Volume 11, Issue 4 (April 2024), Pages: 93-99
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Original research Paper
Impact of livestock and crop conversion support program on farm household income: A study in Chau Thanh A District
Author(s):
Quang Vang Dang 1, Quoc Duy Vuong 2, *
Affiliation(s):
1Dean of Faculty of Economics, Ho Chi Minh University of Technology and Education, Ho Chi Minh City, Vietnam
2Department of Finance and Banking, School of Economics, Can Tho University, Can Tho City, Vietnam
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* Corresponding Author.
Corresponding author's ORCID profile: https://orcid.org/0000-0002-6870-4106
Digital Object Identifier (DOI)
https://doi.org/10.21833/ijaas.2024.04.011
Abstract
This paper investigates the impact of a support program for livestock and crop conversion on the incomes of farm households in the Chau Thanh A district of Hau Giang province. It analyzes data from 250 farming households in the area using the propensity score matching (PSM) method. The study uses probit regression to identify three key factors that significantly affect a household's ability to benefit from the support program: the size of the land owned, as well as the age and gender of the household head. Additionally, the PSM analysis reveals that farm households participating in the support program earn significantly more income than those that do not, with an annual income difference of 159 million VND. These findings support earlier research on the subject. Based on these results, the authors suggest several strategies to encourage more farm households to join the livestock and crop conversion support program, which could help improve their incomes and overall quality of life.
© 2024 The Authors. Published by IASE.
This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
Keywords
Livestock and crop conversion support, Farm household income, Propensity score matching method, Probit regression model
Article history
Received 17 December 2023, Received in revised form 28 March 2024, Accepted 1 April 2024
Acknowledgment
No Acknowledgment.
Compliance with ethical standards
Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.
Citation:
Dang QV and Vuong QD (2024). Impact of livestock and crop conversion support program on farm household income: A study in Chau Thanh A District. International Journal of Advanced and Applied Sciences, 11(4): 93-99
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