(LUẬN văn THẠC sĩ) productivity growth, technological progress and efficiencychanges in vietnamese high tech industries

UNIVERSITY OF ECONOMICS INSTITUTE OF SOCIAL STUDIES HO CHI MINH CITY THE HAGUE VIETNAM THE NETHERLANDS VIETNAM - NETHERLANDS PROGRAMME FOR M.A IN DEVELOPMENT ECONOMICS PRODUCTIVITY GROWTH, TECHNOLOGICAL PROGRESS AND EFFICIENCY CHANGES IN VIETNAMESE HIGH-TECH INDUSTRIES BY DAO HOANG BINH THIEN MASTER OF ARTS IN DEVELOPMENT ECONOMICS HO CHI MINH CITY, January 2015 TIEU LUAN MOI download : skknchat@gmail.com UNIVERSITY OF ECONOMICS INSTITUTE OF SOCIAL STUDIES HO CHI MINH CITY THE HAGUE VIETNAM THE NETHERLANDS VIETNAM - NETHERLANDS PROGRAMME FOR M.A IN DEVELOPMENT ECONOMICS PRODUCTIVITY GROWTH, TECHNOLOGICAL PROGRESS AND EFFICIENCY CHANGES IN VIETNAMESE HIGH-TECH INDUSTRIES A thesis submitted in partial fulfilment of the requirements for the degree of MASTER OF ARTS IN DEVELOPMENT ECONOMICS By DAO HOANG BINH THIEN Academic Supervisor: Dr TRUONG DANG THUY HO CHI MINH CITY, January 2015 TIEU LUAN MOI download : skknchat@gmail.com ABSTRACT Recently, Vietnamese high-tech industries have been receiving attention from both the government, foreign companies, as well as the private sector due to the notable figures of export values (Ministry of Trade and Industry [MoIT] & United Nations Industrial Development Organization [UNIDO], 2011) This thesis attempts to estimate the productivity growth of Vietnamese high-tech manufacturers and its sources of growth Stochastic Production Frontier (SPF) approach is applied to the 2000-2012 panel dataset of Vietnamese high-tech manufactures, which are divided in sub-industries Total Factor Productivity (TFP) is then measured and decomposed to three sources, namely Technological progress (TP), Technical efficiency changes (TEC), and Scale change effects (SCE) Three different technical inefficiency effects models are also applied to investigate the determinants of technical efficiency The empirical results show considerable controversy in both signs and magnitudes of TFP and its components, TE and its determinants across models However, in general, maximum likelihood estimates show that TFP is not the main source of output increase Furthermore, the productivity and efficiency of Vietnamese high-tech manufacturers are unlikely to change largely over time Nevertheless, there are differences of technical inefficiency effects across regions, sub-industries, firm sizes, and type of ownerships Keywords: Vietnam, High-tech, manufacturing, productivity, TFP, Technological progress, Technical efficiency, Scale change effects iii TIEU LUAN MOI download : skknchat@gmail.com ACKNOWLEDGEMENT I have taken efforts in this thesis However, it would not have been completed without supports of many individuals and organizations I would like to express my appreciation to all of them I would like to give special thanks to my academic supervisor, Dr Truong Dang Thuy, whose comments and encouragement helped me to write this thesis Furthermore, I would also like to acknowledge the Scientific Committee and the staff of Vietnam-Netherlands Programme for their guidance and support as well as for providing necessary information regarding the thesis Lastly, my thanks also go to my family and my classmates for their precious support which help me completing this thesis iv TIEU LUAN MOI download : skknchat@gmail.com TABLE OF CONTENTS ABSTRACT iii ACKNOWLEDGEMENT iv LIST OF FIGURES viii LIST OF TABLES viii LIST OF APPENDICES ix ABBREVIATIONS x CHAPTER INTRODUCTION 1.1 Problem statement 1.2 Research objectives and hypotheses 1.3 Scope of study 1.4 Structure of thesis CHAPTER LITERATURE REVIEW 2.1 Concepts 2.1.1 Total factor productivity (TFP) 2.1.2 Technical change or Technological progress (TP) 2.1.3 Technical efficiency (TE) and Technical efficiency change (TEC) 2.1.4 Scale economies and Scale change effects (SCE) 2.1.5 Allocative efficiency (AE) 11 2.2 Approaches to measure and decompose TFP growth 13 2.2.1 Primal or dual approach with production, cost, or profit function 13 2.2.2 Stochastic and deterministic approaches 14 2.2.3 Parametric and non-parametric methods 14 2.3 A review of alternative Stochastic Production Frontier (SPF) models 15 v TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries 2.3.1 Time-invariant models 16 2.3.2 Time-varying