IDEAS home Printed from https://ideas.repec.org/a/taf/rjapxx/v17y2012i1p74-93.html
   My bibliography  Save this article

Firm performance in a transitional economy: a case study of Vietnam's garment industry

Author

Listed:
  • Souksavanh Vixathep
  • Nobuaki Matsunaga

Abstract

Amid the global financial crisis and economic downturn, efficiency improvement is one of the essential countermeasures for overcoming the hardship. Recognizing the role of the garment industry in Vietnam's economy, the paper addresses the relationship among technical efficiency and firm structure, business activity, export destination and location based on 2007 firm-level data. We find that high inefficiency exists in the Vietnam's garment industry and there is much room for improvement. Product specialization and export markets would contribute to efficiency enhancement in the short run. Also, garment firms located in Ho Chi Minh City, where competition is fiercer than other production areas, tend to achieve higher efficiency performance. To a lesser extent, private ownership and smaller firm size (small and medium-sized enterprise – SME) appear to be associated with higher efficiency. These findings would give rise to promotion of business competition, market-supporting institutions and nonstate ownership for the benefit of the garment industry as a whole.

Suggested Citation

  • Souksavanh Vixathep & Nobuaki Matsunaga, 2012. "Firm performance in a transitional economy: a case study of Vietnam's garment industry," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 17(1), pages 74-93.
    • Handle: RePEc:taf:rjapxx:v:17:y:2012:i:1:p:74-93
    DOI: 10.1080/13547860.2012.640002
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13547860.2012.640002
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13547860.2012.640002?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sharma, Revti Raman & Nguyen, Thao Kim & Crick, Dave, 2018. "Exploitation Strategy and Performance of Contract Manufacturing Exporters: The Mediating Roles of Exploration Strategy and Marketing Capability," Journal of International Management, Elsevier, vol. 24(3), pages 271-283.
    2. Dhwani Gambhir, 2023. "Major Apparel Exporting Countries in Asia: A Study of Technical Efficiency and Its Determinants," Jindal Journal of Business Research, , vol. 12(1), pages 44-57, June.
    3. Chia Nan Wang & Anh Phuong Le, 2018. "Application in International Market Selection for the Export of Goods: A Case Study in Vietnam," Sustainability, MDPI, vol. 10(12), pages 1-24, December.
    4. Souksavanh Vixathep & Nobuaki Matsunaga, 2012. "Firm Efficiency in Cambodia's Garment Industry on the Eve of the Multi-Fiber Arrangement Termination," Asian Economic Journal, East Asian Economic Association, vol. 26(4), pages 359-380, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rjapxx:v:17:y:2012:i:1:p:74-93. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rjap .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.