Support for Agricultural Restructuring Project : The Financial and Economic Competitiveness of Rice and Selected Feed Crops in Northern and Southern Vietnam

One area of weakness in current agricultural policy work in Vietnam is the lack of a clear understanding of both the private profitability of farmers for different crop activities and the social profitability of such activities. Agricultural perfor...

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Bibliographic Details
Main Author: World Bank
Format: Other Agricultural Study
Language:English
en_US
Published: Washington, DC 2013
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2013/01/18028675/vietnam-support-agricultural-restructuring-project-financial-economic-competitiveness-rice-selected-feed-crops-northern-southern-vietnam
http://hdl.handle.net/10986/16037
id okr-10986-16037
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACTUAL YIELDS
ADVERSE EFFECTS
AGRICULTURAL ACTIVITIES
AGRICULTURAL ACTIVITY
AGRICULTURAL COMMODITY
AGRICULTURAL DEVELOPMENT
AGRICULTURAL LAND
AGRICULTURAL LAND USE
AGRICULTURAL OUTPUTS
AGRICULTURAL PERFORMANCE
AGRICULTURAL POLICIES
AGRICULTURAL POLICY
AGRICULTURAL PRODUCTION
AGRICULTURAL SECTOR
AGRICULTURAL SYSTEM
AGRICULTURAL SYSTEMS
AGRICULTURE
AGRICULTURE SECTOR
ALTERNATIVE CROPS
ANIMAL FEED
ANIMALS
AQUACULTURE
AVERAGE YIELDS
CASSAVA
CLIMATE
COFFEE
COMMERCIAL AGRICULTURE
COMMERCIAL VALUE
COMMODITY
COMPARATIVE ADVANTAGE
COMPARATIVE ANALYSIS
CONSUMERS
CONSUMPTION LEVELS
COOPERATIVES
COST ASSUMPTIONS
CROP
CROP ALTERNATIVES
CROP CYCLE
CROP HUSBANDRY
CROP INTENSIFICATION
CROP MODEL
CROP MODELS
CROP PRICES
CROP RESEARCH
CROP ROTATIONS
CROP YIELD
CROP YIELDS
CROPS
CULTIVATION SYSTEMS
DECISION MAKING
DEVELOPMENT STRATEGY
DOMESTIC FOOD
DRAINAGE
DUNG
ECONOMIC COMPETITIVENESS
ECONOMIC EFFICIENCY
ECONOMIC RATE OF RETURN
ECONOMIC VALUE
ECONOMICS
ECONOMIES OF SCALE
EQUIPMENT
EXCHANGE RATES
EXPORTS
EXTENSION
EXTENSION SERVICES
FAMILY FARM
FARM
FARM EMPLOYMENT
FARM EMPLOYMENT OPPORTUNITIES
FARM FAMILY
FARM HOUSEHOLDS
FARM LABOR
FARM MANAGEMENT
FARM MODEL
FARM PRACTICES
FARM PRODUCTION
FARM SIZE
FARM YIELDS
FARMER
FARMER ADOPTION
FARMER INCOMES
FARMERS
FARMING
FARMLAND
FARMS
FERTILIZER
FINANCIAL CRISIS
FISCAL POLICIES
FISH
FIXED COSTS
FOOD SECURITY
FUTURE RESEARCH
GDP
GRAIN
GRAIN PRICES
GROSS MARGIN
HARVESTERS
HARVESTING
HARVESTS
HERBICIDES
HYBRIDS
INCOME
INCOME DISTRIBUTION
IRRIGATION COSTS
IRRIGATION WATER
LABOR COSTS
LAND USE PLANNING
LIVESTOCK
LIVESTOCK ACTIVITIES
LIVESTOCK RAISING
spellingShingle ACTUAL YIELDS
ADVERSE EFFECTS
AGRICULTURAL ACTIVITIES
AGRICULTURAL ACTIVITY
AGRICULTURAL COMMODITY
AGRICULTURAL DEVELOPMENT
AGRICULTURAL LAND
AGRICULTURAL LAND USE
AGRICULTURAL OUTPUTS
AGRICULTURAL PERFORMANCE
AGRICULTURAL POLICIES
AGRICULTURAL POLICY
AGRICULTURAL PRODUCTION
AGRICULTURAL SECTOR
AGRICULTURAL SYSTEM
AGRICULTURAL SYSTEMS
AGRICULTURE
AGRICULTURE SECTOR
ALTERNATIVE CROPS
ANIMAL FEED
ANIMALS
AQUACULTURE
AVERAGE YIELDS
CASSAVA
CLIMATE
COFFEE
COMMERCIAL AGRICULTURE
COMMERCIAL VALUE
COMMODITY
COMPARATIVE ADVANTAGE
COMPARATIVE ANALYSIS
CONSUMERS
CONSUMPTION LEVELS
COOPERATIVES
COST ASSUMPTIONS
CROP
CROP ALTERNATIVES
CROP CYCLE
CROP HUSBANDRY
