Vietnam's responses to provincial economic disparities through central-provincial government financial relations
Binh (Benjamin) Vu,
Tom Nguyen,
Christine Smith and
Hong Son Nghiem
MPRA Paper from University Library of Munich, Germany
Abstract:
The paper examines key changes in central-provincial government financial arrangements and their effects on provincial economic disparities in Vietnam over the period 2000-2008. We find that after 2004, transfers from the central to provincial governments conformed much more closely to objective and pre-determined criteria than before. Econometric estimations indicate that in the post-2004 sub-period, poorer provinces obtained more-than-proportionate assistance from the central government, and the favourable treatment was statistically significant. Responses from interviews and statistical data suggest that transfers from the central government played an important role in reducing poverty and provincial output disparities after 2004. The difficulties experienced by the central government in securing adequate resources to finance such transfers, the over-reliance of some provinces on the transfers, and related policy implications are also discussed in the paper.
Keywords: Provincial; Economic; Disparities; and; Vietnam's; Responses (search for similar items in EconPapers)
JEL-codes: P52 (search for similar items in EconPapers)
Date: 2015, Revised 2014
New Economics Papers: this item is included in nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations:
Published in Australasian Journal of Regional Studies 1.21(2015): pp. 103-137
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/67705/1/MPRA_paper_67705.pdf original version (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:67705
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().