• Title/Summary/Keyword: Household Diversification

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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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    • v.7 no.5
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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.

Livelihoods and Income Diversification of Informal Recyclers: A Case Study in the Mekong River Delta, Vietnam

  • XUAN, Huynh Thi Dan;DUNG, Khong Tien;KHAI, Huynh Viet
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.209-215
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    • 2022
  • This study aims to analyze the livelihood resources and income diversification of informal recyclers in the Mekong River Delta (MRD). The multiple linear regression model was applied to determine income diversification and total household income with the sustainable livelihood analysis framework developed by the United Kingdom Department for International Development (2000), including human resources, physical resources, natural resources, financial resources, and social resources. The results indicated that up to 25% of itinerant waste buyers worked on average more than 7.3 hours/day, which was higher than the urban near-poor level regulated by the Vietnam government. The results of the regression model revealed that total households' income was affected by the factors of health status, gender, urban location type 1, the amount of potential savings, and informal credit participation, while the factors of health status, urban location, the amount of potential savings, and informal credit participation have the effect of diversifying farm household income. Thus, if the informal waste recycling sector is supported and regulated by proper government management, it will not only help poor households diversify their income, but it will also help poor households diversify their income, particularly women's income, which is vulnerable and lower than male income in the MRD.

Design Analysis of Affordable Housing Cases for Varieties of Public Rental Housing (임대주택의 디자인 다양화를 위한 사례분석 연구)

  • Lee, So-Young;Oh, Myoung-Won;Kang, Hyeon-Jae
    • Korean Institute of Interior Design Journal
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    • v.26 no.6
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    • pp.126-134
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    • 2017
  • Since public rental housings (social housings) in Korea are extremely standardized and uniformed, a variety of needs of residents for their housing are hardly satisfied. Public rental housing conditions, its low quality and size limitations regardless of residents type and needs resulted into negative images of social housing and social discriminations. Therefore there is a growing demand for alternative housing options in terms of diversification of social housing design with consideration for changing households and housing requirements. The purpose of this study to investigate some housing design guidelines, to analyze layout of building complex, community designs, household units and characteristics, overall design characteristics (sustainable design features, facade design, window and balcony composition, color and materials) and to provide some design suggestions for social housing. Design guidelines are classified into site planning and building layouts, residential building and household units, and performance of housing. Community facilities and their design features provide uniqueness of the public residence. Overall housing size of foreign cases is bigger than the domestic cases. Narrow shape of household units are more dominant in Korean public rental housing. More various shape and forms are found in facade and window design in foreign cases. Some design suggestion are provided for more diverse housing units and design for public rental housing in Korea.

Changing Housing Wealth Effects of Home-owning Baby-boomers in the Seoul Metropolitan Area (수도권 거주 자가소유 베이비부머의 주택자산효과 변화 분석)

  • Lee, Hyunjeong;Yoon, Jungduck
    • Journal of the Korean housing association
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    • v.26 no.3
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    • pp.45-54
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    • 2015
  • The purpose of this research is to analyze the wealth effects of home-owning baby-boomers on household consumption on non-durable goods in the Seoul Metropolitan Area. In so doing, this empirical study utilized the Korean Labor and Income Panel Study (KLIPS) of 2002 and 2012. The statistical findings reveal that household wealth in the period had sharply risen in household income, asset, debt and consumption, and the substantial increase came from growing income and consumption embedded into an expansionary stage of the family life cycle. Further, housing wealth had a much greater effect on consumption expenditure than did financial asset in 2012 while financial wealth effect was larger than housing wealth effect in 2002. Housing wealth effects had become far stronger as the age of the baby-boomer householders increased. As the baby-boomers are close to the retirement stage, post-retirement income security becomes of concern, so that the wealth effect of real estate income as an income alternative for retirees is explicit. The results imply that retirement of baby-boomers is likely to reduce consumer spending, aggravating slowdown of the real economy. Thus, diversification of household asset portfolio in a pre-retirement period is of great significance in maintaining adequate household consumption in later life.

