The impact of education on household income in rural Vietnam
Hung Van Vu
Using data from the 2018 Vietnam Household Living Standard Survey, our study investigates the impact of education on household income in rural Vietnam. Both mean and quantile regression analyses were employed to analyze the impact of education. We found that education has a positive effect on the household income after controlling for various factors in the models. However, quantile regression analysis reveals that the effect of schooling years increases with quantiles, suggesting that education bring higher returns for richer households. We also found that households with the heads having higher qualifications or vocational education tend to earn higher income levels. Combined together, these findings imply that while education was found to increase household income, it increases income inequality in rural Vietnam. Our research findings suggest that improving the access of poor households to better education is expected to increase their income and reduce inequality in rural Vietnam.
Year of publication: |
2020
|
---|---|
Authors: | Hung Van Vu |
Published in: |
International Journal of Financial Studies : open access journal. - Basel : MDPI, ISSN 2227-7072, ZDB-ID 2704235-2. - Vol. 8.2020, 1/11, p. 1-9
|
Subject: | education | household income | inequality | quantile regression | rural Vietnam | Ländlicher Raum | Rural area | Haushaltseinkommen | Household income | Privater Haushalt | Household | Vietnam | Viet Nam | Einkommensverteilung | Income distribution |
Saved in:
freely available
Type of publication: | Article |
---|---|
Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
Language: | English |
Other identifiers: | 10.3390/ijfs8010011 [DOI] hdl:10419/257678 [Handle] |
Classification: | I21 - Analysis of Education ; i24 ; i25 ; i26 |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012168860
Saved in favorites
Similar items by subject
-
The impact of education on household income in rural Vietnam
(2020)
-
Income shocks, borrowing constraints, and household child schooling : evidence from rural Thailand
Sasiwooth Wongmonta, (2023)
-
The long-lasting effect of feudal human capital : insights from Vietnam
Hoang Trung Xuan, (2024)
- More ...
Similar items by person