TAILIEUCHUNG - Impacts of agricultural production and import on Vietnam’s inflation in the period 1990-2010

In this paper, the linear regression model is employed to analyze impacts of agricultural production and import on CPI from 1990 through 2010. The results show that these two factors profoundly influence Vietnam’s inflation rate. | ECONOMIC DEVELOPMENT No. 208, December 2011 IMPACTS OF AGRICULTURAL PRODUCTION AND IMPORT ON VIETNAM’S INFLATION IN THE PERIOD 1990-2010 by PHAN THAØNH TAÂM* Vietnam’s CPI reveals the actual inflation rate in early months of 2011. Inflation, if it is not properly curbed, will profoundly affect the national economy. One of the most obvious adverse effects of inflation is that it menaces the life of low-income people. Being a purely agricultural country (. more than 70% of population is agriculture-dependent) with a high trade deficit, impacts of inflation in Vietnam are very serious. In this paper, the linear regression model is employed to analyze impacts of agricultural production and import on CPI from 1990 through 2010. The results show that these two factors profoundly influence Vietnam’s inflation rate. Additionally, violations of necessary assumptions in the study are also tested using 5% significance level. The research can provide policy-makers with a useful reference for controlling inflation in Vietnam in the future. Keywords: Import, agricultural production, inflation, trade deficit 1. Problem Vietnam’s economy is gradually regaining its health after the recent crisis. However, structural weaknesses and difficulties of the national economy have become more evident. As some economic experts put it, Vietnam’s economy in 2011 would witness a lot of challenges; inflation rate would reach around 17% and the per capital income may be around USD1,160 in current price. However, Vietnam still needs a high investment rate of around 40% of GDP to maintain its growth. Thus, it is necessary to expedite the economic restructuring and enhance the effectiveness of investments. High inflation rate is threatening the national economic stability in 2011. Since Vietnam’s inflation has structural trait, it is very difficult to control, especially when price of foodstuff has incessantly 44 risen in early months, and import showed no downward trend in the last months .

• Nông nghiệp
• Agricultural production
• Trade deficit
• Inflation rate
• Applied econometrics
• Inflation in manufacturing
• Doctoral thesis summary
• Agricultural economics
• Tea production decision
• Tea production
• Agricultural practice
• Biotechnology and food sciences
• Bioethanol production from agricultural wastes
• Zymomonas mobilis
• Vinegar production
• Agricultural wastes
• Influence the associative work of agricultural production chains
• The associative work of agricultural production chains
• The Mantaro Valley of Peru
• The Mantaro Valley
• Climate change
• Living standard of farmers
• Develop the local agricultural
• International organizations
• Biological efficiency
• Oyster mushroom production
• Different agricultural substrates
• Agricultural substrates
• Better productivity of mushroom
• Agricultural waste substrates
• Production of oyster mushroom
• Oyster mushroom
• Different agricultural wastes
• Physical characteristics of oyster mushroom
• Summary of Dissertation Agricultural economics
• Attitudes toward risk
• Economic efficency in maize production
• Farmers in the Mekong delta
• Principles of agricultural economics
• The economics of production
• The costs of production
• Profit maximization
• Optimal input selection
• Optimal output selection
• Agricultural product
• Vietnam's agricultural exports
• EU market
• Tropical agricultural production
• EU–Vietnam framework agreement
• Economics of agricultural production
• Theory of consumer behaviour
• Economics of market demand
• Dynamics in demand analysis
• Wheat production
• Wheat export
• Crop with reference to wheat
• Agricultural crop
• Production and export
• Bacterial leaf blight disease
• Antagonistic microorganisms
• Rice blight desease
• Agricultural production in Vietnam
• Environmentally friendly antagonistic microorganisms
• Meloidogyne graminicola
• Cropping sequence
• Rice production
• Impacts on rice production
• Agricultural practice modifications
• Root knot nematode infections promoted
• Summary of Geological PhD Thesis
• Agricultural production model
• Forestry production model
• Son La province's natural resources
• National natural resource protection
• Factors affecting
• Extremely vulnerable industry
• Broadening training courses
• Promoting large scale production patterns
• Agricultural Land
• Agricultural land acquisition
• Environmental sanitation
• Socio economic conditions
• Labor structure
• Captial investment on tea production
• Tea production in Lai Chau province
• Capital investment on agricultural production
• The impact of capital investment on average tea yield
• The impact of investment on annual tea revenue
• Cropping pattern
• Growth rate
• Uttar pradesh
• Temporal analysis of agricultural production
• Performance in Uttar Pradesh
• Implementing national technological absorptive capacity framework
• Motivate high technology application
• Bac Kan’s agricultural production
• Competitive products for the market
• Summary of doctoral thesis
• Summary of doctoral thesis in Economics
• Determining the optimal farm size
• Households Mekong Delta
• Conservation agriculture
• Conventional agriculture
• Resource use efficiency
• Sustainable crop production
• Drawbacks of conventional agricultural system
• Waste treatment
• Research status of waste collection
• Agricultural production activities
• Environmental protection of the basin
• Significant impact on water quality
• Commercial agriculture
• North Central Coast
• Activity level
• Main commercial agricultural products
• Production forestry
• Organic agriculture
• Organic agricultural production
• Policy on organic agricultural production
• Consumers and Tuyen Quang province
• Genetically modified organisms