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Effectiveness of triggers and remedy for special safeguard mechanism: A case for Kenya’s agricultural sector

Date added:08/23/2012
Date modified:08/23/2012
Filesize:191.76 kB

This study investigates effects of financial literacy on financial access in Kenya. The FinAccess National Survey 2009 shows that 60 per cent of the adult population in Kenya lacks access to formal financial services including banking, insurance and mobile money transfer services. Access to formal financial services is not only important for individuals for risk transfer, but also for the economy at large in savings mobilization and capital allocation. Multinomial probit regression results for a sample of 6,329 national representative individuals established that financial literacy is a strong predictor of formal financial access in Kenya. Using the number of household income earners as an instrument, it was established that financial literacy is exogenous. Control variables including age, education, urbanism, proximity to formal financial institutions and being male were also found to increase incidences of financial access in Kenya. It was concluded that other factors besides price affect demand for formal financial services and policy efforts aimed at boosting financial literacy should be enhanced.


Date added:05/09/2014
Date modified:05/09/2014
Filesize:516.01 kB

This study examines the effect of household food expenditure on child nutritional status in Kenya for children between 6 and 60 months. Household food budget share is used instead of household food expenditure to capture poverty and income aspects of the households, an issue that cannot be well articulated by the former. Using the Kenya Integrated Household Budget Survey (KIHBS) 2005/2006, this study uses the Instrumental Variable (IV) probit approach to examine the underlying relationships.


Date added:03/11/2015
Date modified:03/11/2015
Filesize:896.96 kB
Date added:08/23/2012
Date modified:08/23/2012
Filesize:176.05 kB

This study utilizes time series data to analyze the effects of minimum wage on females and males in formal employment in Kenya. Time series data from 1973 to 2009 is analyzed for long run and short run effects
of minimum wages on males and females in formal employment. The results show that in the short run, minimum wage has a significant positive effect on female employment but the effect is significantly negative for male employment. In the long run, minimum wage has significant negative effect on both male and female employment.
However, the long-run effect on female employment is not statistically significant. An increase in minimum wages has a smaller impact on female employment than male employment.

Date added:12/19/2013
Date modified:12/19/2013
Filesize:743.56 kB
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