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Analysis Of Policy Changes In The Seafood Processing Industry In Vietnam

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  • Dao Thanh Hong
  • Quan Vu Le

Abstract

. This paper examines firms’ competitiveness in the seafood processing industry in Vietnam and policy changes for global integration. We find that trade liberalization is a very important policy change that has generally positive impacts and generates strong reactions in the seafood processing industry. Exchange rate depreciation is also an important factor and receives strong responsiveness as most of firms’ intermediate inputs are tradable and seafood products are also tradable. Increasing electricity charges that reduce profitability also generate strong reactions. Oil and petrol comprise a small portion of intermediate inputs, hence increasing the oil price does not significantly hinder the industry and does not stimulate very strong reactions. The US anti‐dumping tariff strongly hurts firms’ profitability, not only seafood exporting firms but also non‐exporters.

Suggested Citation

  • Dao Thanh Hong & Quan Vu Le, 2008. "Analysis Of Policy Changes In The Seafood Processing Industry In Vietnam," Pacific Economic Review, Wiley Blackwell, vol. 13(5), pages 521-549, December.
    • Handle: RePEc:bla:pacecr:v:13:y:2008:i:5:p:521-549
    DOI: 10.1111/j.1468-0106.2008.00417.x
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    References listed on IDEAS

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    1. Auffret, Phillipe, 2003. "Trade reform in Vietnam : opportunities with emerging challenges," Policy Research Working Paper Series 3076, The World Bank.
    2. Nigel Key & Elisabeth Sadoulet & Alain De Janvry, 2000. "Transactions Costs and Agricultural Household Supply Response," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(2), pages 245-259.
    3. Fiona Thorne, 2005. "Examining The Competitiveness Of Cereal Production In Selected Eu Countries," Working Papers 0507, Rural Economy and Development Programme,Teagasc.
    4. Thorne, Fiona S., 2005. "Analysis of the Competitiveness of Cereal Production in Selected EU Countries," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24613, European Association of Agricultural Economists.
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