Firm Efficiency in a Transitional Economy: Evidence from Vietnam
The paper examines efficiency performance of the non-state small and medium manufacturing industries in a transitional and developing economy. Using firm level data in Vietnam from 1996 and 2001, cross-sectional models are estimated using the stochastic frontier method. The results show a considerable variation in efficiency levels among firms and that a greater use of family labor and a metropolitan location are associated with improvement in technical efficiency. The results indicate few benefits from direct government financial and non-financial assistance to businesses. Copyright 2008 The Authors.
Year of publication: |
2008
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Authors: | Tran, Thi Bich ; Grafton, R. Quentin ; Kompas, Tom |
Published in: |
Asian Economic Journal. - East Asian Economic Association - EAEA. - Vol. 22.2008, 1, p. 47-66
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Publisher: |
East Asian Economic Association - EAEA |
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