models 17 2.3.3 Exogenous inefficiency determinants 19 2.3.4 TFP growth decomposition 22 CHAPTER OVERVIEW OF VIETNAMESE HIGH-TECHNOLOGY MANUFACTURING SECTOR 25 3.1 High-technology (HT) 25 3.2 Overview of Vietnamese HT manufacturing sector 26 CHAPTER METHODOLOGY 29 4.1 Empirical models 29 4.2 Functional form 30 4.3 Estimation method 34 4.4 Hypotheses and testing 34 4.5 Variable measurement 34 4.5.1 Variables in the frontier model 35 4.5.2 Determinants of Technical inefficiency 36 4.6 Data source and filter process 39 CHAPTER EMPIRICAL RESULTS 40 5.1 Data description 40 5.2 Maximum likelihood estimates 43 5.3 Results of hypothesis testing 47 5.4 Results of TFP decomposition 49 CHAPTER CONCLUSIONS 54 6.1 Findings 54 vi TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries 6.2 Policy implications 55 6.3 Limitations and future research 55 REFERENCES 57 APPENDICES 64 vii TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries Dao Hoang Binh Thien Master’s Thesis VNP19 - 2014 Coelli, T J., Rao, D S P., O’Donnell, C J., & Battese, G E (2005) An Introduction to Efficiency and Productivity Analysis (2nd ed.) New York: Springer-Verlag Cornwell, C., Schmidt, P., & Sickles, R C (1990) Production frontiers with crosssectional and time-series variation in efficiency levels Journal of econometrics, 46(1), 185-200 Retrieved from http://www.sciencedirect.com/science/article/pii/030440769090054W Duong, N H., Lai, H H., Nguyen, H., Le, G., & Hua, H Y (2014) Factors affecting TFP productivity: a survey in six industries in Ho Chi Minh city Science & Technology development Journal, 16(2Q), 16-24 Retrieved from http://vjol.info.vn/index.php/JSTD/article/viewArticle/16686 Fisher, I (1922) The Making of Index Numbers: A Study of Their Varieties, Test and Reliability: Houghton Mifflin General Statistics Office of Vietnam [GSO] (2007) Quan hệ tương thích VSIC 2007 VSIC 1993 (Ngành cấp cấp 5) [The compatibility relations between VSIC 2007 and VSIC 1993 (4 digits and digits)]: General Statistics Office of Vietnam General Statistics Office of Vietnam [GSO] (2013) Results of the 2012 Establishment Census Hanoi: General Statistics Office Of Vietnam Retrieved from http://www.gso.gov.vn/default_en.aspx?tabid=481&idmid=4&ItemID=1384 Greene, W H (2005) Fixed and random effects in stochastic frontier models Journal of Productivity Analysis, 23(1), 7-32 Retrieved from http://link.springer.com/article/10.1007/s11123-004-8545-1 Hadri, K., Guermat, C., & Whittaker, J (2003) Estimation of technical inefficiency effects using panel data and doubly heteroscedastic stochastic production frontiers Empirical economics, 28(1), 203-222 Retrieved from http://link.springer.com/article/10.1007/s001810100127 58 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries Dao Hoang Binh Thien Master’s Thesis VNP19 - 2014 Hamburg Institute for Economic Research [HWWA], Kiel Institute for World Economics [IfW], & National Research Council [NRC] (1996) Conflict and cooperation in national competition for high-technology industry: A cooperative project of the Hamburg Institute for Economic Research, Kiel Institute for World Economics, and National Research Council on "Sources of international friction and cooperation in high-technology development and trade." Washington, D.C.: National Academy Press Hamit-Haggar, M (2011) TFP growth, technological progress and efficiencies change: Empirical evidence from Canadian manufacturing industries International Journal of Productivity and Performance Management, 60(4), 360-371 doi: 10.1108/17410401111123535 Hecker, D (1999) High-technology employment: a broader view Monthly Lab Rev., 122 Retrieved from http://heinonlinebackup.com/hol-cgibin/get_pdf.cgi?handle=hein.journals/month122§ion=61 Hsieh, C.-T (2002) What explains the industrial revolution in East Asia? Evidence from the factor markets American economic review., 923, 502-526 Huang, C J., & Liu, J.