A Study on Public Data Utilization Method for Housing Decision Making of Single Household (1인 가구의 주거의사결정을 위한 공공데이터 시각화 활용방안에 관한 연구)

  • Lee, Tae-Yong;Jang, Seo-Woo;Jun, Han-Jong
    • Journal of the Architectural Institute of Korea Planning & Design
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    • v.33 no.12
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    • pp.13-18
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    • 2017
  • Recently, the form of traditional families has been disintegrated due to low birthrate, aging, declining marriage, individualism, etc. In particular, the number of single households has increased due to the shift to a low-growth advanced economic structure, women's social participation, diversification of lifestyles, and so on. According to the National Statistical Office, the number of single households living alone by 2015 is estimated to be about 5,060,000 households, which is estimated to account for 34.3% of all households, which has greatly increased compared with about 660,000 (6.9%) in 1985. However, the housing market has not been able to respond to such social changes. Therefore, in this research, we presented a plan to visualize the public data of single household in Seoul city and prediction result of occupancy shape for the purpose of supporting decision making of single household consumers.

A Study on Development of Touristic Subregions in Rural Area - Case Study in the Haenahm County, Chonnam - (농촌지역 관광지개발에 있어 관광권 설정에 관한 연구 -전남 회남로를 사례로-)

  • 홍성권
    • Journal of the Korean Institute of Landscape Architecture
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    • v.18 no.1
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    • pp.9-17
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    • 1990
  • This study was carried out in the Haenahm county as a part of project, the'89 Comprehensive Planning of Rural Area. In order to increase household income of rural area and to meet increasing tourism demand in urban area, several tourism development directions and strategies were suggested in terms of resources, services, and transportation. The major results of this study are summarized as follows ; 1) Core tourism market has to be maintained by inforcement of unique image of the Haenahm county, such as the southern extremeity of Korean peninsula and tourism resources rich land. 2) New tourism products need to be introduced to attract fringe market of this area by use of natural and cultural resources in the Haenahm county, such as terrain, climate, provincial park, music, dance and artifacts. 3) image of this county as a touristic resort would be escalated by development of high quality andclusterized accommodation in urbanized area of the Haenahm county 4) Development of private lodging, production of local brand by native food, beverage and artifacts, introduction of festival by folk song and folk dance would be helpful to stabilize a seasonal fluctuating demand level of ourismandlocalresidentsincome. 5) Diversification of tourism product needs to be provided for tourists in order to increase chances for enjoyment in the destination and to be involved in socially comfortable atmosphere. 6) Package tour by diversification of touristic subregions in this county and linkage system with touristic regions of other counties would helpful to lead visitors to stay long, resulting in increased expenditure.

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A Study on Policies to Increase the Income of Fishing Villages Focused on Non-fishing Income (어촌 소득 증대 방안에 관한 연구 : 어업외 소득을 중심으로)

  • Kim Sung-Gwi;Hong Jang-Won
    • The Journal of Fisheries Business Administration
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    • v.35 no.2
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    • pp.31-51
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    • 2004
  • The reduction of fishing grounds due to the establishment of EEZ system among China, Japan and Korea together with the depletion of fish resources by pollution of waters and successive reclamation projects along the east and the south coastal lines has made many problems in coastal communities including the decrease of population, the deepening aging phenomenon in the fishery society and the fall of relative income level compared with those of rural and urban residents. Especially, the income level of a fishing household is 90%. of a rural resident and 70% of a urban resident. The income of a fishing household consists of 55% of fishing income, 20% of a agricultural source, 20% of income from non-fishing areas, and 10% of transferred income. Compared with that of a Japanese fishing household which has more diverse income sources such as 62% of income coming from non-fishing areas through being hired in manufacturing firms, etc., that of Korean ones is highly dependent upon fishery and agriculture, so that the diversification of income sources is urgently needed, especially in non-fishing areas. This paper shows that as a model to upgrade fisherman's income level, firstly, it is necessary to enhance the value-added of fishing products through processing and new innovation of distribution process and, secondly, to promote tourism in fishing villages. To ascertain this model, a questionnaire survey to fishermen was carried out and showed that they expressed a strong support for the increase of income by the value-added process through processing and innovative distribution system and the active introduction of tourism in fishing villages. A case study on Gosan cooperative in Jeju was also introduced to identify the rationale of the suggested model and this study proved the validity of the model again. Conclusively speaking, to level up the fisherman's income requires the value- added activities through the introduction of product processing and new distribution system together with the introduction of marine tourism in fishing villages.

