International Journal of Advanced Research in Management and Social Sciences

This study examines the relationship between the number of livestock domesticated in Mongolia and socio-economic status of Mongolian nomads. A major assumption of this study is higher the number of livestock, higher the livestock product and vice-versa. Human Development Index of Mongolia is taken as a measurement scale for socio-economic status of Mongolian nomads and Gross Livestock Product is taken as measurement scale for the number of livestock in Mongolia. Impact of livestock output on the socio-economic status of Mongolian nomads is analysed through log-log and semi-log regression module. The statistical output shows a strong and positive relationship between the socio-economic status of Mongolian people and gross livestock output. Mongolian government should be prepared for urgent distribution of livestock fodder packages, immediate veterinary services in the dzud and drought-affected areas, development of pre dzud risk mapping system, and special plan to upgrade economic status of small and middle level herders in order to maximize the livestock output which result in positive changes in socio-economic status of Mongolian people. Implementation of the social protection programme can be beneficial for the Mongolian government to control rural to urban migration due to livestock loss. Education regarding sanitation and development of technologically advanced slaughterhouse can be supportive for the Mongolian government to increase the export level of their livestock product.