-T (1994) Estimation of a non-neutral stochastic frontier production function Journal of Productivity Analysis, 5(2), 171-180 Retrieved from http://link.springer.com/article/10.1007/BF01073853 Kalirajan, K P., Obwona, M B., & Zhao, S (1996) A decomposition of total factor productivity growth: the case of Chinese agricultural growth before and after reforms American Journal of Agricultural Economics, 78(2), 331-338 Retrieved from http://ajae.oxfordjournals.org/content/78/2/331.short Kask, C., & Sieber, E (2002) Productivity Growth in High-Tech Manufacturing Industries Monthly Lab Rev., 125 Retrieved from http://heinonlinebackup.com/hol-cgibin/get_pdf.cgi?handle=hein.journals/month125§ion=26 Kim, S., & Han, G (2001) A Decomposition of Total Factor Productivity Growth in Korean Manufacturing Industries: A Stochastic Frontier Approach 59 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries Dao Hoang Binh Thien Master’s Thesis VNP19 - 2014 Journal of Productivity Analysis, 16(3), 269-281 Retrieved from http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=16830904 &site=ehost-live Kim, S., & Shafi'i, M (2009) Factor Determinants of Total Factor Productivity Growth in Malaysian Manufacturing Industries: a decomposition analysis Asian-Pacific Economic Literature, 23(1), 48-65 doi: 10.1111/j.14678411.2009.01222.x Kodde, D A., & Palm, F C (1986) Wald Criteria for Jointly Testing Equality and Inequality Restrictions Econometrica, 54(5) doi: 10.2307/1912331 Kumbhakar, S C (1990) Production frontiers, panel data, and time-varying technical inefficiency Journal of econometrics, 46(1), 201-211 Kumbhakar, S C., Denny, M., & Fuss, M (2000) Estimation and decomposition of productivity change when production is not efficient: a paneldata approach Econometric Reviews, 19(4), 312-320 doi: 10.1080/07474930008800481 Kumbhakar, S C., & Lovell, C A K (2000) Stochastic frontier analysis Cambridge [England]; New York: Cambridge University Press Le, C L V., & Harvie, C (2010) How Vietnamese SMEs perform? Technical efficiency of SMEs in the manufacturing sector and its sub-sectors Retrieved from http://ro.uow.edu.au/commpapers/2194/ Lee, Y H., & Schmidt, P (1993) A production frontier model with flexible temporal variation in technical efficiency The measurement of productive efficiency: Techniques and applications, 237-255 Lundvall, K., & Battese, G E (2000) Firm Size, Age and Efficiency: Evidence from Kenyan Manufacturing Firms Journal of Development Studies, 36(3) Retrieved from http://ezproxy.um.edu.my:2048/login?url=http://search.ebscohost.com/login aspx?direct=true&db=bth&AN=3172416&site=eds-live Mani, S (2000) Exports of high technology products from developing countries: is it real or a statistical artifact? Citeseer Retrieved from 60 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries Dao Hoang Binh Thien Master’s Thesis VNP19 - 2014 http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.17.2377&rep=rep 1&type=pdf Ministry of Trade and Industry [MoIT], & United Nations Industrial Development Organization [UNIDO] (2011) Viet Nam Industrial Competitiveness Report 2011 Hanoi: Retrieved from www.unido.org/Data1/Statistics/Utilities/docnew.cfm National Science Board (2014) Science and Engineering Indicators 2014 Arlington: National Science Foundation Newman, C., & Narciso, G (2009) The Role of Technology, Investment and Ownership Structure in the Productivity Performance of the Manufacturing Sector in Vietnam Retrieved from https://www.tara.tcd.ie/jspui/handle/2262/34512 Nguyen, K M., Giang, T L., & Bach, N T (2007) Technical efficiency of small and medium manufacturing firms in vietnam: Parametric and non-parametric approaches Korean Economic Review, 23(1) Retrieved from http://www.kea.ne.kr/upload/catalogue_file/38b6796bf3122f07b19359f3865 cc909.pdf Nguyen, K M., Pham, V K., Nguyen, T M., & Nguyen, T P A (2012) Productivity Growth, Technological Progress, and Efficiency Change in Vietnamese Manufacturing Industries: A Stochastic Frontier Approach Open Journal of Statistics, 02(02), 224-235 doi: 10.4236/ojs.2012.22028 Nishimizu, M., & Page, J M (1982) Total factor productivity growth, technological progress and technical efficiency change: dimensions of productivity change in Yugoslavia, 1965-78 The Economic Journal, 920936 Organisation for Economic Co-operation and Development [OECD] (2001) OECD Science, Technology and Industry Scoreboard 2001: OECD Publishing 61 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries Dao Hoang Binh Thien Master’s Thesis VNP19 - 2014 Organisation for Economic Co-operation and Development [OECD] (2005) OECD handbook on economic globalisation indicators Paris: Organisation for Economic Co-operation and Development Pham, H T., Dao, T L., & Reilly, B (2009) Technical efficiency in the Vietnamese manufacturing sector Journal of International Development, n/a-n/a doi: 10.1002/jid.1588 Pitt, M M., & Lee, L.