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Land Tenure Reform and Its Implication for the Forest. Case Study from Oromia Regional State of Ethiopia

  • Mohammed, Abrar Juhar;Inoue, Makoto
    • Journal of Forest and Environmental Science
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    • v.30 no.4
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    • pp.393-404
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    • 2014
  • With consideration of proximate and intricate relationships among rural livelihood, farm land and forestry; this paper examined impact of land tenure reform on local peoples' forest dependency by taking Ethiopia as case study. The post 1975 major land tenure reform and associated activities such as land distribution and forest demarcation were found to be short of minimizing pressure on the forest as has been evidenced by percentage of new households established inside the forest and current level of dependency on the forest. With most of recently established households all making up the poor and very poor categories, together with overall of household composition which is dominated by dependent members coupled by current land tenure system that tie farmers with their land, future dependency on the already diminished forest seems to increase unabated. Reconsidering the existing land tenure system backed by policy for livelihood diversification, improvement in rural education and awareness on demographic issues can minimize future dependency on the forest.

Portfolio of Real Estate Price Index for ICT Environment Study on Diversification Effect (ICT 환경에서 부동산 가격지수 포트폴리오 분산효과에 관한 연구)

  • Jang, Dae-Seub;Min, Guy-Sik
    • The Journal of the Korea institute of electronic communication sciences
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    • v.9 no.3
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    • pp.393-402
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    • 2014
  • ICT environment to the survey released by the Bureau of Statistics 2012 Household Finance. Korean Welfare survey 24.9% of all households in financial assets, real estate is about three times more than 69.9%, respectively. The problem is that the information is slow and income deciles(deciles 1-4), a relatively high proportion of households with low(78.8 to 69%) of the real estate assets of the expansion of the world economy with low growth and low uncertainty, work from home due to the information changes in the structure of the economy, such as increases in real estate prices remain exposed to the risk of a phenomenon such as Pour House Pour Talent and low-income people is bound to be more serious symptoms. This low correlation is by constructing a composite asset portfolio, the weighted average risk of the individual assets while increasing overall revenue decrease that risk is based on the principle of portfolio by type and different areas in the ICT environment in a portfolio of real estate price index low correlation to financial assets by including the effect of dispersion stable complex asset portfolio and empirical Growth was divided.

The Coffee Production and Change, and the Implications in Dak Lak, Vietnam (베트남 닥락 지방의 커피 생산과 변화, 그리고 의미)

  • Lee, Sang-Yool
    • Journal of the Economic Geographical Society of Korea
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    • v.16 no.3
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    • pp.389-407
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    • 2013
  • The objective of this research is to provide an understanding of how coffee production has been taking place since the coffee industry in Vietnam came out in the global market after Doi Moi. Current research tries to understand how the local households of coffee production adjusts to their production process according to internal and external influences. In order to explore coffee production in the level of local and household units, the structure of coffee production in Dak Lak is first explored in terms of production and sales with the cases from two communes. The examination reveals that general characteristics of coffee crops that would reflect coffee production structure. Further, this study interrogates farmers' response to reflect some direct and indirect influences in recent years. That shows how the elements of coffee production in global market induce a change of coffee production in the study area. Those aspects are analyzed in relation to yearly coffee price fluctuation and diversification. Also, this research explores some of farmers' responses toward the environmental friendly coffee production.

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