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Capital and labour misallocation in Vietnam

Truong, Thi Thu Trang


Vietnam has achieved remarkable development outcomes since reforms in 1986. However, there are concerns about the inclusiveness and sustainability of the country’s development. The share of agriculture in GDP keeps decreasing but employment in agriculture remains high, reflecting the sector’s low labour productivity. The high and rising incremental capital output ratio is a signal of inefficient investment, which is most obvious in the state sector. And the...[Show more]

CollectionsOpen Access Theses
Date published: 2015
Type: Thesis (PhD)


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