Vietnam’s Agricultural Productivity: A Malmquist Index Approach
Linh Vu ()
MPRA Paper from University Library of Munich, Germany
This paper applies Malmquist productivity index method to measure total factor productivity (TFP) growth in Vietnamese agriculture using a panel data from 60 provinces in Vietnam during the period 1985-2000. This study indicates that most of the early growth in Vietnamese agriculture (1985-1990) was due to TFP growth, in response to incentive reforms. During the period 1990-1995, the growth rate of TFP fell and Vietnam’s agricultural growth was mainly caused by drastic investment in capital. In the last period 1995-2000, TFP growth increased again, though still much lower than the period 1985-1990. Overall, TFP growth rate in the whole period is estimated 1.96 percent, contributing to 38% of Vietnam’s agricultural growth.
Keywords: Vietnam; productivity; agriculture; efficiency; DEA; Malmquist; bootstrap. (search for similar items in EconPapers)
JEL-codes: D24 Q11 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:94800
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