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Multivariate approaches to measure the association among socio-economic and demographic factors of the farm households in west Bengal, India

The study aimed to identify the social and demographic factors affecting the economic status of farm households in West Bengal. The results of multivariate approaches like Exploratory Factor Analysis revealed that household size, age group, farm size, gender, labour force participation rate, occupation and education were identified as key variables based on the highest factor loadings of each factor. The canonical correlation analysis based on these key variables yielded function 1 and function 2 with squared canonical correlations of 0.288 and 0.088 for each successive function and revealed that farm size ( 0.837; = 70.06), household size ( 0.637; = 40.58) and education ( 0.457; = 20.88) showed significant influence on family income levels ( 0.813; = 66.10) which resulted in improved in socioeconomic status of farmers. | Multivariate approaches to measure the association among socio-economic and demographic factors of the farm households in west Bengal, India