Winners and losers in Vietnam equitisation programs

This article develops a computable general equilibrium model of Vietnam to assess the long-run likely effects of the country’s equitisation programs on its national economic outcomes and industries. Equitisation is found to be pro-growth as reflected in its contribution to increasing real GDP growth...

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Main Authors: Le, Hoang, Cabalu, Helen, Salim, Ruhul
Format: Journal Article
Published: Elsevier Inc. 2014
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/11554
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author Le, Hoang
Cabalu, Helen
Salim, Ruhul
author_facet Le, Hoang
Cabalu, Helen
Salim, Ruhul
author_sort Le, Hoang
building Curtin Institutional Repository
collection Online Access
description This article develops a computable general equilibrium model of Vietnam to assess the long-run likely effects of the country’s equitisation programs on its national economic outcomes and industries. Equitisation is found to be pro-growth as reflected in its contribution to increasing real GDP growth rate in the long run. In terms of industrial output growth rates, the winners include electrical, steel and other manufacturing, while the losers include rice and paddy, and oil, gas and petroleum. To achieve better economic outcomes, the coverage of equitisation should be extended to include medium to large state-owned enterprises across all industries.
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format Journal Article
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institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T06:55:29Z
publishDate 2014
publisher Elsevier Inc.
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spelling curtin-20.500.11937-115542019-02-19T04:26:27Z Winners and losers in Vietnam equitisation programs Le, Hoang Cabalu, Helen Salim, Ruhul Equitisation State-owned enterprises Doi Moi Computable general equilibrium Privatisation This article develops a computable general equilibrium model of Vietnam to assess the long-run likely effects of the country’s equitisation programs on its national economic outcomes and industries. Equitisation is found to be pro-growth as reflected in its contribution to increasing real GDP growth rate in the long run. In terms of industrial output growth rates, the winners include electrical, steel and other manufacturing, while the losers include rice and paddy, and oil, gas and petroleum. To achieve better economic outcomes, the coverage of equitisation should be extended to include medium to large state-owned enterprises across all industries. 2014 Journal Article http://hdl.handle.net/20.500.11937/11554 10.1016/j.jpolmod.2013.10.012 Elsevier Inc. fulltext
spellingShingle Equitisation
State-owned enterprises
Doi Moi
Computable general equilibrium
Privatisation
Le, Hoang
Cabalu, Helen
Salim, Ruhul
Winners and losers in Vietnam equitisation programs
title Winners and losers in Vietnam equitisation programs
title_full Winners and losers in Vietnam equitisation programs
title_fullStr Winners and losers in Vietnam equitisation programs
title_full_unstemmed Winners and losers in Vietnam equitisation programs
title_short Winners and losers in Vietnam equitisation programs
title_sort winners and losers in vietnam equitisation programs
topic Equitisation
State-owned enterprises
Doi Moi
Computable general equilibrium
Privatisation
url http://hdl.handle.net/20.500.11937/11554