IDEAS home Printed from https://ideas.repec.org/a/taf/pocoec/v33y2021i1p64-78.html
   My bibliography  Save this article

Regional income convergence in an emerging Asian economy: empirical evidence from Vietnam

Author

Listed:
  • Jan Bentzen
  • Le Thanh Tung

Abstract

Vietnam as an emerging economy has experienced strong economic growth since 1990 with an average annual income per capita growth of 8.8 per cent for 1990–2018. The country has around sixty provinces, and applying cross-section and time-series tests of convergence the analysis shows that approximately half of these have experienced a process of convergence towards the income level of Ho Chi Minh City (HCMC). Still, cities like HCMC and Ha Noi have a per capita income level several times higher than the lowest income provinces. The analysis also finds that provinces being a neighbour to the major city areas – and having more manufacturing and service industry activities than agriculture – are more likely to experience a process of economic convergence towards HCMC. This is also revealing that provinces having an infrastructure that can attract and adopt investments – being foreign investments or government funded activities – appear more likely to catch up with the high-income areas.

Suggested Citation

  • Jan Bentzen & Le Thanh Tung, 2021. "Regional income convergence in an emerging Asian economy: empirical evidence from Vietnam," Post-Communist Economies, Taylor & Francis Journals, vol. 33(1), pages 64-78, January.
    • Handle: RePEc:taf:pocoec:v:33:y:2021:i:1:p:64-78
    DOI: 10.1080/14631377.2020.1722587
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14631377.2020.1722587
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/14631377.2020.1722587?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tung Le Thanh & Hoang Dinh Van, 2023. "Impact of Social Network Usage on Employees’ Work Performance in Public Organizations: Evidence from Vietnam," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 17(1), pages 1691-1701, July.
    2. Vítor João Pereira Domingues Martinho, 2023. "Evidence of Global Convergence: Perspectives for Economic and Territory Planning in Times of the COVID-19 Pandemic," Land, MDPI, vol. 12(6), pages 1-19, June.
    3. Md Sharifuzzaman & Hong-Seok Mun & Keiven Mark B. Ampode & Eddiemar B. Lagua & Hae-Rang Park & Young-Hwa Kim & Md Kamrul Hasan & Chul-Ju Yang, 2024. "Smart Pig Farming—A Journey Ahead of Vietnam," Agriculture, MDPI, vol. 14(4), pages 1-29, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:pocoec:v:33:y:2021:i:1:p:64-78. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CPCE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.