RT Journal Article
SR Electronic
T1 Productivity, Net Returns, and Efficiency: Land and Market Reform in Vietnamese Rice Production
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 478
OP 495
DO 10.3368/le.88.3.478
VO 88
IS 3
A1 Kompas, Tom
A1 Che, Tuong Nhu
A1 Nguyen, Hoa Thi Minh
A1 Nguyen, Ha Quang
YR 2012
UL http://le.uwpress.org/content/88/3/478.abstract
AB Extensive land and market reform in Vietnam has resulted in dramatic increases in rice output and incomes. This is illustrated with measures of total factor productivity, net incomes, and net returns in rice production from 1985 to 2006. Results show considerable gains in major rice growing areas, but recent evidence of a productivity slowdown. The differences over time and region speak to existing land use practice, calling for further reform. Estimations detail the effects of remaining institutional and policy constraints, including existing restrictions on land use, ambiguous property rights, and inadequate markets for land and access to extension services and credit. (JEL O12, O13)