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Economic Structure and Development in an Emergent Asian Economy: Evidence from a Social Accounting Matrix for Vietnam

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Listed:
  • Tarp, Finn
  • Roland-Holst, David
  • Rand, John

Abstract

Vietnam started a process of economic reform in 1986 and is presently opening up its economy to regional and global economic forces. As a result, Vietnam faces significant challenges in the area of economic policy analysis. This paper reviews insights emerging from a detailed social accounting matrix (SAM), compiled for the year 2000. The SAM reflects Vietnam’s heavy reliance on primary sector activities, but we also find that agricultural potential could be expanded significantly. In other sectors, the critical importance of sustained commitments to human capital development is apparent. In this context, the international donor community can support the ongoing transformation process through concerted training and capacity building initiatives that have proven successful elsewhere in the region.

Suggested Citation

  • Tarp, Finn & Roland-Holst, David & Rand, John, 2003. "Economic Structure and Development in an Emergent Asian Economy: Evidence from a Social Accounting Matrix for Vietnam," MPRA Paper 29415, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:29415
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    References listed on IDEAS

    as
    1. Joseph E. Stiglitz & Shahid Yusuf, 2001. "Rethinking the East Asian Miracle," World Bank Publications - Books, The World Bank Group, number 13969, December.
    2. H. Son Nghiem & T. Coelli, 2002. "The Effect of Incentive Reforms Upon Productivity: Evidence from the Vietnamese Rice Industry," Journal of Development Studies, Taylor & Francis Journals, vol. 39(1), pages 74-93.
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    Cited by:

    1. Dang Thi Thu Hoai & Finn Tarp & Dirk van Seventer & Ho Cong Hoa., 2016. "Growth and structural transformation in Vietnam during the 2000s," WIDER Working Paper Series 108, World Institute for Development Economic Research (UNU-WIDER).
    2. Stein Kristiansen, 2003. "Linkages and Rural Non-Farm Employment Creation: Changing Challenges and Policies in Indonesia," Working Papers 03-22, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
    3. Dang Thi Thu Hoai & Finn Tarp & Dirk van Seventer & Ho Cong Hoa, 2016. "Growth and structural transformation in Vietnam during the 2000s," WIDER Working Paper Series wp-2016-108, World Institute for Development Economic Research (UNU-WIDER).
    4. Susana Santos, 2022. "An empirical and theoretical approach to a country's economic activity based on a Social Accounting Matrix. An application to Portugal," Bulletin of Applied Economics, Risk Market Journals, vol. 9(1), pages 27-37.
    5. Finn Tarp, 2018. "Vietnam: The dragon that rose from the ashes," WIDER Working Paper Series wp-2018-126, World Institute for Development Economic Research (UNU-WIDER).
    6. Alvaro Gallardo & Cristian Mardones, 2013. "Environmentally extended social accounting matrix for Chile," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 15(4), pages 1099-1127, August.
    7. Pham Thai Hung & Bui Anh Tuan & Nguyen The Chinh, 2016. "The Impact of Trade Liberalization on Industrial Pollution: Empirical Evidence from Vietnam," EEPSEA Research Report rr2016042, Economy and Environment Program for Southeast Asia (EEPSEA), revised Apr 2016.
    8. M. Yusof Saari & Erik Dietzenbacher & Bart Los, 2014. "Income Distribution across Ethnic Groups in Malaysia: Results from a New Social Accounting Matrix," Asian Economic Journal, East Asian Economic Association, vol. 28(3), pages 259-278, September.
    9. Finn Tarp, 2018. "Vietnam: The dragon that rose from the ashes," WIDER Working Paper Series 126, World Institute for Development Economic Research (UNU-WIDER).
    10. Pham, Hung T, 2006. "Rural Nonfarm Employment Under Trade Reform Evidence From Vietnam, 1993-2002," MPRA Paper 6476, University Library of Munich, Germany.
    11. Vasco Molini & Guanghua Wan, 2008. "Discovering sources of inequality in transition economies: a case study of rural Vietnam," Economic Change and Restructuring, Springer, vol. 41(1), pages 75-96, March.
    12. Jonathan Haughton & Nguyen The Quan & Nguyen Hoang Bao, 2006. "Tax Incidence in Vietnam," Asian Economic Journal, East Asian Economic Association, vol. 20(2), pages 217-239, June.

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    More about this item

    Keywords

    Economic structure; Economic reform; Vietnam;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets

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