Effects of economic growth, trade expansion, poverty on income inequality in provinces in Vietnam

Tóm tắt

The objective of this research is to determine the impact of economic growth, investment capital, budget expenditure, trade expansion, poverty, institutions on income inequality in provinces in Vietnam. This research utilized data collected by the General Statistics Office of Vietnam from 2016 to 2022, combined with the Vietnam Household Living Standard Survey reports from the same period. Empirical results derived from Two-Stage Least Squares (2SLS) regression method reveal that economic growth, trade expansion, budget expenditure on medical care and poverty have effects on income inequality in provinces. Economic growth and poverty rate have positive impacts on income inequality in provinces; in contrast, trade expansion and budget expenditure on medical have negative impacts on income inequality in provinces. There is a significant difference in income inequality among regions in Vietnam.