GET THE APP

..

Business and Economics Journal

ISSN: 2151-6219

Open Access

Living Standard of Twelve Selected Somali Regions

Abstract

Mustaf Abdullahi Abdirahman

In the sense of my paper, the essence of standard of living is the material goods and necessities available to a certain socioeconomic class or a certain geographic area. The study purpose is to find out the standard of living for a panel of twelve selected regions among the eighteen regions in Somalia. The cost of minimum basket (CMB) together with estimated educational fees, high school salary and the exchange rate (ER) from periods of 2009 to 2016 are considered as the study constructs. Random effect model is applied. Cross regional analysis is also employed to check which regions do have higher living standards. The results show a positive and significant relationship between CMB and high school salary and between ER and CMB. For the cross regional analysis, Mudug, Nugaal and Bari have got higher standard of living compared to the other regions. Lower Juba, Togdheer and middle Shabelle have lower standard of living.

PDF

Share this article

Google Scholar citation report
Citations: 5936

Business and Economics Journal received 5936 citations as per Google Scholar report

Business and Economics Journal peer review process verified at publons

Indexed In

 
arrow_upward arrow_upward