Impact of agricultural technology adoption on asset ownership: the case of improved cassava varieties in Nigeria
Using household survey data from a sample of about 850 households selected from six States in south-west Nigeria, this paper analyses the effects of the adoption of improved cassava varieties (ICVs) on asset ownership among smallholder farmers. The results of the linear regression with endogenous treatment effects showed that adoption of ICVs is positively related to asset ownership. The results further showed that ICVs had greater impact on asset ownership among female-headed households. The impact analysis using propensity score matching (PSM) showed a significant and positive effect of adoption of ICVs on asset ownership and a negative effect on asset poverty. The empirical results suggest that improved agricultural technologies can play a key role in strengthening asset ownership of smallholder farmers for increased agricultural productivity and income generation.