Factors Affecting Income from Public Agricultural Land Use: An Empirical Study from Vietnam
JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS
; 9(6):1-9, 2022.
Article
in English
| Web of Science | ID: covidwho-1939437
ABSTRACT
The study aims to determine the factors and their influence on the income from using public agricultural land of households. Public agricultural land is agricultural land, including land for growing annual crops, perennial crops, and land for aquaculture, leased by commune-level People's Committees with a lease term of not more than 5 years. Secondary data were collected for the 2017-2021 period at state agencies. Primary data were collected from a survey of 150 households renting public agricultural land. The regression model assumed that there were 28 factors belonging to 7 groups. The test results show that 25 factors affect income, and 03 factors do not. The group of COVID-19 pandemic factors has the strongest impact, followed by the groups of agricultural product market factors, land factors, capital factors, production cost factors, labor factors, and climatic factors. The impact rate of COVID-19 pandemic factors is the largest (23.00%);The impact rate of climatic factors is the smallest (6.04%). Proposals to increase income include good implementation of disease prevention and control;increasing the land lease term;accurately forecasting the supply and demand of the agricultural market;raising the level of the household head;ensuring sufficient production capital, and adapting to the climate.
Full text:
Available
Collection:
Databases of international organizations
Database:
Web of Science
Language:
English
Journal:
JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS
Year:
2022
Document Type:
Article
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