CROP INTENSIFICATION
CROP MODEL
CROP MODELS
CROP PRICES
CROP RESEARCH
CROP ROTATIONS
CROP YIELD
CROP YIELDS
CROPS
CULTIVATION SYSTEMS
DECISION MAKING
DEVELOPMENT STRATEGY
DOMESTIC FOOD
DRAINAGE
DUNG
ECONOMIC COMPETITIVENESS
ECONOMIC EFFICIENCY
ECONOMIC RATE OF RETURN
ECONOMIC VALUE
ECONOMICS
ECONOMIES OF SCALE
EQUIPMENT
EXCHANGE RATES
EXPORTS
EXTENSION
EXTENSION SERVICES
FAMILY FARM
FARM
FARM EMPLOYMENT
FARM EMPLOYMENT OPPORTUNITIES
FARM FAMILY
FARM HOUSEHOLDS
FARM LABOR
FARM MANAGEMENT
FARM MODEL
FARM PRACTICES
FARM PRODUCTION
FARM SIZE
FARM YIELDS
FARMER
FARMER ADOPTION
FARMER INCOMES
FARMERS
FARMING
FARMLAND
FARMS
FERTILIZER
FINANCIAL CRISIS
FISCAL POLICIES
FISH
FIXED COSTS
FOOD SECURITY
FUTURE RESEARCH
GDP
GRAIN
GRAIN PRICES
GROSS MARGIN
HARVESTERS
HARVESTING
HARVESTS
HERBICIDES
HYBRIDS
INCOME
INCOME DISTRIBUTION
IRRIGATION COSTS
IRRIGATION WATER
LABOR COSTS
LAND USE PLANNING
LIVESTOCK
LIVESTOCK ACTIVITIES
LIVESTOCK RAISING
World Bank
Support for Agricultural Restructuring Project : The Financial and Economic Competitiveness of Rice and Selected Feed Crops in Northern and Southern Vietnam
geographic_facet East Asia and Pacific
Vietnam
description One area of weakness in current agricultural policy work in Vietnam is the lack of a clear understanding of both the private profitability of farmers for different crop activities and the social profitability of such activities. Agricultural performance is thus gauged in physical terms (i.e. yields and the volume of aggregate output) rather than in financial or economic terms. This has hampered efforts to compare and contrast the impacts and effectiveness of alternative policy and program measures. Comparative metrics for different crops and farm management systems have been lacking. The main objectives of this paper are: (i) to describe the Policy Analysis Matrix (PAM) methodology and how to interpret key financial and economic indicators; (ii) to document the underlying assumptions used for the analysis; and (iii) to provide a summary and brief interpretation of the main quantitative results and outcome of selected sensitivity tests. As a step towards improved sector planning, this paper utilizes the PAM to analyze various farm management systems for rice, maize, and cassava in different parts of Vietnam. Tradeoffs are involved in all production decisions and the PAM provides a systematic way of comparing the private and underlying social costs and returns from different agriculture enterprises together with the effects of government policy. The paper is presented in following five sections: section one is introduction; section two describes the methodology and main assumptions used for the analysis; section three presents the main quantitative results for different kinds of rice grown for export in An Giang province in the Mekong delta of southern Vietnam and for domestic rice and alternative stock feed crops grown in northern Vietnam; section four presents the results of various sensitivity tests that looked at the impact of changes in crop yields, commodity prices, fertilizer costs, and labor costs; and section five concludes with a summary of key findings and policy recommendations.
