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We examine important changes in agriculture in Viet Nam in the context of ongoing structural changes in the economy. We … misallocation in agriculture during the period between 2006 and 2016. Despite rapid growth in agricultural productivity and a …
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improvements. We calibrate the model using detailed farm-level panel data from Vietnam, exploiting regional differences in … agricultural institutions and outcomes. We focus on south Vietnam and quantify the effect of higher measured distortions in the … North on farm choices and agricultural productivity. We find that the higher distortions in north Vietnam reduce …
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This paper shows that using yields may not be informative of the relationship between farm size and productivity in the context of small-scale farming. This occurs because, in addition to productivity, yields pick up size-dependent market distortions and decreasing returns to scale. As a result,...
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