Firm Efficiency in a Transitional Economy: Evidence from Vietnam
AbstractThe paper examines efficiency performance of the non-state small and medium manufacturing industries in a transitional and developing economy. Using firm level data in Vietnam from 1996 and 2001, cross-sectional models are estimated using the stochastic frontier method. The results show a considerable variation in efficiency levels among firms and that a greater use of family labor and a metropolitan location are associated with improvement in technical efficiency. The results indicate few benefits from direct government financial and non-financial assistance to businesses. Copyright 2008 The Authors.
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Bibliographic InfoArticle provided by East Asian Economic Association in its journal Asian Economic Journal.
Volume (Year): 22 (2008)
Issue (Month): 1 (03)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1351-3958
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- Teerawat Charoenrat & Charles Harvie, 2012. "Technical Efficiency of Thai Manufacturing SMEs: a Comparative Study of North-eastern Provinces," Economics Working Papers, School of Economics, University of Wollongong, NSW, Australia wp12-03, School of Economics, University of Wollongong, NSW, Australia.
- Power, Brendan & Cacho, Oscar J, 2014. "Identifying risk-efficient strategies using stochastic frontier analysis and simulation: An application to irrigated cropping in Australia," Agricultural Systems, Elsevier, Elsevier, vol. 125(C), pages 23-32.
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