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The Impact of Agricultural Technology Adoption on Poverty Reduction in Phu Tho, Vietnam

International Journal of Marketing and Business Communication

Volume 7 Issue 2

Published: 2018
Author(s) Name: Pham Ngoc Thu Trang | Author(s) Affiliation: Faculty of Business Administration, Banking University of Ho Chi Minh City, Vietnam.
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Poverty alleviation has become a heated issue of developing nations over the world. There is the relationship between agricultural technology and poverty in most developing countries. Clearly, Viet Nam is a traditional, agricultural nation having 70% of its population in rural areas (CIA, 2014). The selected province, Phu Tho, highlighted the importance of agricultural technology in economic growth as well as poverty eradication. Additionally, there are few studies elaborating on this issue in the context of Phu Tho, Vietnam. The paper argues that applying the agricultural technology is the main solution accompanying with some effects. To be specific, technologies can be developed with the active participation of farmers and understanding of the context of their application. Using OLS regression analysis and the double difference method to estimate the unconditional treatment effect of new agricultural technology on incomes approves that technology adopters received a statistically substantial large growth in agricultural income from irrigation more compared to the non-adopters on average even in the presence of key factors that determine the income. Additionally, the paper conducts various focus group discussion sessions with the respondents to highlight key constraints while applying agricultural technology. In sum, this research suggested that farmers need to enrich their understanding of the technological expertise of new agricultural technologies.

Keywords: Poverty Alleviation, Agricultural Technology, Phu Tho (Vietnam)

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