Growth of labor productivity in Vietnam: Approach by shift - share analysis

Abstract

In 1990s, the economic growth rate of Vietnam reached a high level and was stable. The labor productivity growth is one of the most important indicators of economic growth quality. Using shift-share analysis approach on data obtained from GSO and worldbank, the authors find that the quality of the labor productivity growth depends on within-sector effect in Vietnam economy. However, the quality of labor productivity growth has been low in recent years. We therefore offer suggestions to improve the quality of labor productivity growth based on enhancing capital - technology intensive.