Whether locating within industrial parks raises productivity of manufacturing firms? Evidences from Vietnam

Authors

  • Pham Quynh Anh VNU University of Economics and Business (UEB)

DOI:

https://doi.org/10.14738/assrj.424.4019

Keywords:

Economics

Abstract

During twenty years, 1992 -2010, over 200 industrial parks (IP) have been established in Vietnam. IP probably results in economy of agglomeration, reduction in average total cost and increase for labor productivity. In contrast IP may induce diseconomy of agglomeration and opposite results. This study investigates the role, characteristics of firm locating in IP and using econometrics model to investigate the impact of firm locating within IPs on its labor productivity.The results prove that IP locating firms account a small percentage in total number of manufacturing firms in Vietnam but play considerable role for manufacturing sector in general and for manufacturing foreign investment in special. Locating in IP has quite significant positive effect on firm's labor productivity.

References

GSO, (2010), unpublished annual survey of total enterprises and sample of production cost of manufacturing firms.

Kaldor, (1967), cited in Thirlwall, A 2006, Growth and Development, With Special Reference to Developing Economies, Palgrave Macmillan, New York.

Mankiw, (2012), Principle of Economics, Cengate Learning

Marshal, (1890), Principle of economics and introductory volume, cited in UNIDO Country Office in Viet nam, (2015), Economic zones in ASEAN.

Porter, (1990).The Competitive Advantage of Nations, The Free Press, New York.

UNIDO, (1997), Industrial estate: Principle and Practice. Retrived from http://www.unido.org/publications/publications-by-type/policy-advice/o4530/o3514.html

UNIDO Country Office in Viet nam, (2015), Economic zones in ASEAN. Retrieved from http://www.unido.org/fileadmin/user_media_upgrade/Resources/Publications/UCO_Viet_Nam_Study_FINAL.pdf

World Bank, (1993), The East Asian Miracle, Oxford University Press, Oxford.

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Published

2017-12-24

How to Cite

Anh, P. Q. (2017). Whether locating within industrial parks raises productivity of manufacturing firms? Evidences from Vietnam. Advances in Social Sciences Research Journal, 4(24). https://doi.org/10.14738/assrj.424.4019