Vietnam is located in the tropical monsoon region and it often faces many types of extreme weather events, especially storms and droughts. In addition to the effect of climate change, extreme weather events have been becoming more complicated and difficult to predict, causing heavy losses to many areas and economic sectors of the country. These problems impose a great threat to the country to achieve its socio-economic targets and sustainable development goals. This study uses a Riparian approach integrated with two-stage Hsiao method using a panel dataset from 2000–2018 to examine the impact of extreme weather events and climate change on the output of agriculture and fishery enterprises in the Central and Central Highlands regions of Vietnam. Findings from the study indicate that extreme weather events and climate change have a negative impact on agriculture and fishery enterprises in the regions. Specifically, the model results show that the value-added loss to agriculture and fishery enterprises as the impact of extreme weather events and climate change may escalate from billion VND 3597.72 to 18,891.2 under different climate change scenarios. The results also indicate the impact of various factors regarding extreme weather events and climate change on the efficiency of enterprises in the study area. Findings from this study provide insights on the impacts of extreme weather events and climate change on value-added of enterprises in the study regions and help to propose appropriate solutions to adapt and mitigate their impacts in the future.
7 October 2019 in Journal of Economics and Development
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.
Nghiên cứu dựa trên bộ số liệu điều tra doanh nghiệp giai đoạn 2010-2019 của Tổng cục thống kê, sử dụng mô hình dữ liệu mảng không gian đánh giá tác động của xuất khẩu tới năng suất nhân tố tổng hợp theo tỉnh. Kết quả nghiên cứu cho thấy, xuất khẩu có tác động lan tỏa tích cực đến TFP của các doanh nghiệp được thể hiện thông qua kênh lan tỏa xuất khẩu theo chiều ngang, lan tỏa xuất khẩu ngược và tỷ trọng phần chia vốn nước ngoài. Tỷ lệ vốn vay bên ngoài cho thấy doanh nghiệp sử dụng nguồn vốn chưa hiệu quả trong việc tăng TFP ở trong phạm vi mỗi tỉnh. Thu nhập của người lao động có tác động tích cực tới tăng TFP cả trong ngắn hạn và dài hạn nhưng lại có tác động tiêu cực cho các tỉnh lân cận. Từ đó, nghiên cứu đề xuất một số giải pháp thúc đẩy lan tỏa tích cực và hạn chế lan tỏa tiêu cực tới năng suất doanh nghiệp ngành chế biến chế tạo Việt Nam.