A model of the behaviour of Vietnamese SOE's during the reform period
Date
2002
Authors
Vu, Quoc Ngu
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
[Introduction]: In an attempt to understand the behaviour of SOEs in their operation, this paper reports the construction of an econometric model designed to analyse the effects of government policies on the behaviour of industrial SOEs in Vietnam during the period under study. Part 1 describes the model, beginning with the specification of the production function of SOEs. The section following describes the income and utility functions assumed. A section on the production function, which includes a workers’ effort variable, concludes part 1. Part 2 is about the determinants of total factor productiviety (TFP) and analysis of the level of TFP at different stages of the reform process. Part 3 focuses on the profitability and the optimal level of indirect costs of production (i.e., marketing and administrative expenses) from the point of view of the SOE. It outlines a framework for the analysis of the effects on profit and indirect costs of subsidy policies and the assessment criteria applied to SOEs. Part 4 concludes.
Description
Keywords
Vietnam, SOEs, State owned enterprises, economic reform, Cobb-Douglas, reform policies, TFP, total factor productivity, econometric model
Citation
Collections
Source
Type
Working/Technical Paper
Book Title
Entity type
Access Statement
License Rights
DOI
Restricted until
Downloads
File
Description