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Analysis of the Impact of Income Diversification Strategies on Food Security Status of Rural Households in Bangladesh: A Case Study of Rajshahi District

Received: 4 October 2016    Accepted: 1 November 2016    Published: 7 January 2017
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Abstract

The strategy of income diversification has significant implication on the food security status of the rural farming households in Bangladesh. Income diversification has been identified as essential strategy for raising income and reducing rural poverty. The level and type of income diversification depends on the accessibility and availability of different income sources. Similarly the status of food security depends on average Kcal per day consumed by all members of a household. This paper examines the impact of income diversification on food security status of the rural farming households in Rajshahi district. For this purpose a survey was conducted in district Rajshahi of Northern Bangladesh covering three Upazilas with 138 households. The Simpson Index of Diversity (SID), Food Security Index and Binary Logistic Regression model are employed to analyze the data. To estimate the model data has been collected from sample households from three upazilas – Puthia, Paba and Mohonpur. The Simpson Index of Diversity (SID) is used to measure the extent of income diversification and the Food Security Index is used to measure the household food security status. The results of SID revealed that diversification of income sources (SID = 0.25) is very low and the value of the food security index is 0 to 1. It is also found that the mean value of FSI is 0.91 for the food insecure households whereas 1.06 is the mean value of FSI of food secure households. Three factors are found to be statistically significant which are age of household head, educational status of household and household size. The analysis found that income diversification has positive but insignificant impact on household food security status in the study area. Finally, the obtained results have important policy implications which imply that programs targeted to engage people in other income generating activities would augment their income sources which are made to increase the food security status of household level in Bangladesh.

Published in American Journal of Theoretical and Applied Business (Volume 2, Issue 4)
DOI 10.11648/j.ajtab.20160204.13
Page(s) 46-56
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This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Income Diversification, Food Security Index, Rural Households, Logistic Regression, Northern Bangladesh

References
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    Tithy Dev, Naznin Sultana, Md. Elias Hossain. (2017). Analysis of the Impact of Income Diversification Strategies on Food Security Status of Rural Households in Bangladesh: A Case Study of Rajshahi District. American Journal of Theoretical and Applied Business, 2(4), 46-56. https://doi.org/10.11648/j.ajtab.20160204.13

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    Tithy Dev; Naznin Sultana; Md. Elias Hossain. Analysis of the Impact of Income Diversification Strategies on Food Security Status of Rural Households in Bangladesh: A Case Study of Rajshahi District. Am. J. Theor. Appl. Bus. 2017, 2(4), 46-56. doi: 10.11648/j.ajtab.20160204.13

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    Tithy Dev, Naznin Sultana, Md. Elias Hossain. Analysis of the Impact of Income Diversification Strategies on Food Security Status of Rural Households in Bangladesh: A Case Study of Rajshahi District. Am J Theor Appl Bus. 2017;2(4):46-56. doi: 10.11648/j.ajtab.20160204.13

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  • @article{10.11648/j.ajtab.20160204.13,
      author = {Tithy Dev and Naznin Sultana and Md. Elias Hossain},
      title = {Analysis of the Impact of Income Diversification Strategies on Food Security Status of Rural Households in Bangladesh: A Case Study of Rajshahi District},
      journal = {American Journal of Theoretical and Applied Business},
      volume = {2},
      number = {4},
      pages = {46-56},
      doi = {10.11648/j.ajtab.20160204.13},
      url = {https://doi.org/10.11648/j.ajtab.20160204.13},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajtab.20160204.13},
      abstract = {The strategy of income diversification has significant implication on the food security status of the rural farming households in Bangladesh. Income diversification has been identified as essential strategy for raising income and reducing rural poverty. The level and type of income diversification depends on the accessibility and availability of different income sources. Similarly the status of food security depends on average Kcal per day consumed by all members of a household. This paper examines the impact of income diversification on food security status of the rural farming households in Rajshahi district. For this purpose a survey was conducted in district Rajshahi of Northern Bangladesh covering three Upazilas with 138 households. The Simpson Index of Diversity (SID), Food Security Index and Binary Logistic Regression model are employed to analyze the data. To estimate the model data has been collected from sample households from three upazilas – Puthia, Paba and Mohonpur. The Simpson Index of Diversity (SID) is used to measure the extent of income diversification and the Food Security Index is used to measure the household food security status. The results of SID revealed that diversification of income sources (SID = 0.25) is very low and the value of the food security index is 0 to 1. It is also found that the mean value of FSI is 0.91 for the food insecure households whereas 1.06 is the mean value of FSI of food secure households. Three factors are found to be statistically significant which are age of household head, educational status of household and household size. The analysis found that income diversification has positive but insignificant impact on household food security status in the study area. Finally, the obtained results have important policy implications which imply that programs targeted to engage people in other income generating activities would augment their income sources which are made to increase the food security status of household level in Bangladesh.},
     year = {2017}
    }
    

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  • TY  - JOUR
    T1  - Analysis of the Impact of Income Diversification Strategies on Food Security Status of Rural Households in Bangladesh: A Case Study of Rajshahi District
    AU  - Tithy Dev
    AU  - Naznin Sultana
    AU  - Md. Elias Hossain
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    PY  - 2017
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    DO  - 10.11648/j.ajtab.20160204.13
    T2  - American Journal of Theoretical and Applied Business
    JF  - American Journal of Theoretical and Applied Business
    JO  - American Journal of Theoretical and Applied Business
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    PB  - Science Publishing Group
    SN  - 2469-7842
    UR  - https://doi.org/10.11648/j.ajtab.20160204.13
    AB  - The strategy of income diversification has significant implication on the food security status of the rural farming households in Bangladesh. Income diversification has been identified as essential strategy for raising income and reducing rural poverty. The level and type of income diversification depends on the accessibility and availability of different income sources. Similarly the status of food security depends on average Kcal per day consumed by all members of a household. This paper examines the impact of income diversification on food security status of the rural farming households in Rajshahi district. For this purpose a survey was conducted in district Rajshahi of Northern Bangladesh covering three Upazilas with 138 households. The Simpson Index of Diversity (SID), Food Security Index and Binary Logistic Regression model are employed to analyze the data. To estimate the model data has been collected from sample households from three upazilas – Puthia, Paba and Mohonpur. The Simpson Index of Diversity (SID) is used to measure the extent of income diversification and the Food Security Index is used to measure the household food security status. The results of SID revealed that diversification of income sources (SID = 0.25) is very low and the value of the food security index is 0 to 1. It is also found that the mean value of FSI is 0.91 for the food insecure households whereas 1.06 is the mean value of FSI of food secure households. Three factors are found to be statistically significant which are age of household head, educational status of household and household size. The analysis found that income diversification has positive but insignificant impact on household food security status in the study area. Finally, the obtained results have important policy implications which imply that programs targeted to engage people in other income generating activities would augment their income sources which are made to increase the food security status of household level in Bangladesh.
    VL  - 2
    IS  - 4
    ER  - 

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Author Information
  • Department of Economics, University of Rajshahi, Rajshahi, Bangladesh

  • Institute of Bangladesh Studies, University of Rajshahi, Rajshahi, Bangladesh

  • Department of Economics, University of Rajshahi, Rajshahi, Bangladesh

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