An evaluation of contributions of level I economic activities to economic growth of Viet Nam
Abstract
This study uses quantitative analysis methods to analyze the shift in economic structure and investment efficiency. Also, it evaluates the contributions of level 1 economic activities to economic growth of Viet Nam from 2005 to 2018. The findings show that inaproportionate investment led to decreasing investment efficiency and differentiation between investment proportion, investment efficiency and contributions of each level 1 economic activity to economic growth of Viet Nam. In particular, the economic activities with high investment had low investment efficiency and contributed insignificantly to economic growth, whereas economic activities with low investment had high investment efficiency and remarkable contributions to economic growth of Viet Nam.
Moraref