Discussion Paper

No. 2012-12 | February 14, 2012
Evolution of Competition in Vietnam Industries over the Recent Economic Transition

Abstract

Understanding the degree and evolution of competition across industries is an important step towards understanding the impact of economic reform and competition on economic growth in Vietnam during the economic transition. In this paper, the author investigates the evolution of competition in Vietnam during the economic transition using the price-cost margin (PCM) or mark-up that has been widely applied in the economic literature and the profit elasticity (PE) recently developed by Boone in his paper Competition (2000). This paper provides the first empirical study of intensity and evolution of competition across selected industries in Vietnam in the last decade using firm-level data from the Vietnam Enterprise Census (VEC) conducted annually since 2000 by the Vietnam General Statistical Office (GSO).

JEL Classification

D40 L11 L5 P20 P30

Cite As

Tinh Doan (2012). Evolution of Competition in Vietnam Industries over the Recent Economic Transition. Economics Discussion Papers, No 2012-12, Kiel Institute for the World Economy. http://www.economics-ejournal.org/economics/discussionpapers/2012-12

Assessment



Comments and Questions


Anonymous - Referee Report 1
March 07, 2012 - 08:18

see attached file


Anonymous - Referee Report 2
March 13, 2012 - 08:32

see attached file


Tinh Doan - Reply to referees' reports
May 11, 2012 - 04:08

As two referees' reports are consistent, our responses are applied to both.