Analysis of Agricultural Wages, Trade Income and Income Inequality in Rural Nigeria
Analysis of Agricultural Wages, Trade Income and Income Inequality in Rural Nigeria

Analysis of Agricultural Wages, Trade Income and Income Inequality in Rural Nigeria

Summary/Abstract: Apart from determining the sources of income inequality, this study analyzes the extent agricultural wages and trade income contributes to income inequality in rural Nigeria. Findings show high income inequality with a Gini coefficient of 0.51. Also the sources of income inequality were mostly trade and agricultural incomes, with a share of income of 42.7% and 30.9% respectively in total inequality. The share of income from wages and salaries in total income was found to be 26.4%. Trade income was found to be inequality-dampening, while agriculture income is inequality-enhancing, suggesting that trade income and agricultural wages are major contributors of income inequality in rural Nigeria

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