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Phan, Diep; Coxhead, Ian A.. |
Vietnam’s economic boom during the transition to a market economy has centered on very rapid growth in some sectors and some provinces, yet poverty has diminished across the entire country. With capital investments highly concentrated by province and sector, geographic labor mobility may be critical in spreading the gains from growth. Conversely, rising income inequality may be attributable in part to impediments to migration. We first use census data to investigate migration patterns and determinants. We then examine the role of migration as an influence on cross-province income differentials. The former analysis robustly confirms economic motives for migration but also suggests the existence of poverty-related labor immobility at the provincial level.... |
Tipo: Working or Discussion Paper |
Palavras-chave: International Development. |
Ano: 2007 |
URL: http://purl.umn.edu/92114 |
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Phan, Diep; Coxhead, Ian A.. |
“Shock therapy” transitions in Eastern Europe facilitated movement of skilled workers into privatized industries offering high wage premia relative to state industries. Other transitional economies (notably China and Vietnam) have been slower to relinquish control over key industries and factor markets. Some costs of this piecemeal approach are now becoming apparent. We examine the spillover of continuing capital market distortions into the market for a complementary factor, skilled labor. Using Vietnamese data we find that capital market segmentation creates a two-track market for skills, in which state sector workers earn high salaries while non-state workers face lower demand and lower compensation. Growth is reduced directly by diminished allocative... |
Tipo: Working Paper |
Palavras-chave: Labor; Skills; State-owned; Inequality; Wages; Vietnam; International Development; Labor and Human Capital; J31; P23; F16. |
Ano: 2012 |
URL: http://purl.umn.edu/124207 |
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