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http://dx.doi.org/10.13106/jafeb.2022.vol9.no1.0241

Changes in Income Distribution During the COVID-19 Pandemic: Empirical Evidence from Vietnam  

DAO, Quyet Thang (Quy Nhon University)
LE, Thi Yen (Hanoi Architectural University)
PHAM, Van Hung (National Economics University)
Publication Information
The Journal of Asian Finance, Economics and Business / v.9, no.1, 2022 , pp. 241-248 More about this Journal
Abstract
This study examines changes in income for Vietnam's service labors during COVID-19. A person's income depends on several factors, such as educational level, working area, the number of activities creating jobs, the cost of living, investment, etc. This research was based on a survey of 479 workers in Vietnam's service sector, who were evenly distributed across sectors (tourism and aviation) and workplaces (State and private). Based on the collected data, the REM regression model was used to analyze the factors influencing employee income when COVID-19 took place. The research returns show that the COVID-19 pandemic has had a considerable influence on labor incomes, and there are income disparities that exist between workers by work area and by gender. This study indicates that workers' wages in Vietnam decreased by an average of 12.22 million VND per month after the outbreak of COVID-19. In addition, the results also show that the income of workers after COVID-19 differs depending on their position (the average salary of laborers working in the public sector is about 3.946 million VND higher than the average salary of laborers in the private sector); furthermore, the incomes of workers also vary by gender.
Keywords
Income; Labor; COVID-19; Income Distribution; Vietnam;
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Times Cited By KSCI : 4  (Citation Analysis)
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