Firm Efficiency in a Transitional Economy: Evidence from Vietnam
The 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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Volume (Year): 22 (2008)
Issue (Month): 1 (03)
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