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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.

The Impact of Credit on Income Inequality in Vietnam

  • LE, Quoc Hoi;NGUYEN, Bich Ngoc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.5
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    • pp.111-118
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    • 2020
  • This paper examines the impacts of credit on income inequality in Vietnam. Though it is one of the most common measures of financial development, there is a dearth of research in this area. Unlike previous studies, the paper disaggregates the impact of each type of credit on income inequality, looking at the Gini coefficient. We employ the Generalized Method of Moment (GMM) to solve the endogenous problem. The primary data set contains a panel of 60 Provincial observations, from data collected from the General Statistics Office of Vietnam from 2002 to 2016. The empirical findings show that, while commercial credit increases income inequality, policy credit contributes to reducing income inequality in Vietnam. The results also confirm the important roles of education, institutional quality and foreign direct investment in fighting against income inequality in Vietnam. However, the paper does not provide adequate evidence to support the inverted U-shaped relationship between credit and income inequality. Based on the findings, we argue that the government should direct flows of credit to real economic activities rather than speculative investment; more bank credit should be allocated to rural areas and agriculture; and favorable credit programs should be designed to promote education, especially of those living in rural areas.

The Effect of Economic Growth and Urbanization on Poverty Reduction in Vietnam

  • NGUYEN, Huyen Thi Thanh;NGUYEN, Chau Van;NGUYEN, Cong Van
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.229-239
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    • 2020
  • This article aims to measure the impact of economic growth and urbanization on poverty reduction in Vietnam, and verify whether economic growth and urbanization will help reduce poverty rates. Data for this study are tabular data related to growth, urbanization and poverty at the provincial level for the period of nine years, from 2006 to 2014 provided by the Vietnam General Statistics Office and the Vietnam General Department of Customs. The level of economic growth and urbanization mentioned in the study is reflected in such indicators as GDP value, exports value, imports value, urbanization rate and employment rate. The authors used logistic regression models with fixed-effects and logistic regression models with random effects. With 5% confidence level tested by the Chi-Square test of Hausman trial with the fixed-effect model, research results show that: (1) factors with significant negative impact on the poverty rate include imports value, urbanization rate and, employment rate; (2) factors that do not affect the poverty rate include exports value and GDP value. Based on the research results, this study proposes a number of policy recommendations to help promote economic growth, to sustain the urbanization process, and to contribute directly and positively to poverty reduction in Vietnam.

Effect of Two Step Austenitizing Treatment Conditions on the Microstructural Characteristics of ADI (ADI의 조직특성에 미치는 2단 오스테나이트화 처리조건의 영향)

  • Choi, S.L.;Yun, K.H.;Moon, W.J.;Kang, C.Y.;Kim, H.G.
    • Journal of the Korean Society for Heat Treatment
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    • v.11 no.1
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    • pp.46-53
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    • 1998
  • The variation of the mechanical properties, microstructures and the formation of retained austenite with heat treatment conditions in austempered ductile cast iron has been investigated. In the case of austempered ductile cast iron below 25mm diameter, it has been found that a pearlite structure are not obtained under a super cooled condition at range of $0.05^{\circ}C/sec{\sim}10^{\circ}C/sec$, and the matrix is precipitated in graphite, bainite and retained austenite. After austempering treatment the retained austenite is increased with decreasing cooling rate. The elongation increases with decreasing super cooling rate, and the optimum result has been shown to be the elongation of 15.6% at super cooling rate of $0.05^{\circ}C/sec$. The optimum result has been shown to be the tensile strength-elongation balance of $1656kgf/mm^2.%$ and it is more than doubled to as the casting state and continuous cooling condition.

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RGF: Receiver-based Greedy Forwarding for Energy Efficiency in Lossy Wireless Sensor Networks

  • Hur, In;Kim, Moon-Seong;Seo, Jae-Wan;Choo, Hyun-Seung
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.4 no.4
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    • pp.529-546
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    • 2010
  • Greedy forwarding is the key mechanism of geographic routing and is one of the protocols used most commonly in wireless sensor networks. Greedy forwarding uses 1-hop local information to forward packets to the destination and does not have to maintain the routing table, and thus it takes small overhead and has excellent scalability. However, the signal intensity reduces exponentially with the distance in realistic wireless sensor network, and greedy forwarding consumes a lot of energy, since it forwards the packets to the neighbor node closest to the destination. Previous proposed greedy forwarding protocols are the sender-based greedy forwarding that a sender selects a neighbor node to forward packets as the forwarding node and hence they cannot guarantee energy efficient forwarding in unpredictable wireless environment. In this paper, we propose the receiver-based greedy forwarding called RGF where one of the neighbor nodes that received the packet forwards it by itself. In RGF, sender selects several energy efficient nodes as candidate forwarding nodes and decides forwarding priority of them in order to prevent unnecessary transmissions. The simulation results show that RGF improves delivery rate up to maximum 66.8% and energy efficiency, 60.9% compared with existing sender-based greedy forwarding.

A Study on the Impact to Safety Management by the Speedy Construction Work and the Prevention Measure (돌관공사가 안전관리에 미치는 영향 및 예방대책에 관한 연구)

  • Ha, Haeng-Bong;Bang, Myung-Seok
    • Journal of the Korea Safety Management & Science
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    • v.15 no.2
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    • pp.143-149
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    • 2013
  • Recently in the construction business construction companies has been ordered to survive in the terriblly competitive environment. Aa a result, most of the project with low-priced contract needs a speedy progress during all construction period. For the last five years major incident frequently occurs and results in the death of 189 workers at major top 6 construction builders. In most recent 10 years, the cause of major incidents happened in construction company is the speedy construction work that is affecting on the safety management. To prevent these accidents in the speedy construction work, four factors were chosed and analysed such as the personnel/organization, the working budget, the subcontractor selection and the employee motivation. The head office taked the support plan and tested it at the pilot work site. It showed a reduced accident and the harmful factors can be eliminated. It should be able to apply to the field to secure safety and prevent accidents.

