Assessing financial literacy and food and nutritional security relationship in an African country

Martinson Ankrah Twumasi; Gloria Essilfie; Evans Brako Ntiamoah; Huidan Xu; Yuansheng Jiang

doi:10.1016/j.heliyon.2023.e19573

Assessing financial literacy and food and nutritional security relationship in an African country

Heliyon. 2023 Aug 28;9(9):e19573. doi: 10.1016/j.heliyon.2023.e19573. eCollection 2023 Sep.

Authors

Martinson Ankrah Twumasi¹, Gloria Essilfie², Evans Brako Ntiamoah³, Huidan Xu¹, Yuansheng Jiang¹

Affiliations

¹ College of Economics, Sichuan Agricultural University, Chengdu, 611130, China.
² School of Economics, Department of Applied Economics, University of Cape Coast, Ghana.
³ College of Management, Sichuan Agricultural University, Chengdu, 611130, China.

Abstract

This study investigates the relationship between rural Ghanaian household food and nutrition security and financial literacy. We used the endogenous treatment regression (ETR) technique to address the analysis's potential selection bias problem. The findings of our study demonstrated a beneficial relationship between food and nutrition security and financial literacy. According to further studies, the relationship between food security and financial literacy is heterogeneous. Our findings may have some ramifications for promoting food and nutritional security while preserving rural development methods.

Keywords: Endogenous treatment regression; Financial literacy; Food security; Ghana; Householder.