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What is TFP Change in Vietnam about?

The document assesses total factor productivity (TFP) changes at the provincial level in Vietnam from 2010 to 2017 using the Färe-Primont productivity index. It finds that while TFP values have increased at a compound annual growth rate of 3.46%, overall productive efficiency has stagnated, indicating a widening gap in resource allocation efficiency among provinces. The study highlights the risk of Vietnam falling into a middle-income trap due to insufficient productivity growth and competitiveness.

Author

chiennguyen.32241020021

Language

EN