A Comparative Study on the Management in KDC, DDC, and NDC. (KDC, DDC, NDC의 비교 분석적 연구 -경영학 영역을 중심으로-)

  • Kim Myung-Ok
    • Journal of the Korean Society for Library and Information Science
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    • v.14
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    • pp.19-65
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    • 1987
  • Library classification schedule IS based on the classification theory, principle and the system of the classification of science. It should be consisted of the basic principle of library classification which should use the library materials effectively. Continuous study and research on the each subject field of the discipline are essential for keeping up with the transformation of each learning field and the change of modern society. In this paper, I studied comparatively the sections and subsections of the management in KDC, DDC and NDC and reviewed the academic systems of each subject area in the management. I tried to compare the relationship beween the structure of library classifications and academic systems for the more specialized subsections of the management. KDC is influenced by the principle and structure of DDC, but I found that KDC is more similar to NDC than DDC in the sections and subsections of the management. Being un sufficient of subsections of KDC and NDC, they are not enough for the expansion and specialization of the subsections in the management. DDC is necessary to re-schedule for the proper expansion of 650 and 658 with reflection of the importance of that sections and academic systems. In this study, I adoped 9 sections of management, (1) Management policy (2) Administrative organization (3) Personnel (4) Office management and business information management (5) Marketing (6) Financial management (7) Production management (8) Accounting (9) International management. It would be necessary for us to study continuously about the specilized subsubsections of the management for the more professional classification.

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Household's Food and Beverage Expenditure Patterns (가계의 식료품비 지출패턴)

  • Kim, Young-Suk;Mo, Soo-Won
    • Journal of the Korean Society of Food Culture
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    • v.26 no.2
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    • pp.170-177
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    • 2011
  • We examined household's food expenditures in this study. The empirical work outlined here used quarterly data from 2003 Q1 to 2010 Q3. All variables are in log form and were obtained from the Korea National Statistical Office. The food items included cereals, dairy products, fruits, meat, vegetables, and alcoholic beverages. We applied the ordinary least squares method to a model consisting of household income and seasonal dummies. This is because household expenditures are ordinarily a function of income and have seasonal characteristics. The household's food consumption patterns also reflect the prevailing social and environmental circumstances. This study showed that the income coefficients of cereals, meat, dairy products, and alcoholic beverages tend to increase in the long-run, whereas those of vegetables and fruits decreased. The results also revealed that consumption of alcoholic beverages and meat was greatly affected by household income fluctuations, whereas those of vegetables and dairy products were not sensitive to income. The impulse response functions indicated that expenditures not only increased slowly before peaking one to eight quarters after the income shock but declined very slowly to pre-shock levels. The response of dairy products at the twelfth step was three times as large as that of the first step.

Study on Korean Long-lasting Restaurant Model: Use of Qualitative Observation and Research Interview (한국 장수식당의 정성적 모델 연구)

  • Kim, Hee-Sun
    • Journal of the Korean Society of Food Culture
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    • v.26 no.3
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    • pp.211-219
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    • 2011
  • To examine the key success factors for long-lasting restaurants, we visited 10 restaurants with 30 or more than 30 years of tradition, located in Seoul and Gyeonggi-do districts, to research these restaurant menus and customer characteristics by observation and interview. The results were analyzed using descriptive statistics. The outstanding feature noted was that each and every restaurant had its own simple and specialized menu. We found that this feature created a virtuous circle that reinforced itself through a positive feedback loop. The simple and specialized menu increased both the cooking efficiency and food quality while it reduced both food and labor costs, this enabled the customers to eat at an affordable price and have generous servings. This lead to customer satisfaction and revisits to the restaurant, which triggered word-of-mouth referral and expansion of their customer base. This in turn created higher operating profit margins that could be reinvested in the business. The secret recipes for cooking, invented by their founders, were passed on from generation to generation. Their customer base included customers of all ages from children to senior people. And their regular customers consisted of neighboring office workers and families traveling from a long distance. We hope that our findings on long-lasting restaurants, especially of the virtuous cycle created due to the simple and specialized menus with secret recipes, will contribute to the development of Korean style long-lasting restaurant model.

A Study on Wetting, Interfacial Reaction and Mechanical Properties between Sn-Bi-Ag System Solders and Cu Substrate (Sn-Bi-Ag계 땜납과 Cu기판과의 젖음성, 계면 반응 및 기계적 성질에 관한 연구)

  • Seo, Youn-Jong;Lee, Kyung-Ku;Lee, Doh-Jae
    • Journal of Korea Foundry Society
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    • v.17 no.3
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    • pp.245-251
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    • 1997
  • Solderability, interfacial reaction and mechanical properties of joint between Sn-Bi-Ag base solder and Cu-substrate were studied. Solders were subjected to aging treatments to see the change of mechanical properties for up to 30 days at $100^{\circ}C$, and then also examined the changes of microstructure and morphology of interfacial compound. Sn-Bi-Ag base solder showed about double tensile strength comparing to Pb-Sn eutectic solder. Addition of 0.7wt%Al in the Sn-Bi-Ag alloy increase spread area on Cu substrate under R-flux and helps to reduce the growth of intermetallic compound during heat-treatment. According to the aging experiments of Cu/solder joint, interfacial intermetallic compound layer was exhibited a parabolic growth to aging time. The result of EDS, it is supposed that the soldered interfacial zone was composed of $Cu_6Sn_5$.

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