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Although Thailand's service sector accounts for almost half of the national income and has a major stake in national employment, its contribution to the growth of the gross domestic product (GDP) fluctuates. Moreover, the share of the service sector in GDP is decreasing while many developed...
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When Vietnam started the Doi Moi (renovation) in the mid-1980s it was a backward agricultural country. Liberalising … and productivity development. However, this first face of development seems to be exploited and Vietnam is in danger to … fall in a period of low growth, low productivity increases and no convergence with more developed countries. Vietnam is at …
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direct investment and large firms is a new channel through which the war legacy impedes local development in Vietnam. A 1 …
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We document a process of rapid tertiarization of the Chinese economy since 2005. The employment and value-added shares of the service sector have increased significantly. Moreover, total factor productivity growth has increased faster in the service sector than in the manufacturing sector....
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