The effect of incentive reforms upon productivity: Evidence from the Vietnamese rice industry

Nghiem, Hong Son and Coelli, Tim (2002) The effect of incentive reforms upon productivity: Evidence from the Vietnamese rice industry. Journal of Development Studies, 39 1: 74-93. doi:10.1080/00220380412331322671


Author Nghiem, Hong Son
Coelli, Tim
Title The effect of incentive reforms upon productivity: Evidence from the Vietnamese rice industry
Journal name Journal of Development Studies   Check publisher's open access policy
ISSN 1743-9140
0022-0388
Publication date 2002-10-01
Sub-type Article (original research)
DOI 10.1080/00220380412331322671
Open Access Status Not yet assessed
Volume 39
Issue 1
Start page 74
End page 93
Total pages 20
Editor C. Colclough
J. Harriss
Place of publication Oxforshire, U.K.
Publisher Taylor & Francis
Language eng
Subject C1
340402 Econometric and Statistical Methods
720205 Industry costs and structure
720404 Productivity
140202 Economic Development and Growth
140201 Agricultural Economics
Abstract 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.
Keyword Economics
Planning & Development
Technical Efficiency
Agriculture
Countries
Progress
Growth
Q-Index Code C1

Document type: Journal Article
Sub-type: Article (original research)
Collections: Excellence in Research Australia (ERA) - Collection
School of Economics Publications
School of Medicine Publications
 
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Created: Wed, 15 Aug 2007, 03:07:41 EST