Abstract
This paper attempts to measure the effect of resource misallocation on aggregate manufacturing total factor productivity, focusing on Vietnamese manufacturing firms during the period 2000–2009. One of the major findings of this paper is that there would have been substantial improvement in aggregate total factor productivity in Viet Nam in the absence of distortions. The results imply that potential productivity gains from removing distortions in Vietnamese manufacturing are large. We also find that smaller firms tend to face advantageous distortions, while larger firms tend to face disadvantageous ones. Moreover, the efficient size distribution is more dispersed than the actual size distribution. These results suggest that Viet Nam’s policies may constrain its largest and most efficient producers, and coddle its smallest and least efficient ones.
| Original language | English |
|---|---|
| Pages (from-to) | 94-118 |
| Number of pages | 25 |
| Journal | Asian Development Review |
| Volume | 33 |
| Issue number | 2Special Issue |
| DOIs | |
| Publication status | Published - 2016 Sep 1 |
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Keywords
- Misallocation
- Total factor productivity
- Viet Nam
ASJC Scopus subject areas
- Geography, Planning and Development
- Development
Cite this
Misallocation and productivity : The case of Vietnamese manufacturing. / Ha, Doan Thi Thanh; Kiyota, Kozo; Yamanouchi, Kenta.
In: Asian Development Review, Vol. 33, No. 2Special Issue, 01.09.2016, p. 94-118.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Misallocation and productivity
T2 - The case of Vietnamese manufacturing
AU - Ha, Doan Thi Thanh
AU - Kiyota, Kozo
AU - Yamanouchi, Kenta
PY - 2016/9/1
Y1 - 2016/9/1
N2 - This paper attempts to measure the effect of resource misallocation on aggregate manufacturing total factor productivity, focusing on Vietnamese manufacturing firms during the period 2000–2009. One of the major findings of this paper is that there would have been substantial improvement in aggregate total factor productivity in Viet Nam in the absence of distortions. The results imply that potential productivity gains from removing distortions in Vietnamese manufacturing are large. We also find that smaller firms tend to face advantageous distortions, while larger firms tend to face disadvantageous ones. Moreover, the efficient size distribution is more dispersed than the actual size distribution. These results suggest that Viet Nam’s policies may constrain its largest and most efficient producers, and coddle its smallest and least efficient ones.
AB - This paper attempts to measure the effect of resource misallocation on aggregate manufacturing total factor productivity, focusing on Vietnamese manufacturing firms during the period 2000–2009. One of the major findings of this paper is that there would have been substantial improvement in aggregate total factor productivity in Viet Nam in the absence of distortions. The results imply that potential productivity gains from removing distortions in Vietnamese manufacturing are large. We also find that smaller firms tend to face advantageous distortions, while larger firms tend to face disadvantageous ones. Moreover, the efficient size distribution is more dispersed than the actual size distribution. These results suggest that Viet Nam’s policies may constrain its largest and most efficient producers, and coddle its smallest and least efficient ones.
KW - Misallocation
KW - Total factor productivity
KW - Viet Nam
UR - http://www.scopus.com/inward/record.url?scp=84988733661&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84988733661&partnerID=8YFLogxK
U2 - 10.1162/ADEV_a_00074
DO - 10.1162/ADEV_a_00074
M3 - Article
AN - SCOPUS:84988733661
VL - 33
SP - 94
EP - 118
JO - Asian Development Review
JF - Asian Development Review
SN - 0116-1105
IS - 2Special Issue
ER -