Munich Personal RePEc Archive

Vietnam’s Agricultural Productivity: A Malmquist Index Approach

VU, LINH HOANG (2012): Vietnam’s Agricultural Productivity: A Malmquist Index Approach.

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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.

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