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COVID-19 and its effect on income of different social groups in Vietnam: A comparative analysis

Year: 2025

Type: article

Abstract: This study examines the impact of COVID-19 on income distribution among different social groups in Vietnam, analyzing nominal and real income changes before, during,and after the pandemic. This study evaluates income growth across demographic and economic segments based on data from the General Statistics Office of Vietnamusing comparative analysis and scatterplot diagrams. The findings show that COVID-19 disproportionately affected wealthier individuals, particularly those in urban areasleading to a decline in income inequality as measured by the GINI index. High-income regions experienced greater losses due to higher population densities and prolonged lockdowns. While lower-income groups maintained stable growth,overall income levels declined slowing economic recovery. Although income inequality narrowed, this resulted from economic contraction rather than improved wealth distribution. The study highlights the need for targeted policy measures to support economicresilience in high-density regions and mitigate income shocks during future crises.

Source: The Economics and Finance Letters

DOI: 10.18488/29.v12i2.4183

Authors: Ha Anh Trinh, Nguyen Duc Do

Institutions: Vietnam National University, Hanoi, Academy Of Finance, Viện Kinh tế - Tài chính

Language: English

Topic: Income, Poverty, and Inequality

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDGs: Reduced inequalities, No poverty, Decent work and economic growth, Good health and well-being

Open Access status: diamond

OpenAlex ID: W4409831472

FWCI:

Cites: 9

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Related to: 10