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...
| Main Authors: | , , |
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| Format: | Journal Article |
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Elsevier Inc.
2014
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| Online Access: | http://hdl.handle.net/20.500.11937/11554 |
| _version_ | 1848747837344448512 |
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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. |
| first_indexed | 2025-11-14T06:55:29Z |
| format | Journal Article |
| id | curtin-20.500.11937-11554 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:55:29Z |
| publishDate | 2014 |
| publisher | Elsevier Inc. |
| recordtype | eprints |
| repository_type | Digital Repository |
| 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 |