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Database research record2014·Ethiopia

The Determinant of Saving Behavior of Women’s in Urban Ethiopia In Case of Arba Minch Town

Workineh Ayenew

Developing Country Studies

Urban Farm DB summary

A study of 50 women selected by systematic sampling in Arba Minch town, Ethiopia, used logistic regression (maximum likelihood estimation) to examine determinants of women's saving behavior. Education attainment and age showed a negative influence on saving, but this was not statistically significant. Ownership of urban agriculture and income level had a significant positive effect on saving behavior, while access to credit and family size had a significant negative influence. Goodness-of-fit tests confirmed the model fit the data, and a robust heteroscedasticity test found no problems with model specification.