Cassava’s adaptability to different agroecological conditions, high yield, as well as its ability to thrive under harsh climatic conditions, makes it an essential food security crop. In South Africa, the cassava value chain is currently uncoordinated and underdeveloped, with a couple of smallholder farmers growing the crop for household consumption and as a source of income. Other farmers regard it as a secondary crop and hardly any producers grow it for industrial purposes. Hence, this study sought to analyze the determinants of household participation in the cassava value chain in South Africa. The study employed the multivariate probit model to analyze the determinants of household participation in the cassava value chain in South Africa, using a primary dataset collected through a simple sample method from smallholder farmers in KwaZulu-Natal, Mpumalanga, and Limpopo provinces. Results show that livestock ownership has a positive and significant effect on the likelihood of farmers participating in the value chain by growing cassava for household food consumption. Also, findings reveal that hiring labour in cassava production and an increase in the yield during the previous season increases the probability of farmers’ interest in selling cassava tubers along the value chain. Hence, the positive and statistically significant influence of hiring labour during cassava production in driving the farmers’ interest in selling cassava tubers and cuttings implies that the development of the cassava value chain presents great opportunities for creating jobs (employment) in the country. Also, policy interventions that ensure land tenure security and empower farmers to increase their cassava yields are bound to encourage further participation in the value chain with an interest in selling fresh tubers, among other derived products to generate income. Lastly, programmes that empower and encourage youth participation in the cassava value chain can increase the number of farmers interested in selling cassava products.
Smart electric meters play a pivotal role in making energy systems decarbonized and automating the energy system. Smart electric meters denote huge business opportunities for both public and private companies. Utility players can manage the electricity demand more efficiently whereas customers can monitor and control the electricity bill through the adoption of smart electric meters. The study examines the factors affecting the adoption intention of smart electric meters in Indian households. This study draws a roadmap that how utility providers and customers can improve the smart electric meters adoption. The study has five independent variables (performance expectancy, effort expectancy, social influence, environmentalism, and hedonic motivation) and one dependent variable (adoption intention). The sample size for the study is four hundred and sixty-two respondents from Delhi and the National Capital Region (NCR). The data was analysed using structural equation modelling (SEM). The results of this study have confirmed that performance expectancy, environmentalism, and social influence have a significant impact on the intention of adopting smart electric meters. Therefore, utility providers can improve their strategies to attract more customers to adopt smart electric meters by focusing more on the performance of smart electric meters and by making them environmentally friendly. This research offers meaningful insights to both customers and utility providers to make energy systems decarbonized and control energy consumption.
In the past, Sabah has often been reported as Malaysia’s poorest state, with the recorded highest incidence of absolute poverty among all the other states. The consumption patterns of households in Sabah have been significantly impacted by such circumstances. This further draws light on the adverse impact on the broader economy, as low levels of spending may restrict demand for products and services, stifling economic growth. The understanding of households’ consumption functions based on the Permanent Income Hypothesis (PIH) will advance knowledge in identifying the key factors that influence the households’ spending decisions. Pointing out the scant number of past studies done within this very context, and focusing on the Sabah state in particular, further motivated this study, this paper aims to develop a conceptual framework that can estimate and examine the households’ consumption functions in Sabah. As such, the methodology of drawing upon narrative reviews from research in the past will be used in this paper to develop the conceptual framework. The result of this study built upon the framework developed will help in identifying the factors that explain the households’ consumption patterns, in particular, whether the function estimated will be consistent with the Permanent Income Hypothesis (PIH). It is hoped that the conceptual framework built will aid in providing valuable empirical insight for policymakers in designing effective policies that can uplift households that are living in poverty.
The COVID-19 pandemic has significantly restricted household resilience, particularly in developing countries. The study investigates the correlation between livelihood capital and household resilience amid uncertainties due to the COVID-19 pandemic, specifically in Bekasi Regency, West Java Province, Indonesia. Livelihood capital encompasses social, human, natural, physical, and financial, which are crucial in shaping household resilience. This study used the SEM-PLS method and utilized a survey of 120 respondents (household heads) from four villages in two districts (Muaragembong and South Tambun) in Bekasi Regency to identify critical factors that either enhance or impede rural household resilience during and after the pandemic. Findings reveal that households possessing human capital, financial capital, and empowerment are more adept at navigating socioeconomic difficulties during and after the pandemic. However, this research stated that trust and social networks enhance household resilience during the pandemic, whereas social norms are crucial for rebuilding household resilience in the post-pandemic phase. The finding revealed that social cohesion adversely affected household resilience during and after the pandemic, while trust diminished household resilience in the post-pandemic COVID-19 phase. These findings offer insight to policymakers, scholars, and other stakeholders aiming to foster household resilience during and in recovery efforts after the pandemic.
The rise of financial inclusion has notably increased household engagement in risky financial asset allocation, posing challenges to macro-financial stability. This study explored the crucial role of financial literacy in enabling households to effectively engage with complex financial markets and products. Specifically, it examined how different aspects of financial literacy—knowledge, attitudes, and skills—influence both the participation and depth of household investment in risky financial assets in China. Utilizing a comprehensive dataset from the 2019 China Household Finance Survey, which included 32,458 households, this study employed a robust indicator system and regression analysis via STATA 17.0 to assess these impacts. The results demonstrated that enhancements in financial literacy significantly foster increased engagement and deeper involvement in risky asset allocation, particularly through improved financial attitudes. Additionally, the analysis revealed that households led by women show a higher propensity towards risky asset investments than those led by men. These insights suggested the potential for targeted financial education to improve the financial health and economic resilience of Chinese households.
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