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- ISSN: 2333-2581
- Modern Environmental Science and Engineering
Land Acquisition for Industrial Parks and Household Income: A Study From the Mekong Delta, Vietnam
1. University of Phan Thiet, Vietnam
2. Banking University of Ho Chi Minh City, Vietnam
Abstract: Along with the process of forming and developing industrial parks, the situation of land acquisition to serve the construction of industrial parks has been taking place across the country, especially in rural areas. Farming households whose land is acquired must cope with the change of resources to in their livelihoods and income. To develop industrial parks sustainably, for industrialization, it is necessary to pay adequate attention to the change of life and income of people who lost their land. In this study, we employed data collected from 280 households who have land acquired for industrial parks in the Mekong Delta. Binary Logistic regression model is applied to analyze the data to figure out 6 factors that affect income changes of the households. The factors include usage of compensation money for production and business investment after land acquisition, borrowing from formal financial institutions, having their employees working in the industrial parks, educational attainment of the head, dependency ratio and age of household head.
Key words: industrial park, land acquisition, binary logistic regression
