Productivity, net returns, and efficiency: Land and market reform in vietnamese rice production

Thomas Kompas, Nhu-Tuong Che, Hoa Nguyen, Ha Quang Nguyen

    Research output: Contribution to journalArticle

    Abstract

    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.
    Original languageEnglish
    Pages (from-to)478-495
    JournalLand Economics
    Volume88
    Issue number3
    DOIs
    Publication statusPublished - 2012

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