International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

Frequency: 12
line decor
  
line decor

 Volume 8, Issue 1 (January 2021), Pages: 20-25

----------------------------------------------

 Original Research Paper

 Title: Labor productivity of household businesses in Vietnam

 Author(s): Phan Thi Thu Hien 1, *, Nguyen Thi Anh Tram 2, Nguyen Thi Lien Huong 3, Nguyen Thi Ai Lien 1

 Affiliation(s):

 1Faculty of Investment, National Economics University, Hanoi, Vietnam
 2University of Labour and Social Affairs, Hanoi, Vietnam
 3School of Trade and International Economics, National Economics University, Hanoi, Vietnam

  Full Text - PDF          XML

 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0001-6462-1365

 Digital Object Identifier: 

 https://doi.org/10.21833/ijaas.2021.01.003

 Abstract:

This study aims to investigate the factors affecting the labor productivity of household businesses in Vietnam. By using data from the 2015 Small and Medium Scale Manufacturing Enterprises in Vietnam, the authors found that labor productivity was affected by a number of firms’ and owners' characteristics, including firm size, firm age, investment, competition, networking, female share, salary, and owner’s age. The study further examined the effects of these determinants on labor productivity through different quantiles (25th, 50th, and 75th quantiles). Policy implications were discussed. 

 © 2020 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords: Household businesses, Labor productivity, Vietnam

 Article History: Received 28 May 2020, Received in revised form 9 August 2020, Accepted 20 August 2020

 Acknowledgment:

No Acknowledgment.

 Compliance with ethical standards

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

  Hien PTT, Tram NTA, and Huong NTL et al. (2021). Labor productivity of household businesses in Vietnam. International Journal of Advanced and Applied Sciences, 8(1): 20-25

 Permanent Link to this page

 Figures

 No Figure 

 Tables

 Table 1 Table 2 Table 3 Table 4 Table 5 Table 6 

----------------------------------------------

 References (27)

