Addressing Income Inequality in Vietnam’s Northern Midlands and Mountains: A Focus on Fiscal Policy Factors
dc.contributor.author | Ho, Lien H. | |
dc.contributor.author | Benešová, Irena | |
dc.contributor.other | Ekonomická fakulta | cs |
dc.date.accessioned | 2023-09-27T12:41:01Z | |
dc.date.available | 2023-09-27T12:41:01Z | |
dc.description.abstract | The Northern Midlands and Mountains constitute one of Vietnam’s six economic regions, yet it faces the lowest average income among the top 3 regions, with an average of only 1.613.000VND/month in 2014. Moreover, this region experiences the highest level of income inequality, as indicated by a Gini index of 0.42 in 2020. The study highlights that increased income inequality can lead to a decline in the region’s economic growth, significantly impacting the province’s GDP. The research emphasizes income redistribution as one of the essential functions of fiscal policy, alongside its roles in supporting macroeconomic stability and promoting overall growth. This research analyses and identifies the interplay between fiscal policy factors and income disparity to tackle the Northern Midlands and Mountains income inequality. The study utilizes panel data compromising 7,980 observations. Notably, the findings underscore the potential of increased investment and enhanced household education as critical factors for improving income inequality and fostering economic growth in the region. By considering these factors, Vietnamese economic strategists can devise effective measures to mitigate inequality and foster sustainable regional development. | en |
dc.format | text | |
dc.identifier.doi | 10.15240/tul/009/lef-2023-29 | |
dc.identifier.isbn | 978-80-7494-627-1 | |
dc.identifier.uri | https://dspace.tul.cz/handle/15240/172845 | |
dc.language.iso | en | |
dc.publisher | Technická Univerzita v Liberci | cs |
dc.publisher | Technical university of Liberec, Czech Republic | en |
dc.publisher.abbreviation | TUL | |
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dc.relation.ispartof | Liberecké ekonomické fórum 2023 | cs |
dc.relation.ispartof | Liberec Economic Forum 2023 | en |
dc.subject | Income inequality | en |
dc.subject | fiscal policy | en |
dc.subject | economic growth | en |
dc.subject | Vietnam | en |
dc.subject | the Northern midlands and mountains | en |
dc.subject.classification | C21 | |
dc.subject.classification | R13 | |
dc.title | Addressing Income Inequality in Vietnam’s Northern Midlands and Mountains: A Focus on Fiscal Policy Factors | en |
dc.type | proceeding paper | en |
local.access | open | |
local.citation.epage | 273 | |
local.citation.spage | 264 | |
local.faculty | Faculty of Economics | |
local.fulltext | yes | |
local.relation.abbreviation | LEF | cs |
local.relation.abbreviation | LEF | en |
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