The effect of incentive reforms upon productivity : evidence from the Vietnamese rice industry
Nghiem, Hong Son & Coelli, Tim (2002) The effect of incentive reforms upon productivity : evidence from the Vietnamese rice industry. Journal of Development Studies, 39(1), pp. 74-93.
In this study we use region-level panel data on rice production in Vietnam to investigate total factor productivity (TFP) growth in the period since reunification in 1975. Two significant reforms were introduced during this period, one in 1981 allowing farmers to keep part of their produce, and another in 1987 providing improved land tenure. We measure TFP growth using two modified forms of the standard Malmquist data envelopment analysis (DEA) method, which we have named the Three-year-window (TYW) and the Full Cumulative (FC) methods. We have developed these methods to deal with degrees of freedom limitations. Our empirical results indicate strong average TFP growth of between 3.3 and 3.5 per cent per annum, with the fastest growth observed in the period following the first reform. Our results support the assertion that incentive related issues have played a large role in the decline and subsequent resurgence of Vietnamese agriculture.
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|Item Type:||Journal Article|
|Keywords:||region-level panel data, rice production, Vietnam, reforms, Malmquist data envelopment analysis, incentive related issues|
|Subjects:||Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200) > Agricultural Economics (140201)
Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200) > Economic Development and Growth (140202)
|Divisions:||Current > QUT Faculties and Divisions > Faculty of Health
Current > Institutes > Institute of Health and Biomedical Innovation
|Deposited On:||05 Mar 2015 22:29|
|Last Modified:||05 Mar 2015 22:29|
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