Investigation of the relationship between health expenditure and profit level of farmers in Bayelsa State, Nigeria
1 Department of Agricultural Economics, Delta State University Abraka, Nigeria.
2 Department of Agricultural Education, School of Vocational Education, Federal College of Education (Technical), Asaba, Nigeria.
Research Article
World Journal of Advanced Research and Reviews, 2023, 18(01), 136–143
Publication history:
Received on 20 February 2023; revised on 28 March 2023; accepted on 31 March 2023
Abstract:
Health expenditures on profit effect on farmers in Bayelsa State, Nigeria were examined. Purposive and random sampling procedures were used to select 216 respondents for the study. The average monthly health expenditure and net farm income per farmer were N664 and N17,995.31k respectively. The regression model showed that health expenditure had an inverse relationship with profit. Their total healthcare expenditure was significantly influenced by gender, age, household size, education, income, and cost of medical services. The result of the correlation analysis shows that there is a significant negative relationship between profit and health expenditure of farmers in the study area (r=0.625, p<0.05). It is recommended that more affordable health services should be provided as well as reduced transport costs; price ceilings for healthcare medical services should be introduced.
Keywords:
Profit; Health; Expenditure; Farmers; Crop production
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