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Analysis of the Factors Affecting the Household Income of Ethnic Groups in VoNhai District, Thai Nguyen Province

Author

Listed:
  • Vu Thi Quynh Chi

    (Thai Nguyen University of Economics and Business Administration (TUEBA), Viet Nam)

  • Thai Thi Thai Nguyen

    (Thai Nguyen University of Economics and Business Administration (TUEBA), Viet Nam)

Abstract

Ethnic groups by households in Vo Nhai District often inhabit in rural areas with low income and their life is much more difficult. Therefore, it’s necessary to study on the factors affecting their income in order to find a solution to improve their income. This research has used Cobb – Douglass Production Function, applying Stata software to evaluate the factors affecting household income of minorities. By collecting information from 310 households living in Vo Nhai district, Thai Nguyen province, Vietnam, the result of analysis showed that age of householder, cost, number of inhabitants in the family, level of education of the householders, employees, assets, land areas, bank loans which have an impact on the household income of ethnic groups. The study proposed solutions to help poor households expand on their production, improve their income, and enhance their living.

Suggested Citation

Handle: RePEc:epw:develo:v:3:y:2023:i:1:id:15205
DOI: 10.24018/ejdevelop.2023.3.1.205
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