Determinants of income diversification and its effect on household income in rural Vietnam

Exploiting data of Vietnam Household Living Standard Survey 2010, the study aims at finding determinants of income diversification at household level in rural Vietnam and evaluating effects of income diversification on household income. The data set covers 6,571 rural households of eight socio-econo...

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Tác giả chính:	Tran Tien Khai
Đồng tác giả:	Nguyen Ngoc Danh
Định dạng:	Journal Article
Thông tin xuất bản:	Trường Đại học Kinh tế Tp. Hồ Chí Minh 2017
Chủ đề:	Diversification index Herfindahl-Hirschman index Generalized method of moments Household income
Truy cập trực tuyến:	http://digital.lib.ueh.edu.vn/handle/UEH/55282 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=4b66fec1-91a0-491a-a215-887f7efa11f4 http://doi.org/10.24311/jed/2014.221.05
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institution	Đại học Kinh tế Thành phố Hồ Chí Minh
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topic	Diversification index Herfindahl-Hirschman index Generalized method of moments Household income
spellingShingle	Diversification index Herfindahl-Hirschman index Generalized method of moments Household income Tran Tien Khai Determinants of income diversification and its effect on household income in rural Vietnam
description	Exploiting data of Vietnam Household Living Standard Survey 2010, the study aims at finding determinants of income diversification at household level in rural Vietnam and evaluating effects of income diversification on household income. The data set covers 6,571 rural households of eight socio-economic regions. Herfindahl-Hirschman index (HHI) is applied to show income diversification at household level. Two-limit tobit model is applied to detect the effects of household features and community characteristics on HHI, and then generalized method of moments (GMM) is employed to test the effects of HHI on household income. \r\nThe results show that human capital in both quantity and quality terms plays a substantial role in encouraging rural households to diversify their income-generating activities. Rural households with higher education level and higher diversification ability tend to have more diverse income sources. Owning larger sources of physical capital, or better credit accessibility, and social capital also helps rural households improve income diversity. \r\nThe results also confirm that income diversification is the dynamic of rural income improvement. Households can increase their income by diversifying their farm and non-farm activities.\r\n
author2	Nguyen Ngoc Danh
author_facet	Nguyen Ngoc Danh Tran Tien Khai
format	Journal Article
author	Tran Tien Khai
author_sort	Tran Tien Khai
title	Determinants of income diversification and its effect on household income in rural Vietnam
title_short	Determinants of income diversification and its effect on household income in rural Vietnam
title_full	Determinants of income diversification and its effect on household income in rural Vietnam
title_fullStr	Determinants of income diversification and its effect on household income in rural Vietnam
title_full_unstemmed	Determinants of income diversification and its effect on household income in rural Vietnam
title_sort	determinants of income diversification and its effect on household income in rural vietnam
publisher	Trường Đại học Kinh tế Tp. Hồ Chí Minh
publishDate	2017
url	http://digital.lib.ueh.edu.vn/handle/UEH/55282 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=4b66fec1-91a0-491a-a215-887f7efa11f4 http://doi.org/10.24311/jed/2014.221.05
work_keys_str_mv	AT trantienkhai determinantsofincomediversificationanditseffectonhouseholdincomeinruralvietnam
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spelling	oai:localhost:UEH-552822019-11-22T10:17:27Z Determinants of income diversification and its effect on household income in rural Vietnam Tran Tien Khai Nguyen Ngoc Danh Diversification index Herfindahl-Hirschman index Generalized method of moments Household income Exploiting data of Vietnam Household Living Standard Survey 2010, the study aims at finding determinants of income diversification at household level in rural Vietnam and evaluating effects of income diversification on household income. The data set covers 6,571 rural households of eight socio-economic regions. Herfindahl-Hirschman index (HHI) is applied to show income diversification at household level. Two-limit tobit model is applied to detect the effects of household features and community characteristics on HHI, and then generalized method of moments (GMM) is employed to test the effects of HHI on household income. \r\nThe results show that human capital in both quantity and quality terms plays a substantial role in encouraging rural households to diversify their income-generating activities. Rural households with higher education level and higher diversification ability tend to have more diverse income sources. Owning larger sources of physical capital, or better credit accessibility, and social capital also helps rural households improve income diversity. \r\nThe results also confirm that income diversification is the dynamic of rural income improvement. Households can increase their income by diversifying their farm and non-farm activities.\r\n 2017-09-14T11:02:26Z 2017-09-14T11:02:26Z 2014 Journal Article 1859 -1124 http://digital.lib.ueh.edu.vn/handle/UEH/55282 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=4b66fec1-91a0-491a-a215-887f7efa11f4 http://doi.org/10.24311/jed/2014.221.05 Journal of Economic Development JED, No. 221 Abdulai,A. & A. CroleRees (2001), “Determinants of Income Diversification amongstRural Households in Southern Mali”, FoodPolicy, 26(4): 437-452. Alther,C., J.C. Castella, P. Novosad, E. Rouseau & Tran Trong Hieu (2002), “Impactof Accessibility on the Range of Livelihood Options Available to Farm Householdsin Mountainous Areas of Northern Viet Nam” in J. C. Castella & Dang DinhQuang (eds.), Doi Moi in the Mountains:Land Use Changes and Farmers’ Livelihood Strategies in Bac Kan Province, VietNam, Hanoi: Agricultural Publishing House, 121-146. Barrett,C.B. & T. 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Determinants of income diversification and its effect on household income in rural Vietnam

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