Agricultural productivity growth in Vietnam in reform and post-reform period

This paper applies the Malmquist productivity index method to measure total factor productivity (TFP) growth in Vietnamese agriculture using panel data from 60 provinces in Vietnam during 1985-2000 when Vietnam implemented widespread de-collectivization, trade liberalization, and reformed her agricu...

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Bibliographic Details
Published in:Cogent economics & finance 2021, Vol.9 (1), p.1-18
Main Authors: Vu, Linh Hoang, Nguyen, Le Quy Dinh
Format: Article
Language:English
Subjects:
Agricultural production
Agriculture
bootstrap
Collectivization
DEA
efficiency
Growth rate
Malmquist
Panel data
Productivity
Provinces
Reforms
Trade liberalization
Vietnam
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Summary:This paper applies the Malmquist productivity index method to measure total factor productivity (TFP) growth in Vietnamese agriculture using panel data from 60 provinces in Vietnam during 1985-2000 when Vietnam implemented widespread de-collectivization, trade liberalization, and reformed her agriculture sector. This study indicates that most of the early growth in Vietnamese agriculture during the first reform period 1985-1990 was due to TFP growth in response to incentive reforms. During the second reform period 1990-1995, the growth rate of TFP fell, and Vietnam's agricultural growth was mainly caused by drastic investment in capital. In the post-reform period (1995-2000), TFP growth increased again, though still much lower than 1985-1990. Overall, the TFP growth rate in the whole period is estimated at 1.96 percent, contributing to 38% of Vietnam's agricultural growth.
ISSN:2332-2039
2332-2039
DOI:10.1080/23322039.2021.1972524