Ayerst, Stephen; Brandt, Loren; Restuccia, Diego - National Bureau of Economic Research - 2023
North on farm choices and agricultural productivity. We find that the higher distortions in north Vietnam reduce … agricultural productivity by 46%, accounting for around 70% of the observed 2.5-fold difference between regions. Moreover, two …-enhancing investment, which more than doubles the productivity loss from factor misallocation …