  1. Archer LT (2019). Formality and financing patterns of small and medium-sized enterprises in Vietnam. Emerging Markets Finance and Trade, Routledge, Abingdon, UK: 1-18. https://doi.org/10.1080/1540496X.2019.1658576   [Google Scholar]
  2. CIEM (2016). Characteristics of the Vietnamese business environment: Evidence from a SME survey in 2015. Central Institute for Economics and Management, Hanoi, Vietnam.   [Google Scholar]
  3. Eltetö O and Köves P (1964). On a problem of index number computation relating to international comparison. Statisztikai Szemle, 42(10): 507-518.   [Google Scholar]
  4. Gorodnichenko Y and Schnitzer M (2013). Financial constraints and innovation: Why poor countries don’t catch up. Journal of the European Economic Association, 11(5): 1115-1152. https://doi.org/10.1111/jeea.12033   [Google Scholar]
  5. GSO (2015). Results of a survey on non-farm individual business establishments 2014. General Statistics Office of Vietnam, Hanoi, Vietnam.   [Google Scholar]
  6. Ha VTC, Holmes M, Doan T, and Hassan G (2019). Does foreign investment enhance domestic manufacturing firms’ labour productivity? Evidence from a quantile regression approach. Economic Change and Restructuring. https://doi.org/10.1007/s10644-019-09251-x   [Google Scholar]
  7. Hansen H, Rand J, and Tarp F (2009). Enterprise growth and survival in Vietnam: Does government support matter? The Journal of Development Studies, 45(7): 1048-1069. https://doi.org/10.1080/00220380902811025   [Google Scholar]
  8. Heshmati A and Rashidghalam M (2018). Labour productivity in Kenyan manufacturing and service industries. In: Heshmati A (Eds.), Determinants of economic growth in Africa: 259-286. Palgrave Macmillan, Cham, Switzerland. https://doi.org/10.1007/978-3-319-76493-1_9   [Google Scholar]
  9. Ho DB (2014). Provincial total factor productivity in Vietnamese agriculture and its determinant. Journal of Economics and Development, 6: 5-20. https://doi.org/10.33301/2014.16.02.01   [Google Scholar]
  10. Hoang TX, Pham CS, and Ulubaşoğlu MA (2014). Non-farm activity, household expenditure, and poverty reduction in rural Vietnam: 2002–2008. World Development, 64: 554-568. https://doi.org/10.1016/j.worlddev.2014.06.027   [Google Scholar]
  11. Jenkins R (2004). Vietnam in the global economy: Trade, employment and poverty. Journal of International Development, 16(1): 13-28. https://doi.org/10.1002/jid.1060   [Google Scholar]
  12. Micallef B (2016). Determinants of labour productivity in Malta: Evidence from a firm-level survey. Economics and Sociology, 9: 27-40. https://doi.org/10.14254/2071-789X.2016/9-4/2   [Google Scholar]
  13. Minh NK, Lan PM, and Van Khanh P (2019). Productivity growth and job reallocation in the Vietnamese manufacturing sector. Journal of Economics and Development, 21(2): 172-190. https://doi.org/10.1108/JED-07-2019-0019   [Google Scholar]
  14. Nguyen KM, Pham AT, and Nguyen VH (2015). Using the spatial econometric approach to analyze convergence of labor productivity at the provincial level in Vietnam. Journal of Economics and Development, 17(1): 5-19. https://doi.org/10.33301/2015.17.01.01   [Google Scholar]
  15. Nguyen LT and Phan MH (2015). Above-average debt ratio and the relationship with return on equity: The case of the Vietnamese listed seafood enterprises. Journal of Economics and Development, 17(1): 50-74. https://doi.org/10.33301/2015.17.01.04   [Google Scholar]
  16. Nguyen LT, Hoai Nguyen AP, van Passel S, Azadi H, and Lebailly P (2018). Access to preferential loans for poverty reduction and rural development: Evidence from Vietnam. Journal of Economic Issues, 52(1): 246-269. https://doi.org/10.1080/00213624.2018.1430953   [Google Scholar]
  17. Nguyen LT, Su JJ, and Sharma P (2019). SME credit constraints in Asia’s rising economic star: Fresh empirical evidence from Vietnam. Applied Economics, 51(29): 3170-3183. https://doi.org/10.1080/00036846.2019.1569196   [Google Scholar]
  18. Nguyen TL, Phan HM, and Bui BK (2016). Liabilities and the impacts on financial performance of the Vietnamese listed small and medium-sized enterprises. Journal of Economics and Development, 18(3): 41-63. https://doi.org/10.33301/2016.18.03.03   [Google Scholar]
  19. Nguyet NT (2011). Technology–development investment and firm productivity in developing countries. Journal of Economics and Development, 13(3): 37-57. https://doi.org/10.33301/2011.13.03.03   [Google Scholar]
  20. OECD (2001). Measuring productivity-OECD manual: Measurement of aggregate and industry-level productivity growth. Organisation for Economic Co-operation and Development, Paris, France. https://doi.org/10.1787/9789264194519-en   [Google Scholar]
  21. Okoye BC, Onyenweaku CE, Ukoha OO, Asumugha GN, and Aniedu OC (2008). Determinants of labour productivity on small-holder cocoyam farms in Anambra State, Nigeria. Scientific Research and Essays, 3(11): 559-561.   [Google Scholar]
  22. Phan DN (2011). The impacts of financial development on economic activities in Vietnam: Evidence from household cross-section data. Journal of Economics and Development, 13(2): 47-60. https://doi.org/10.33301/2011.13.02.03   [Google Scholar]
  23. Rand J (2007). Credit constraints and determinants of the cost of capital in Vietnamese manufacturing. Small Business Economics, 29(1-2): 1-13. https://doi.org/10.1007/s11187-005-1161-2   [Google Scholar]
  24. Solow RM (1957). Technical change and the aggregate production function. The Review of Economics and Statistics, 39: 312-320. https://doi.org/10.2307/1926047   [Google Scholar]
  25. Topalova P and Khandelwal A (2011). Trade liberalization and firm productivity: The case of India. Review of Economics and Statistics, 93(3): 995-1009. https://doi.org/10.1162/REST_a_00095   [Google Scholar]
  26. Tran TB and La HA (2018). Agglomeration effects: Productivity of the informal sector in Vietnam. The Journal of Development Studies, 54(2): 292-311. https://doi.org/10.1080/00220388.2017.1283013   [Google Scholar]
  27. Vinh NT (2019). The impact of foreign direct investment, human capital on labour productivity in Vietnam. International Journal of Economics and Finance, 11: 97-102. https://doi.org/10.5539/ijef.v11n5p97   [Google Scholar]