Determinants of productivity growth: a firm level analysis of Vietnam
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PhD Seminar (Econ)
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This study examines total factor productivity (TFP) and its determinants in Vietnamese manufacturing using firm-level data for the period 2006-2015. TFP is estimated by industry to allow for heterogeneity in technology. The results show that almost all industries exhibit an upward trend and that industries in global production networks record faster TFP growth. Analysis of inter-firm differences in TFP reveals the firm (e.g. size, age, ownership, and capital intensity) and sector specific characteristics (e.g. export exposure, import dependence, and competition) behind the productivity gains. The findings have implications for privatisation and trade policies to promote productivity growth in Vietnamese manufacturing.
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