Factor productivity and efficiency of the Vietnamese economy in transition
The purpose of this paper is to estimate changes in productivity, technical efficiency and technology across the economic sectors during the period 1985-2006. We also seek to identify the turning points for productivity growth to see whether it was accompanied by technological change and/or technical efficiency. For estimating economic growth, aggregate production function is used. We find that, during the study period, technical progress contributed about 19.7 per cent to the country’s economic growth. We also estimate total factor productivity for the whole economy as well as for individual economic sectors, and the results show that the economy’s productivity growth was largely driven by the industrial sector.
Volume (Year): 15 (2008)
Issue (Month): 1 (June)
|Contact details of provider:|| Postal: The United Nations Building, Rajadamnern Nok Avenue, Bangkok 10200|
Phone: (66-2) 288-1234
Fax: (66-2) 288-1000
Web page: http://www.unescap.org/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July.
When requesting a correction, please mention this item's handle: RePEc:unt:jnapdj:v:15:y:2008:i:1:p:93-117. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Macroeconomic Policy and Development Division, ESCAP)
If references are entirely missing, you can add them using this form.