The Role of Technology, Investment and Ownership Structure in the Productivity Performance of the Manufacturing Sector in Vietnam
Citation:
C. Newman, G. Narciso, F. Tarp and V.X.N. Hong, The Role of Technology, Investment and Ownership Structure in the Productivity Performance of the Manufacturing Sector in Vietnam, 2009Download Item:
Abstract:
This paper explores the productivity performance of the manufacturing sector in
Vietnam between 2001 and 2007. Total Factor Productivity indices are computed
using an index number approach and the productivity performance of manufacturing
sub-sectors is analysed. We find that productivity increases in almost all sectors and
that for many sectors the dispersion in productivity is declining over time. However,
for the most productive sectors the gap is widening suggesting that productivity is
being driven by the most productive enterprises getting better, leaving the least
productive behind. The empirical analysis reveals investment and technology usage as
important determinants of enterprise productivity levels. Specifically, higher levels of
productivity are found in foreign- and state-owned enterprises, driven almost entirely
by higher levels of investment and technology usage. Our results provide a strong
quantitative basis in support of ongoing government initiatives aimed at encouraging
investment in technology and innovation. They also point to the clear need for such
initiatives to be complemented by measures to provide a more balanced distribution
of investment, such that a level playing field is created for the different types of
enterprises.
Author's Homepage:
http://people.tcd.ie/cnewmanhttp://people.tcd.ie/narcisog
Description:
PUBLISHED
Author: NEWMAN, CAROL; NARCISO, GAIA
Type of material:
Working PaperCollections
Availability:
Full text availableKeywords:
EconomicsMetadata
Show full item recordLicences: