Structural Transformation, Biased Technological Change, and Employment in Vietnam

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Structural Transformation, Biased Technological Change, and Employment in Vietnam. / Abbott, Philip; Tarp, Finn; Wu, Ce.

I: European Journal of Development Research, Bind 29, Nr. 1, 29.10.2015, s. 54-72.

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt

Harvard

Abbott, P, Tarp, F & Wu, C 2015, 'Structural Transformation, Biased Technological Change, and Employment in Vietnam', European Journal of Development Research, bind 29, nr. 1, s. 54-72. https://doi.org/10.1057/ejdr.2015.64

APA

Abbott, P., Tarp, F., & Wu, C. (2015). Structural Transformation, Biased Technological Change, and Employment in Vietnam. European Journal of Development Research, 29(1), 54-72. https://doi.org/10.1057/ejdr.2015.64

Vancouver

Abbott P, Tarp F, Wu C. Structural Transformation, Biased Technological Change, and Employment in Vietnam. European Journal of Development Research. 2015 okt. 29;29(1):54-72. https://doi.org/10.1057/ejdr.2015.64

Author

Abbott, Philip ; Tarp, Finn ; Wu, Ce. / Structural Transformation, Biased Technological Change, and Employment in Vietnam. I: European Journal of Development Research. 2015 ; Bind 29, Nr. 1. s. 54-72.

Bibtex

@article{3c6f15362e6945b1aab1ebda189bc354,
title = "Structural Transformation, Biased Technological Change, and Employment in Vietnam",
abstract = "Employment in Vietnam and elsewhere in Asia has grown more slowly than GDP over the last several decades. This means GDP per capita is rising. Vietnamese policymakers, however, are concerned that ongoing structural transformation is creating too few jobs. We use data for seven aggregated sectors and the overall Vietnamese economy to examine the roles played by structural transformation, technical change and institutional bias towards capital-intensive development to evaluate the Vietnamese development experience. We find that while some of the difference between GDP and employment growth can be attributed to capital-intensive investment by the state, the majority of the difference is because of technical change. A positive rather than pessimistic overall assessment is warranted based on the available evidence.",
author = "Philip Abbott and Finn Tarp and Ce Wu",
year = "2015",
month = oct,
day = "29",
doi = "10.1057/ejdr.2015.64",
language = "English",
volume = "29",
pages = "54--72",
journal = "European Journal of Development Research",
issn = "0957-8811",
publisher = "Palgrave Macmillan",
number = "1",

}

RIS

TY - JOUR

T1 - Structural Transformation, Biased Technological Change, and Employment in Vietnam

AU - Abbott, Philip

AU - Tarp, Finn

AU - Wu, Ce

PY - 2015/10/29

Y1 - 2015/10/29

N2 - Employment in Vietnam and elsewhere in Asia has grown more slowly than GDP over the last several decades. This means GDP per capita is rising. Vietnamese policymakers, however, are concerned that ongoing structural transformation is creating too few jobs. We use data for seven aggregated sectors and the overall Vietnamese economy to examine the roles played by structural transformation, technical change and institutional bias towards capital-intensive development to evaluate the Vietnamese development experience. We find that while some of the difference between GDP and employment growth can be attributed to capital-intensive investment by the state, the majority of the difference is because of technical change. A positive rather than pessimistic overall assessment is warranted based on the available evidence.

AB - Employment in Vietnam and elsewhere in Asia has grown more slowly than GDP over the last several decades. This means GDP per capita is rising. Vietnamese policymakers, however, are concerned that ongoing structural transformation is creating too few jobs. We use data for seven aggregated sectors and the overall Vietnamese economy to examine the roles played by structural transformation, technical change and institutional bias towards capital-intensive development to evaluate the Vietnamese development experience. We find that while some of the difference between GDP and employment growth can be attributed to capital-intensive investment by the state, the majority of the difference is because of technical change. A positive rather than pessimistic overall assessment is warranted based on the available evidence.

U2 - 10.1057/ejdr.2015.64

DO - 10.1057/ejdr.2015.64

M3 - Journal article

VL - 29

SP - 54

EP - 72

JO - European Journal of Development Research

JF - European Journal of Development Research

SN - 0957-8811

IS - 1

ER -

ID: 146209225