to Social Capital: Household Evidence from Jimma Zone, South-West Ethiopia10.18196/agr.61922407-814Xhttps://doaj.org/article/a0cbd50059c54df3a536f4b2b12c86692020-08-01T00:00:00Zhttps://journal.umy.ac.id/index.php/ag/article/view/9117/5499https://doaj.org/toc/2407-814XThe notion of social capital is noble in social science literatures and recently getting noteworthy attention in economics. Its economic relevance has also been well documentedin empirical studies. In this paper, we established relationshipsbetween the stock of household social capital and annual net income following approach for binary logit. Besides, we examined the relative economic importance of general viz special stocks of social capital. Statistical requirements with logistic regression were all tested robust. Consequently, the effectof social capital stock on household economy has found substantial. Of the two distinct forms, the special facet of social capital was found better and significant contributor to householdeconomy. However,the general aspect was suggested insignificantasit was not meaningfully interpreted in the household economic network.Thus, a wise household need to appropriate the general to special social capital establishment, since every additional stock of the later could be meant to considerablyhelp own welfare.Minyahil Alemu HaileSisay Tola WhakeshumUniversitas Muhammadiyah Yogyakartaarticlehousehold economyjimma zonelogistic analysissocial capital stockAgricultureSAgriculture (General)S1-972BusinessHF5001-6182ENAgraris: Journal of Agribusiness and Rural Development Research, Vol 6, Iss 1, Pp 74-92 (2020) |
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household economy jimma zone logistic analysis social capital stock Agriculture S Agriculture (General) S1-972 Business HF5001-6182 |
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household economy jimma zone logistic analysis social capital stock Agriculture S Agriculture (General) S1-972 Business HF5001-6182 Minyahil Alemu Haile Sisay Tola Whakeshum Economic Intuition to Social Capital: Household Evidence from Jimma Zone, South-West Ethiopia |
description |
The notion of social capital is noble in social science literatures and recently getting noteworthy attention in economics. Its economic relevance has also been well documentedin empirical studies. In this paper, we established relationshipsbetween the stock of household social capital and annual net income following approach for binary logit. Besides, we examined the relative economic importance of general viz special stocks of social capital. Statistical requirements with logistic regression were all tested robust. Consequently, the effectof social capital stock on household economy has found substantial. Of the two distinct forms, the special facet of social capital was found better and significant contributor to householdeconomy. However,the general aspect was suggested insignificantasit was not meaningfully interpreted in the household economic network.Thus, a wise household need to appropriate the general to special social capital establishment, since every additional stock of the later could be meant to considerablyhelp own welfare. |
format |
article |
author |
Minyahil Alemu Haile Sisay Tola Whakeshum |
author_facet |
Minyahil Alemu Haile Sisay Tola Whakeshum |
author_sort |
Minyahil Alemu Haile |
title |
Economic Intuition to Social Capital: Household Evidence from Jimma Zone, South-West Ethiopia |
title_short |
Economic Intuition to Social Capital: Household Evidence from Jimma Zone, South-West Ethiopia |
title_full |
Economic Intuition to Social Capital: Household Evidence from Jimma Zone, South-West Ethiopia |
title_fullStr |
Economic Intuition to Social Capital: Household Evidence from Jimma Zone, South-West Ethiopia |
title_full_unstemmed |
Economic Intuition to Social Capital: Household Evidence from Jimma Zone, South-West Ethiopia |
title_sort |
economic intuition to social capital: household evidence from jimma zone, south-west ethiopia |
publisher |
Universitas Muhammadiyah Yogyakarta |
publishDate |
2020 |
url |
https://doaj.org/article/a0cbd50059c54df3a536f4b2b12c8669 |
work_keys_str_mv |
AT minyahilalemuhaile economicintuitiontosocialcapitalhouseholdevidencefromjimmazonesouthwestethiopia AT sisaytolawhakeshum economicintuitiontosocialcapitalhouseholdevidencefromjimmazonesouthwestethiopia |
_version_ |
1718392217698041856 |