Agriculture in Viet-Nam"s economy, a system for economic analysis

The analyses of these data lend valuable insights into inner workings of the Vietnamese economy to aid decisionmakers. Data inadequacies are apparent, but the USDA/AID team worked to develop as much economic information as possible into a logical system rather than dwelling on data shortcomings. Several analytical techniques are used to quantify economic relationships. Regression analysis, ranging from simple linear relationships to polynomial distributed lags, formed the basis of most of the analysis. Supply and utilization tables were constructed for major commodities, supplemented by seasonal analyses, index number construction, and a detailed economic profile. Much of the analysis is then drawn into an illustrative multi-equation framework of the Vietnamese economy. This framework provides important guides to policymakers through simulated alternative assumption levels. It also demonstrates important interrelationships within the agricultural sector, as well as between agriculture and the national accounts.