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ORIGINAL RESEARCH article

Front. Sustain. Food Syst.
Sec. Land, Livelihoods and Food Security
Volume 8 - 2024 | doi: 10.3389/fsufs.2024.1479410

The Association between Household's Asset Ownership and Food Security: Panel Data Evidence from Bangladesh

Provisionally accepted
Zannatul Ferdous Shifat Zannatul Ferdous Shifat 1Mohammad Jahangir Alam Mohammad Jahangir Alam 1Ismat Ara Begum Ismat Ara Begum 1*Md. Asif Iqbal Md. Asif Iqbal 1Dr. Paresh Kumar Sarma Dr. Paresh Kumar Sarma 1Andrew M. McKenzie Andrew M. McKenzie 2
  • 1 Bangladesh Agricultural University, Mymensingh, Bangladesh
  • 2 Department of Agricultural Economics & Agribusiness, Bumpers College, University of Arkansas, Fayetteville, Arkansas, United States

The final, formatted version of the article will be published soon.

    Food security remains a critical challenge in Bangladesh, with many households experiencing periodic shortages and nutritional deficiencies. It is necessary to ensure a consistent and adequate food supply for its rapidly growing population, amidst economic and environmental vulnerabilities. In light of this, this study looks into the association between food security and household asset ownership, addressing whether increasing asset accumulation can significantly improve food security status among households. Using panel data and the two rounds of comprehensive and inclusive Bangladesh Integrated Household Surveys (BIHS-2015, 2018), a fixed-effects model is used in this study to take endogeneity issues and unobserved heterogeneity into consideration. The food consumption score and per capita calorie consumption are employed to determine food security. The result found that households with productive assets positively and considerably impact the availability of food calories and asset ownership strengthens households' income-generating capacity. Furthermore, there are additional significant variables that support the ownership of resources, like annual income and farm size, which are closely linked to enhancing calorie intake and food security as well.Enhancing asset ownership among vulnerable households could significantly bolster food security. Moreover, policies aimed at diversifying household assets and improving access to markets can provide a buffer against food insecurity. By focusing on asset-building strategies, policymakers can foster a more resilient food system that ensures consistent access to food for all households while also increasing households' incomes by owning assets.

    Keywords: asset, Food security, Ownership, Panel data, Fixed Effects, Bangladesh

    Received: 12 Aug 2024; Accepted: 11 Dec 2024.

    Copyright: © 2024 Shifat, Alam, Begum, Iqbal, Sarma and McKenzie. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

    * Correspondence: Ismat Ara Begum, Bangladesh Agricultural University, Mymensingh, Bangladesh

    Disclaimer: All claims expressed in this article are solely those of the authors and do not necessarily represent those of their affiliated organizations, or those of the publisher, the editors and the reviewers. Any product that may be evaluated in this article or claim that may be made by its manufacturer is not guaranteed or endorsed by the publisher.