Key factors affecting the level of rural households’s income diversification in Vietnam

Abstract

The study examines the effects of different factors on rural households' income diversification via regression analysis method, basing on the VHLSS data in the period of 2012-2016 published by The General Statistics Office of Vietnam. The study revealed that there are 3 groups of factors affecting the level of rural house¬ holds' income diversification in Vietnam including: (i) household leader's features such as age, education level and ethnicity; (ii) household features such as: the household's size; employment rate; human capital; assets; household income per capita; expenditure for food consumption and medical services; (iii) regional factors such ascommunes under Program 135, communes with markets, communes with craft villages and distance from the communes to the nearest agricultural promotion center.