Addressing Income Inequality in Vietnam’s Northern Midlands and Mountains: A Focus on Fiscal Policy Factors

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dc.contributor.authorHo, Lien H.
dc.contributor.authorBenešová, Irena
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2023-09-27T12:41:01Z
dc.date.available2023-09-27T12:41:01Z
dc.description.abstractThe 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.formattext
dc.identifier.doi10.15240/tul/009/lef-2023-29
dc.identifier.isbn978-80-7494-627-1
dc.identifier.urihttps://dspace.tul.cz/handle/15240/172845
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofLiberecké ekonomické fórum 2023cs
dc.relation.ispartofLiberec Economic Forum 2023en
dc.subjectIncome inequalityen
dc.subjectfiscal policyen
dc.subjecteconomic growthen
dc.subjectVietnamen
dc.subjectthe Northern midlands and mountainsen
dc.subject.classificationC21
dc.subject.classificationR13
dc.titleAddressing Income Inequality in Vietnam’s Northern Midlands and Mountains: A Focus on Fiscal Policy Factorsen
dc.typeproceeding paperen
local.accessopen
local.citation.epage273
local.citation.spage264
local.facultyFaculty of Economics
local.fulltextyes
local.relation.abbreviationLEFcs
local.relation.abbreviationLEFen
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