format Economic & Sector Work :: Other Agricultural Study
author World Bank
author_facet World Bank
author_sort World Bank
title Support for Agricultural Restructuring Project : The Financial and Economic Competitiveness of Rice and Selected Feed Crops in Northern and Southern Vietnam
title_short Support for Agricultural Restructuring Project : The Financial and Economic Competitiveness of Rice and Selected Feed Crops in Northern and Southern Vietnam
title_full Support for Agricultural Restructuring Project : The Financial and Economic Competitiveness of Rice and Selected Feed Crops in Northern and Southern Vietnam
title_fullStr Support for Agricultural Restructuring Project : The Financial and Economic Competitiveness of Rice and Selected Feed Crops in Northern and Southern Vietnam
title_full_unstemmed Support for Agricultural Restructuring Project : The Financial and Economic Competitiveness of Rice and Selected Feed Crops in Northern and Southern Vietnam
title_sort support for agricultural restructuring project : the financial and economic competitiveness of rice and selected feed crops in northern and southern vietnam
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2013/01/18028675/vietnam-support-agricultural-restructuring-project-financial-economic-competitiveness-rice-selected-feed-crops-northern-southern-vietnam
http://hdl.handle.net/10986/16037
_version_ 1764431533695827968
spelling okr-10986-160372021-04-23T14:03:23Z Support for Agricultural Restructuring Project : The Financial and Economic Competitiveness of Rice and Selected Feed Crops in Northern and Southern Vietnam World Bank ACTUAL YIELDS ADVERSE EFFECTS AGRICULTURAL ACTIVITIES AGRICULTURAL ACTIVITY AGRICULTURAL COMMODITY AGRICULTURAL DEVELOPMENT AGRICULTURAL LAND AGRICULTURAL LAND USE AGRICULTURAL OUTPUTS AGRICULTURAL PERFORMANCE AGRICULTURAL POLICIES AGRICULTURAL POLICY AGRICULTURAL PRODUCTION AGRICULTURAL SECTOR AGRICULTURAL SYSTEM AGRICULTURAL SYSTEMS AGRICULTURE AGRICULTURE SECTOR ALTERNATIVE CROPS ANIMAL FEED ANIMALS AQUACULTURE AVERAGE YIELDS CASSAVA CLIMATE COFFEE COMMERCIAL AGRICULTURE COMMERCIAL VALUE COMMODITY COMPARATIVE ADVANTAGE COMPARATIVE ANALYSIS CONSUMERS CONSUMPTION LEVELS COOPERATIVES COST ASSUMPTIONS CROP CROP ALTERNATIVES CROP CYCLE CROP HUSBANDRY CROP INTENSIFICATION CROP MODEL CROP MODELS CROP PRICES CROP RESEARCH CROP ROTATIONS CROP YIELD CROP YIELDS CROPS CULTIVATION SYSTEMS DECISION MAKING DEVELOPMENT STRATEGY DOMESTIC FOOD DRAINAGE DUNG ECONOMIC COMPETITIVENESS ECONOMIC EFFICIENCY ECONOMIC RATE OF RETURN ECONOMIC VALUE ECONOMICS ECONOMIES OF SCALE EQUIPMENT EXCHANGE RATES EXPORTS EXTENSION EXTENSION SERVICES FAMILY FARM FARM FARM EMPLOYMENT FARM EMPLOYMENT OPPORTUNITIES FARM FAMILY FARM HOUSEHOLDS FARM LABOR FARM MANAGEMENT FARM MODEL FARM PRACTICES FARM PRODUCTION FARM SIZE FARM YIELDS FARMER FARMER ADOPTION FARMER INCOMES FARMERS FARMING FARMLAND FARMS FERTILIZER FINANCIAL CRISIS FISCAL POLICIES FISH FIXED COSTS FOOD SECURITY FUTURE RESEARCH GDP GRAIN GRAIN PRICES GROSS MARGIN HARVESTERS HARVESTING HARVESTS HERBICIDES HYBRIDS INCOME INCOME DISTRIBUTION IRRIGATION COSTS IRRIGATION WATER LABOR COSTS LAND USE PLANNING LIVESTOCK LIVESTOCK ACTIVITIES LIVESTOCK RAISING One area of weakness in current agricultural policy work in Vietnam is the lack of a clear understanding of both the private profitability of farmers for different crop activities and the social profitability of such activities. Agricultural performance is thus gauged in physical terms (i.e. yields and the volume of aggregate output) rather than in financial or economic terms. This has hampered efforts to compare and contrast the impacts and effectiveness of alternative policy and program measures. Comparative metrics for different crops and farm management systems have been lacking. The main objectives of this paper are: (i) to describe the Policy Analysis Matrix (PAM) methodology and how to interpret key financial and economic indicators; (ii) to document the underlying assumptions used for the analysis; and (iii) to provide a summary and brief interpretation of the main quantitative results and outcome of selected sensitivity tests. As a step towards improved sector planning, this paper utilizes the PAM to analyze various farm management systems for rice, maize, and cassava in different parts of Vietnam. Tradeoffs are involved in all production decisions and the PAM provides a systematic way of comparing the private and underlying social costs and returns from different agriculture enterprises together with the effects of government policy. The paper is presented in following five sections: section one is introduction; section two describes the methodology and main assumptions used for the analysis; section three presents the main quantitative results for different kinds of rice grown for export in An Giang province in the Mekong delta of southern Vietnam and for domestic rice and alternative stock feed crops grown in northern Vietnam; section four presents the results of various sensitivity tests that looked at the impact of changes in crop yields, commodity prices, fertilizer costs, and labor costs; and section five concludes with a summary of key findings and policy recommendations. 2013-10-02T21:19:43Z 2013-10-02T21:19:43Z 2013-01 http://documents.worldbank.org/curated/en/2013/01/18028675/vietnam-support-agricultural-restructuring-project-financial-economic-competitiveness-rice-selected-feed-crops-northern-southern-vietnam http://hdl.handle.net/10986/16037 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Agricultural Study Economic & Sector Work East Asia and Pacific Vietnam