Confirmatory Factor Analysis of Assets That Influence Informal Garment Workers’ Livelihood Security in Laos

Hanvedes Daovisan and Thanapauge Chamaratana
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Hanvedes Daovisan: Center for Research on Plurality in the Mekong Region (CERP), 1st Floor, HS.02 Building, Faculty of Humanities and Social Sciences, Khon Kaen University, 123 Mittapap Rd., Muang District, Khon Kaen 40002, Thailand
Thanapauge Chamaratana: Department of Social Development, Faculty of Humanities and Social Science, Khon Kaen University, 123 Mittapap Rd., Muang District, Khon Kaen 40002, Thailand

Societies, 2018, vol. 8, issue 3, 1-11

Abstract: Laos is a socialist transition economy that has continued to increase its household characteristics, social assets, and human assets, all of which significantly influence livelihood security. The study sample generated 333 responses with confirmatory factor analysis (CFA) conducted using the LISREL software 9.30 for Window. The statistical model showed good fit with χ 2 / df = 62, CFI (comparative fit index) = 0.968, GFI (goodness-of-fit index) = 0.969, and RMSEA (root-mean-square error of approximation) = 0.0358, respectively. The findings confirmed that the standardized coefficients for household characteristics ( β = 0.429, p < 0.01), social assets ( β = 0.505, p < 0.01), and financial assets ( β = 0.423, p < 0.01) positively influenced livelihood security. The implication of the current findings regarding the model will be discussed.

Keywords: assets; informal garment sector; livelihood security; Laos (search for similar items in EconPapers)
JEL-codes: A13 A14 P P0 P1 P2 P3 P4 P5 Z1 (search for similar items in EconPapers)
Date: 2018
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