Industrialisation and the Triangular Rent-Seeking Relationship between Vietnam, Japan and China in Vietnam's Motorcycle Industry

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Ngo, C. N. (2014). Industrialisation and the Triangular Rent-Seeking Relationship between Vietnam, Japan and China in Vietnam's Motorcycle Industry, (3), 177-208. Retrieved from https://www.ceeol.com/search/article-detail?id=477033
Details
Title

Industrialisation and the Triangular Rent-Seeking Relationship between Vietnam, Japan and China in Vietnam's Motorcycle Industry

Subtitle
Author

Christine, Ngoc, Ngo

Journal

LIMESplus

Volume
Issue

3

Start page

177

End page

208

ISSN

1820-0869

ISBN
DOI
URL

https://www.ceeol.com/search/article-detail?id=477033

Date

2014-2021/10/18/12:11:28

Abstract

Summary/Abstract: In examining the industrial success of Vietnam’s fast growing economy, this paper firstly asks whether FDI based industrial policy in the motorcycle industry resulted in industrial success and, if so, why. Using the political economy framework of rents and rent seeking, this paper assesses the triangular rent seeking relationship between three countries – Vietnam, Japan and China – in relation to Vietnam’s motorcycle industry. The paper concludes that the Vietnamese government’s policy in offering rents for foreign investors were largely unsuccessful in the short term; however, some accidental rents have led to significant technological transformation in the production chain among assemblers and producers.

Keywords

foreign direct investment, industrial policy, motorcycle industry, rent-seeking, technological upgrading, Vietnam