-F (1981) The measurement and sources of technical inefficiency in the Indonesian weaving industry Journal of Development Economics, 9(1), 43-64 Schmidt, P., & Lovell, C A K (1979) Estimating technical and allocative inefficiency relative to stochastic production and cost frontiers Journal of econometrics, 9(3), 343-366 Retrieved from http://www.sciencedirect.com/science/article/pii/0304407679900782 Schmidt, P., & Sickles, R C (1984) Production frontiers and panel data Journal of Business & Economic Statistics, 2(4), 367-374 Retrieved from http://amstat.tandfonline.com/doi/pdf/10.1080/07350015.1984.10509410 Sharma, S C., Sylwester, K., & Margono, H (2007) Decomposition of total factor productivity growth in U.S states The Quarterly Review of Economics and Finance, 47(2), 215-241 doi: 10.1016/j.qref.2006.08.001 Solow, R M (1957) Technical change and the aggregate production function Cambridge: Harvard University Press Strategy on exports and imports for 2011-2020, with visions to 2030 (2011) (Decision 2471/QĐ-TTg) Retrieved from http://www.chinhphu.vn/portal/page/portal/English/strategies/strategiesdetail s?categoryId=30&articleId=10051303 Sun, C.-H., & Kalirajan, K P (2005) Gauging the sources of growth of high-tech and low-tech industries: the case of Korean manufacturing Australian Economic Papers, 44(2), 170-185 Retrieved from 62 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries Dao Hoang Binh Thien Master’s Thesis VNP19 - 2014 http://onlinelibrary.wiley.com/doi/10.1111/j.14678454.2005.00258.x/abstract Syverson, C (2011) What Determines Productivity? Journal of Economic Literature, 49(2), 326-365 doi: 10.1257/jel.49.2.326 The Government (2009) Decree 56/2009/ND-CP on assistance to the development of small- and medium-sized enterprises Legal Normative Documents from http://vbpl.vn/TW/Pages/vbpqen-toanvan.aspx?ItemID=10691 The National Assembly of Vietnam (2008) Law on High Technologies Hanoi: Retrieved from http://moj.gov.vn/vbpq/en/_layouts/printeng.aspx?id=10504 The World Bank (2009) Enterprise Surveys Retrieved from: http://www.enterprisesurveys.org Törnqvist, L (1936) The Bank of Finland’s consumption price index Bank of Finland Monthly Bulletin, 10(1936), 1-8 Wang, H.-J (2002) Heteroscedasticity and non-monotonic efficiency effects of a stochastic frontier model Journal of Productivity Analysis, 18(3), 241-253 Retrieved from http://link.springer.com/article/10.1023/A:1020638827640 Wang, H.-J., & Schmidt, P (2002) One-step and two-step estimation of the effects of exogenous variables on technical efficiency levels Journal of Productivity Analysis, 18(2), 129-144 Retrieved from http://link.springer.com/article/10.1023/A:1016565719882 Wilson, D (2002) ETC (embodied technological change), etc FRBSF Economic Letter(2002-05) Retrieved from http://www.frbsf.org/economicresearch/publications/economic-letter/2002/march/etc-embodiedtechnological-change-etc/el2002-05.pdf Zhou, Y (2014) FDI and Technical Efficiency in Manufacturing Firms: A Stochastic Frontier Approach Retrieved from http://repository.usfca.edu/thes/95/ 63 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries Master’s Thesis Dao Hoang Binh Thien VNP19 - 2014 APPENDICES Appendix 1: HT manufacturing industries in International and Vietnamese Standard Industrial Classification Classification ISIC rev 3a VSIC 1993b VSIC 2007c Pharmaceuticals 2423 2423 21001, 21002 3000 3000 26200 Computers and Peripherals Radios, TVs, & Communication equipment Precision instruments 3210, 3220, 3230 3210, 3220, 3230 26100, 26300, 26400 3311, 3312, 3313, 3320, 3330 3311, 3312, 3313, 3320, 3330 26510, 26520, 26600, 26700 Aircrafts 3530 3530 30300 a International Standard Industrial Classification of All Economic Activities, revision Vietnamese Standard Industrial Classification of All Economic Activities, issued in 1993 c Vietnamese Standard Industrial Classification of All Economic Activities, issued in 2007 b Sources: OECD (2001) and GSO (2007) 64 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries (LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries(LUAN.van.THAC.si).productivity.growth technological.progress.and.efficiencychanges.in.vietnamese.high.tech.industries