Factors affecting income inequality in vietnam from 2010 to 2020: Empirical evidence from provincial level

• VAN Dinh Tue Thu ^[1] ; PHAM Xuan Truong ^[1]
  1. [1] Foreign Trade University

     Foreign Trade University

     Vietnam

     
• Localización: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES, ISSN 1578-4460, Vol. 24, Nº. 1, 2024, págs. 67-90
• Idioma: inglés
• Enlaces
  • Texto completo (pdf)
• Resumen

  • This paper aims to investigate factors affecting income inequality in Vietnam. The panel random effects model (RE) analyses a balanced (but with gaps) panel dataset collected from 63 provinces from 2010 to 2020. The estimated results reveal that apart from provincial competitiveness index (PCI), all of the rest variables, which are population, average urban population, education (percentage of literate population at 15 years of age and above), employee quality (percentage of trained employed workers at age 15 and above), monthly income per capita and Gross Regional Domestic Product (GRDP) significantly impact income inequality in Vietnam. Especially, percentage of literate population of at least 15 years old and gross regional domestic product are two variables that negatively affect income inequality at the significant level of 1%. Besides, only average urban population and monthly income per capita variables have positive effect on income inequality. Based on the estimated result, there will be policies and recommendation to reduce the income gap and promote sustainable development in Vietnam.

• Referencias bibliográficas
  • Abedi V, Olulana O, Avula V, et al. (2020), “Racial, economic, and health inequality and COVID-19 infection in the United States”, Journal...
  • Anneli, K. (2005), “Factors of Income Inequality and Their Influence Mechanisms: A Theoretical Overview”, University of Tartu Faculty of...
  • Anh, N.H. (2018), “Renewable energy production in Vietnam to mitigate the effects of climate change”, Master Thesis, Foreign Trade University,...
  • Barro, R. J. (2000), “Inequality and growth in a panel of countries”, Journal of Economic Growth, Vol.5, pp.5-32.
  • Durlauf, S. N. (1996). “A theory of persistent income inequality. Journal of Economic Growth”, Vol.1 pp.75-93.
  • Dabla-Norris, E., Kochhar, K., Suphaphiphat, N., Ricka, F., & Tsounta, E. (2015), “Causes and consequences of income inequality: A global...
  • Garvy, G. (1952). “Inequality of Income: Causes and Measurement”, Conference on Research in Income and Wealth (Eds), NBERPublisher, pp.25-47....
  • General Statistic Office of Vietnam. (2010, 2012, 2014, 2016, 2018, 2020), Viet Nam Household Living Standards Survey, Statistical Publishing...
  • George, G. (1952) (Federal Reserve Bank of New York
  • Guisan, M.C. (2022). Quality of Life in Countries and Regions of Europe, America, Asia and Oceania: Subjective and Objective Indicators, 2000-2020,...
  • Haughton, J., & Khandker, S. R. (2009). Handbook on poverty + inequality. Washington, World Bank Publications.
  • Matthew O. Odedokun1 and Jeffery I. Round. (2001). “Determinants of Income Inequality and its Effects on Economic Growth”, Evidence from...
  • Nguyen, H. Q. (2021), “Factors impacting on income inequality in Vietnam: GMM model estimation”. The Journal of Asian Finance, Economics...
  • Ott, J. (2005). “Level and inequality of happiness in nations: Does greater happiness of a greater number imply greater inequality in happiness?”,...
  • Petersen, T., & Schoof, U. (2015), The impact of income inequality on economic growth, pp.15-30.
  • Risso, W. A., Punzo, L. F., & Carrera, E. J. S. (2013), “Economic growth and income distribution in Mexico: A cointegration exercise”,...
  • Schneider, S. M. (2016), Income inequality and subjective wellbeing: Trends, challenges, and research directions. Journal of Happiness Studies,...
  • Schneider, S. M. (2012). “Income inequality and its consequences for life satisfaction: What role do social cognitions play?”, Social Indicators...
  • Simone, M. S. (2015), “Income Inequality and Subjective Wellbeing: Trends, Challenges, and Research Directions”, Springer Science+Business...
  • Steven, N. D. (1996), “A Theory of Persistent Income Inequality”, Journal of Economic Growth, pp.75-93.
  • Stiglitz, J., & Kanbur, R. (2015). “Wealth and income distribution: New theories needed for a new era”.
  • Tomes, N. (1986), “Income distribution, happiness and satisfaction: A direct test of the interdependent preferences model”, Journal of Economic...
  • Vo, D. H., Nguyen, T. C., Tran, N. P., & Vo, A. T. (2019), “What factors affect income inequality and economic growth in middle-income...
  • Washima, F. (2019), Macroeconomic and demographic factors affecting on income inequality in Sri Lanka: a regression analysis.
  • Wilkinson, R., & Pickett, K. (2009). “Income inequality and social dysfunction. Annual Review of Sociology”, pp.493–511.
  • WB(2024). Gini Index by country, World Bank.
  • Duc, V. H., Thang, N. C., Chi, H. M., Anh, V. T., & Thach, P. N. (2018). “Bat binh đang thu nhap theo gioi tinh va tang truong kinh te...
  • Nguyen Thi Hue, (2016). “Nghien cuu cac nhan to anh huong den chenh lech giau ngheo o Vietnam”, PhD Thesis, National Economics University,...