Backward and forward linkages for vietnam economy
International Journal of Development Research
Backward and forward linkages for vietnam economy
Received 27th March, 2019; Received in revised form 25th April, 2019; Accepted 20th May, 2019; Published online 30th June, 2019.
Copyright © 2019, Nguyen Thi Huong. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Backward linkage (BL) and forward linkage (FL) in Input-Output analysis has been widely used in many countries to measure the importance and level of influence of an industry on others and the whole economy. The objective of this paper is to examine the production structure of Vietnam economy by using the result of input-output table for 2012 based on two methods developed by Rasmussen and Ghosh. The results show that oils and fats processing, dairy, meat processing and fish processing sectors are those with the largest BL that need to be selected to implement demand stimulus policies. Dairy, basic metals, other chemicals, oils and fats processing sectors are those with the largest FL that need to be selected to implement investment policies.Oils and fats processing, yarn and other fibers, textiles, paper products, petroleum products, other chemicals, basic metals, metal products, machinery are key sectors in Vietnam.
