Journal of Economics and Development, T. 20, S. 2 (2018)

Cỡ chữ:  Nhỏ  Vừa  Lớn

A Stochastic Analysis of Vietnam Bilateral Trade Efficiency

HO DINH BAO, PHAM VAN MINH, PHAM VINH THAI, TRUONG NHU HIEU

Tóm tắt


    This paper used a stochastic frontier gravity model to evaluate the bilateral trade efficiency of Vietnam using the bilateral trade data of Vietnam's main trade counterparts in the period 2000- 2015. Trade efficiency means the actual trade in comparison with the trade potential. Empirical results show that Vietnam's trade performance was significantly lower than the potential level. Joining the WTO did not improve trade efficiency. The impact of FTAs on exploiting bilateral trade potential is heterogeneous across counterparts.

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Journal of Economics & Development, ISSN: 1859-0020