Suchergebnisse

Rural development has as main subject the rural space as a system in which the main components (natural resources, people) interfere and have a specific (economic, social, cultural, political, institutional) behaviour. The rural household is the main actor in the rural space, owner of the main (natural, human, economic, cultural) resources, which it uses at its own discretion and whose behavior is very important for the society where it belongs. The need for this study stems from the necessity of the Romanian rural household to get adapted to the new Romanian and European socio-economic development realities. Even though the modernization paradigm has been replaced by the rural development paradigm, the Romanian rural communities and agriculture must continue their modernization process, which had a sinuous evolution rather than a continuous constant evolution as in the case of the developed countries from Europe, taking into consideration the new orientations of the current rural development.

Investigating household wealth should also include spatial analysis to capture the influence of location on the households' net wealth and to avoid underestimation of the effect of the change of variables due to estimation that ignores spatial aspects. This paper examines factors influencing household net wealth in Indonesia with the influence of spatial lag using data from the Indonesian Family Life Survey (IFLS) for 1993–2014. The article relies on the Spatial Durbin Model (SDM) to analyze the data. Results show that household net wealth in Indonesia is spatially related to each other, and the spillover effect makes the change of household net wealth in Indonesia dominated by the change of variables in neighbouring regions. Furthermore, considering the time component, there is a positive effect of households' size on households' net wealth due to the time component concerning the spatial lag of the dependent and independent variables.

The countercyclical pattern of saving in Thailand in the 1990s and 2000s challenged the prediction of permanent income theory and raised questions about household saving behaviors in the country. Using constructed pseudo-panel data sets from the Thai Household Socioeconomic Surveys from 1992 to 2011, this paper estimates the intensity of the precautionary saving motive, measured by the coefficient of relative prudence of households in Thailand. By using a dynamic pseudo-panel approach to address concerns with regard to individual heterogeneity causing bias in estimation, the estimated relative prudence of Thai households is around 2, which shows a low precautionary saving motive among these households compared to other countries. Estimates based on disaggregation by demographic characteristics show that as a result of the government-assistance policy, older cohorts and those who live in the rural areas show lower prudence. However, female heads of households and those with a high education level exhibit high prudence, indicating the high income uncertainty faced by these groups in the economy.