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Market reform, incentives and economic development in Vietnamese rice production

Tuong, Nhu Che; Kompas, Tom; Vousden, Neil


This paper analyzes the dramatic increases in rice output and productivity in Vietnam due in large part to market reform, inducing farmers to work harder and use land more efficiently. The reform process is captured through changes in effort variables and a decomposition of total factor productivity (TFP) for Vietnam as a whole as well as for the north and south of the country taken separately. The results show that the more extensive is market reform the larger the increase in TFP and the...[Show more]

CollectionsANU Research Publications
Date published: 2003-12
Type: Working/Technical Paper
Source: Comparitive Economic Studies


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