• 제목/요약/키워드: determinants of farm household income

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An analysis on determinants of farm household income in Gyeongbuk province: focus on the Saemaeul project

  • Lee, Sang-Ho
    • 농업과학연구
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    • 제45권1호
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    • pp.137-142
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    • 2018
  • The aim of this paper was to analyze the determinants of farm household income in the Gyeongbuk province. Data from 5,254 villages in the Gyeongbuk province were used. The main results are as follows. First, the percentage of self-supporting villages for fishing villages was 10.8%, which was higher than the average of 6.4%; however, the percentage of self-supporting villages for mountain villages was only 2.7 percent. Second, the level of income was estimated to positively correlate with the ratio of the roof improvement rate, a sisterhood relationship, farming households, and the number of people under the age of 14. Finally, the results show that variables such as age, farming percentage, roof improvement ratio, and a sisterhood relationship were significant. When the percentage for the roof improvement ratio was higher, the ratio for a sisterhood relationship with another city was higher, and when the proportion of farmers was higher, the average income of the village was higher. Based on the results from the above analysis, the following policy implications are suggested. First, the income levels of rural villages in the 1970s are related to the Saemaul project in Korea. In other words, the Saemaul project contributed to improving the farming household income by direct and indirect methods. Second, it can be seen that it is important to develop policies that take into account different village types within rural areas.

Influence of Credit on the Income of Households Borrowing from Banks: Evidence from Vietnam Bank for Agriculture and Rural Development, Kien Giang Province

  • Quang Vang, DANG;Viet Thanh Truc, TRAN;Hieu, PHAM;Van Nam, MAI;Quoc Duy, VUONG
    • The Journal of Asian Finance, Economics and Business
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    • 제10권2호
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    • pp.257-265
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    • 2023
  • This paper investigates the determinants of credit accessibility and the effect of credit on the income of farm households borrowing from Vietnam Bank for Agriculture and Rural Development, Giong Rieng District Branch, Kien Giang Province. Based on the primary data of 200 farming households who are the customer of the bank, the study applied the Probit regression model to examine determinant factors of credit accessibility of farm households and employed the Propensity score matching method to investigate the impact of credit on households' income. The findings of the Probit regression shown that three independent variables that significantly influence the access to credit of households are household size, income source, and farm size. Besides that, the Propensity score matching method results showed a difference of 23.799 million VND/year between the income of borrowing households and that of non-borrowing households at the significance level of 1%. The difference in the imcome from the interval and central matching methods are VND 24.700 million VND/year and VND 24.633 million VND/year, respectively. Given empirical findings suggetsted that several recommendations to increase the credit accessibility of farm households, thereby creating favorable conditions for improving their income.

Determinants of Income Diversification among Rural Households in the Mekong River Delta: The Economic Transition Period

  • LE, Long Hau;LE, Tan Nghiem
    • The Journal of Asian Finance, Economics and Business
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    • 제7권5호
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    • pp.291-304
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    • 2020
  • This paper examines the factors that drive temporal income diversification in rural areas of the Mekong River Delta in Vietnam, based on a framework that conceptualized diversification as a function of a household's capacity to diversify and incentives (both push and pull factors) to diversify. Drawing from five rounds of the Vietnam Living Standard Measurement Surveys covering a 13-year span (1993-2006), two panel datasets made from five cross-sectional samples are used for the analyses. The data are drawn from the Vietnam General Statistics Office. Both tobit model and Ordinary Least Squares model with random and fixed effects are applied. The main points emerging from the analysis is that income diversification is strongly influenced by household labor capacity. The relationship between household labor capacity and increasing insertion in non-farming wage activities is not driven by unobserved time-invariant factors such as household ability and motivation, but is instead driven by the higher labor capacity of households. In terms of the other household capacity variables, the effect of farm size is much larger in terms of retaining households in traditional occupations as compared to pushing them towards non-farm wage employment. Other variables such as household access to financial capital do not play an important role.

Measuring the efficiency and determinants of rice production in Myanmar: a translog stochastic frontier approach

  • Wai, Khine Zar;Hong, Seungjee
    • 농업과학연구
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    • 제48권1호
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    • pp.59-71
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    • 2021
  • This study investigated the extent to which rice producers from the Ayeyarwaddy Region of Myanmar could improve their productivity if inputs were used efficiently in rice cultivation. To achieve this objective, simple random sampling was used to collect data from 300 rice growers in the study area. Data were analyzed with the translog stochastic frontier approach to understand the production efficiencies. The study further estimated the influencing factors that affect the efficiency levels of rice farmers. The empirical result reveals that the average technical, allocative, and economic efficiencies were at 76.11, 47.85, and 34.15%, respectively. This suggests that there is considerable room for improving rice production by better utilization of the available resources at the current level of technology. This study suggests that strenthening agricultural training programs and adoption of improved rice varieties may reduce overall inefficiencies among rice farmers in Myanmar. Factors like age, household size, education, farming experience, farm size, rice variety, training, and off-farm income have a significant impact on increasing/decreasing farmer's efficiency. Efficiency can be improved by establishing farmer field school programs to increase the scale of operations. The government should encourage young educated people to participate in paddy production and also intervene to reduce input prices and control the quality of seeds.