International Journal of

ADVANCED AND APPLIED SCIENCES

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

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 Volume 10, Issue 2 (February 2023), Pages: 57-66

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 Original Research Paper

 Analyzing technical efficiency in Vietnamese seafood processing firms: A semi-parametric stochastic frontier approach

 Author(s): 

 Thuan Duc Tran 1, Khanh Ngoc Nguyen 2, Thu Kim Pham 3, Van Nguyen 4, *

 Affiliation(s):

 1Thuan Phat Technology-Service and Trading-Production-Export-Import Co. Ltd, Ho Chi Minh City, Vietnam
 2Faculty of Economics and Business Management, Hanoi University of Mining and Geology, Hanoi, Vietnam
 3Faculty of Business Management, Huu Nghi University of Technology and Management, Hanoi, Vietnam
 4Faculty of Fundamental Science, Vietnam Maritime University, Haiphong, Vietnam

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 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0002-9754-7648

 Digital Object Identifier: 

 https://doi.org/10.21833/ijaas.2023.02.008

 Abstract:

This research aims to estimate and analyze the technical efficiency of Vietnamese seafood processing firms by applying the semi-parametric stochastic frontier model and Tobit regression. The data used in this study is a panel sample of 170 Vietnamese seafood processing firms in the period from 2013 to 2018. It is collected from enterprise census data of the General Statistics Office of Vietnam and provincial competitiveness index data of the Vietnam Chamber of Commerce and Industry. The estimated results show that: The scores of technical efficiency of firms averaged 0.712 and there was a decline during the study period. There is still plenty of room for technical efficiency in firms; The gap in technical efficiency in firms is still large and there is a strong difference in efficiency between firm’s ownerships and firm sizes; Firms with export activities, large scale, foreign direct investment capital, and low equity restrictions will have a positive impact on technical efficiency; However, there is no evidence to show the impact of the firm’s age and firm located in industrial zones factors on the efficiency of firms. In addition, the institutional quality and business environment also have an impact on the performance of firms.

 © 2022 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: Technical efficiency, Semi-parametric stochastic frontier, Tobit regression, Vietnamese seafood processing industry

 Article History: Received 21 July 2022, Received in revised form 8 October 2022, Accepted 21 October 2022

 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:

 Tran TD, Nguyen KN, Pham TK, and Nguyen V (2023). Analyzing technical efficiency in Vietnamese seafood processing firms: A semi-parametric stochastic frontier approach. International Journal of Advanced and Applied Sciences, 10(2): 57-66

 Permanent Link to this page

 Figures

 Fig. 1

 Tables

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

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