The contribution of the industrial sector in labor productivity growth in Vietnam
After 30 years of reform, thanks to a number of factors, especially to the industrial sector, the growth of labor productivity in Vietnam has been increased significantly. By using the shift-share analysis method to intra-industry between 1996 and 2015, which focused on internal industry, the result...
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| Format: | Article |
| Language: | Vietnamese |
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TẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINH
2020-06-01
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| Series: | Tạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh |
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| Online Access: | https://journalofscience.ou.edu.vn/index.php/econ-vi/article/view/1514 |
| Summary: | After 30 years of reform, thanks to a number of factors, especially to the industrial sector, the growth of labor productivity in Vietnam has been increased significantly. By using the shift-share analysis method to intra-industry between 1996 and 2015, which focused on internal industry, the result showed that both intra effect and static shift effect made a great contribution to the labor productivity growth of the economy, and the contribution of static effect tends to increase. This means that the movement of labor from inefficient sectors to more efficient sectors has had a positive impact on the overall productivity growth rate. Therefore, in order to promote productivity growth in the economy, Vietnam has to implement solutions in terms of resource reallocation, economic structure transformation, technology application, and human resource training. |
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| ISSN: | 2734-9306 2734-9578 |