79 lines
2.4 KiB
YAML
79 lines
2.4 KiB
YAML
|
abstract: 'In this paper, we examine changes in wage structure and wage premia
|
||
|
|
|
||
|
|
during Vietnam''s transition from command to market economy. Relative to
|
||
|
|
|
||
|
|
other work in this literature, our paper is unique in that we identify
|
||
|
|
|
||
|
|
the policies that lead to such changes. By examining skill premium
|
||
|
|
|
||
|
|
trends along the two dimensions of particular importance to the
|
||
|
|
|
||
|
|
transition state or non-state firms, and traded or non-traded industries
|
||
|
|
|
||
|
|
we are able to separate the contribution of external liberalization to
|
||
|
|
|
||
|
|
wage growth and rising skill premia from that of domestic labor market
|
||
|
|
|
||
|
|
reforms, and to examine potential interactions between the two types of
|
||
|
|
|
||
|
|
reform. The results point to the high cost of incomplete reform in
|
||
|
|
|
||
|
|
Vietnam. Capital market segmentation creates a two-track market for
|
||
|
|
|
||
|
|
skills, in which state sector workers earn high salaries while non-state
|
||
|
|
|
||
|
|
workers face lower demand and lower compensation. Growth is reduced
|
||
|
|
|
||
|
|
directly by diminished allocative efficiency and reduced incentives to
|
||
|
|
|
||
|
|
acquire education, and indirectly by higher wage inequality and rents
|
||
|
|
|
||
|
|
for workers with access to state jobs. (C) 2013 Association for
|
||
|
|
|
||
|
|
Comparative Economic Studies Published by Elsevier Inc. All rights
|
||
|
|
|
||
|
|
reserved.'
|
||
|
|
affiliation: 'Phan, D (Corresponding Author), Beloit Coll, Dept Econ, Beloit, WI 53511
|
||
|
|
USA.
|
||
|
|
|
||
|
|
Diep Phan, Beloit Coll, Dept Econ, Beloit, WI 53511 USA.
|
||
|
|
|
||
|
|
Coxhead, Ian, Univ Wisconsin, Dept Agr \& Appl Econ, Madison, WI 53706 USA.'
|
||
|
|
author: Phan, Diep and Coxhead, Ian
|
||
|
|
author-email: phand@beloit.edu
|
||
|
|
author_list:
|
||
|
|
- family: Phan
|
||
|
|
given: Diep
|
||
|
|
- family: Coxhead
|
||
|
|
given: Ian
|
||
|
|
da: '2023-09-28'
|
||
|
|
doi: 10.1016/j.jce.2013.04.001
|
||
|
|
eissn: 1095-7227
|
||
|
|
files: []
|
||
|
|
issn: 0147-5967
|
||
|
|
journal: JOURNAL OF COMPARATIVE ECONOMICS
|
||
|
|
keywords: 'Wage inequality; Returns to education; State sector policy; Vietnam;
|
||
|
|
|
||
|
|
Transition economy'
|
||
|
|
keywords-plus: 'CAPITAL-SKILL COMPLEMENTARITY; DEVELOPING-COUNTRIES; TRANSITION; TRADE;
|
||
|
|
|
||
|
|
ECONOMY'
|
||
|
|
language: English
|
||
|
|
month: NOV
|
||
|
|
number: '4'
|
||
|
|
number-of-cited-references: '37'
|
||
|
|
orcid-numbers: Coxhead, Ian/0000-0001-6958-038X
|
||
|
|
pages: 1106-1122
|
||
|
|
papis_id: 04e5670fe0eb6c553c904ec9b1847803
|
||
|
|
ref: Phan2013longruncosts
|
||
|
|
times-cited: '20'
|
||
|
|
title: 'Long-run costs of piecemeal reform: Wage inequality and returns to education
|
||
|
|
in Vietnam'
|
||
|
|
type: Article
|
||
|
|
unique-id: WOS:000327571000009
|
||
|
|
usage-count-last-180-days: '0'
|
||
|
|
usage-count-since-2013: '18'
|
||
|
|
volume: '41'
|
||
|
|
web-of-science-categories: Economics
|
||
|
|
year: '2013'
|