Impact of livestock and crop conversion support program on farm household income: A study in Chau Thanh A District

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.