Lưu Thanh Đức Hải *

* Người chịu trách nhiệm về bài viết: Lưu Thanh Đức Hải

Abstract

This article analyses the spatial price differences in the rice market of the Mekong Delta to assess the impact of the liberalisation policies on its functioning.  The results of these policies carried out during the last two decades are impressive.  The rice market system in the Delta is competitive.  Price patterns strongly cohere and are integrated with the regulated export prices.  However, price patterns in other regions and in particular in the North, are only weakly integrated with price patterns in the South.  Private traders in the South satisfy local demand and deal with State Owned Enterprises (SOEs) involved in exports and transactions with the North.  In the framework of the national food security policy, the state owned food companies subsidise transactions between the South and the North.  Therefore, no profitable long distance trade can be established.  Moreover, the state owned food companies acquire nearly all licences to export (quota).  We conclude that, despite all the dramatic changes, the liberalisation process still faces major challenges.
Keywords:

Tóm tắt

Abstract

This article analyses the spatial price differences in the rice market of the Mekong Delta to assess the impact of the liberalisation policies on its functioning.  The results of these policies carried out during the last two decades are impressive.  The rice market system in the Delta is competitive.  Price patterns strongly cohere and are integrated with the regulated export prices.  However, price patterns in other regions and in particular in the North, are only weakly integrated with price patterns in the South.  Private traders in the South satisfy local demand and deal with State Owned Enterprises (SOEs) involved in exports and transactions with the North.  In the framework of the national food security policy, the state owned food companies subsidise transactions between the South and the North.  Therefore, no profitable long distance trade can be established.  Moreover, the state owned food companies acquire nearly all licences to export (quota).  We conclude that, despite all the dramatic changes, the liberalisation process still faces major challenges.

Title: Rice market integration in theMekongDelta the successful liberalisation of the domestic food market inViet Nam

Từ khóa: 1

Article Details

Tài liệu tham khảo

Abdulai, A., 2000, ‘Spatial price transmission and asymmetry in the Ghanian maize market’, Journal of Development Economics, Vol 63, pp. 327-349.

Alexander, C. and J. Wyeth, 1994, ‘Cointegration and Market Integration: an Application to the Indonesian Rice Market’, Journal of Development studies, Vol. 30, No. 2, pp. 303-328.

Baulch, B., 1997, ‘Testing for Food Market Integration Revisited’, The Journal of Development Studies, Vol 33, No. 4, pp. 512-534.

Harriss, B., 1979, ‘There is a Method in my Madness, or is it Vice Versa? Food Research Institute Studies, Stanford, 17(2).

Irvin, G., 1995, ‘Viet Nam: Assessing the Achievements of Doi Moi’, The Journal of Development Studies, Vol. 31, No. 5, pp. 725-750.

Johansen, S., 1991, ‘Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models’, Econometrica, 59, p. 1551-1580.

Khiem, Nguyen Tri and P. Pingali, 1994, ‘Market Reform and Food Supply System: The case of Viet Nam’, International Food Policy Research Institute. Proceedings of the Third International Workshop on Projections and Implications of Long-term Rice Supply and Demand in Asia, Bangkok, Jan 20-24, 1994.

Khiem, Nguyen Tri and P. Pingali, 1995, ‘Supply Response for Rice and Three Food Crops in Viet Nam’, in: Viet Nam and IRRI: A partnership in Rice Research, IRRI, the Philippines.

Luu Thanh Duc Hai, 2003, The Organization of the liberalized Rice Market in Viet Nam, Ph.D. Thesis, University of Groningen, The Netherlands, 236 p.

Kuiper, W. E., C. Lutz and A. van Tilburg, 1999, ‘Testing for the law of one price and identifying price-leading markets: an application to corn markets in Benin’, Regional Science, Vol. 39, No 4. pp. 713-738.

Maddala, G. S., 1992, Introduction to Econometrics, 2nd Edition, MacMillan Publishing House, New York.

Minot, N. and F. Goletti, 2000, Rice Market Liberalization and Poverty in Viet Nam, IFPRI Research Report 114, 113 p.

Pingali, P. and Vo-Tong Xuan, 1992, ‘Viet Nam: Agricultural De-collectivization and Rice Productivity Growth’, Economic Development and Cultural Change 40: 679-718.

Pingali, P., Nguyen Tri Khiem, R. Gerpacio, and Vo-Tong Xuan, 1997, ‘Prospects for sustaining Viet Nam’s re-acquired rice exporter status’, Food Policy, Vol. 22, No. 4, pp. 345-358.

Pohl-Nielsen, C., 2002, Viet Nam in the International Rice Market, Fodevareokonomisk Institut, report 132, Kobenhavn.

Ravallion, M., 1986, ‘Testing Market Integration’. American Journal of Agricultural Economics, 68 (1): 102- 109.

Sexton, R. J., C. L. Kling and H. F. Carman, 1991, ‘Market integration, efficiency of arbitrage, and imperfect competition: Methodology and application to U.S. celery’, American Journal of Agricultural Economies, 45, 369-380.

Tomek, W. and K. Robinson, 1990, Agricultural Product Prices, Ithaca, NY: Cornell University Press.

UNDP, Viet Nam: Annual Report 1989.

Van Nguyen Trung (1998), Luong Thuc Viet Nam Thoi Doi Moi Huong Xuat Khau [Viet Nam’s Food-Export Oriented Reform Era], The National Political Publishing House, 319 p., Viet Nam.

VFA, the Vietnamese Food Association: Report 2000

VFA, the Vietnamese Food Association: Report 2001