Purpose The purpose of this paper is to measure TFP growth and job reallocation in the Vietnamese manufacturing industry after the Doimoi period. Design/methodology/approach The study uses firm-level panel data from Vietnam’s annual enterprise survey data for 2000–2016 period in the Vietnamese manufacturing industry using Olley–Pakes static and dynamic productivity decomposition methods. Findings The aggregate productivity estimated from the WRDG method increased 2.323 percent, of which over 40 percent is due to the reallocation toward more productive firms. Olley–Pakes dynamic decomposition according to ownership, scale and industry shows that the contribution of private and state-owned firms and the contribution of small and medium firms and large firms to the TFP growth are 133, −33 percent, 58.56 and 41.44 percent, respectively. The within-firm productivity and net entry components are the main reasons for TFP growth rather than reallocation. The results show that the composition of the aggregate TFPs, estimated from WRDG, OP, LP and ACF, is correlated very high (over 80 percent) except for net entry components. Research limitations/implications The major limitation of this study is that the authors compute an aggregate productivity index using actual employment-based shares (still misallocation in labor), rather than optimal employment-based shares (no misallocation in labor). Originality/value Job reallocation between industries is attracting attention in developing countries, especially transition economies. However, knowledge about job reallocation among industries is limited. This paper assesses the level of job reallocation among private and state-owned firms, small and medium firms and large firms in Vietnam.
The purpose of the paper is to estimate the environmental efficiency of the Vietnamese textile and garment industry and evaluate the impact of the factors on environmental efficiency. The study uses firm-level panel data from the Vietnam annual enterprise survey data for the 2012–2018 period in the Vietnam textile and garment industry to evaluate the environmental efficiency by using the Super-SBM DEA model with undesirable output and applies the Tobit regression model to measure the impact of the factors on the environmental efficiency. This study evaluates environmental efficiency and assesses the impact of some core factors, including the origin of imported machinery and equipment, the origin of imported materials, the management of industrial zones, and the presence of FDI firms, on environmental efficiency at the firm level. The results indicate that the average score for environmental efficiency is 0.233. Some factors, such as income per employee, machined goods imported from developed countries, industrial zones, firm improvement processes, and the presence of FDI, have a positive impact on a firm’s environmental efficiency, whereas materials made in Vietnam have a negative impact.
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