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Economic strutural change 1986-2025

Thi Huong Nguyen and Thi Mai Hanh Nguyen

MPRA Paper from University Library of Munich, Germany

Abstract: This study investigates the evolving structure of Vietnam’s economy after ĐổiMới by analyzing output, value-added, and import multipliers for the years 1989, 1996, 2000, 2007, 2012, 2019, and 2025. Unlike conventional approaches, multipliers are decomposed into intra-industry effects and spillover effects components, capturing direct, indirect, and inter-industry feedback loops effects and spillover effects for output, value added, and imports. The results reveal substantial shifts in industrial roles and highlight previously underappreciated channels through which economic activity propagates. By distinguishing these components, the analysis identifies sectors with disproportionate influence on production and trade, offering a refined perspective on structural transformation. These findings provide actionable insights for policymakers aiming to streng then sectoral linkages, enhance value-added generation, and strategically manage import dependence in a rapidly evolving economic landscape.

Keywords: Input-Output analysis; internal effects; Intra-industry effects; Spillover effects; Structural transformation; Vietnam economy. (search for similar items in EconPapers)
JEL-codes: C67 (search for similar items in EconPapers)
Date: 2026-03-15
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