Applying Sgmm Estimation Method To Assess The Impact Of Technological Change On The Imbalance Of Labor Structure: A Study In The Manufacturing And Processing Industry In Vietnam

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Le Van Chinh , Le Phuong Thao , Nguyen Anh Tuyet , Bui Anh Tu , Nguyen Thi Thanh Huyen

Abstract

This study aims to show the impact of technological change on the imbalance of labor structure in the manufacturing industry in Vietnam from the period 2012-2018. The panel data set is integrated from the annual enterprise survey data set and the enterprise technology use data set of the General Statistics Office. Since the current imbalance in the labor structure may have been affected by this situation in the past, the study has assigned a regression model with the SGMM estimation method to assess the impact of changes in employment. Since the current imbalance in the labor structure may have been affected by this situation in the past, the study has assigned a regression model with the SGMM estimation method to assess the impact of changes in employment technology on the imbalance in labor structure. The imbalance index (index d) measures the imbalance of labor structure in the manufacturing and processing industry. The results show that, for the whole industry, the inequality in the past, technology purchased from state-owned enterprises increased the imbalance index. In contrast, the purchase of advanced communication technology, import and export activities of the industry, intra-industry labor restructuring, and technology purchase combined with self-research and implementation reduces the loss index symmetrically. In addition, the results will be different when looking specifically at other groups of industries using different levels of technology, including high-tech and low-tech industries.

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