재식거리 3.2×1.2m로 심어 수고 2.5m의 세장방추형으로 관리해 오던 '후지'/M.9 사과나무를 재식 6년차부터 2년 동안 수고 4.0m로 관리하였다. 이후 재식 8년차에 수고를 2.5m(대조구), 3.0m, 3.5m, 4.0m로 조절하고 수고에 따른 2년간의 생산성 및 노동력을 비교하였다. 대조구인 수고 2.5m를 기준으로 하여 처리에 따른 10a당 생산량을 비교해 보면 첫해에는 수고 4.0m, 3.5m, 3.0m에서 각각 46%, 25%, 4%, 2년차에는 17%, 12%, 10% 증가하였다. 수고에 따른 과실 품질에 있어서는 가용성 고형물 함량은 2개년 모두 수고 2.5m가 가장 높았으나, 착색정도는 수고에 따른 뚜렷한 차이가 없었다. 노동력은 수고가 높아질수록 증가하였으나, 노동력에 따른 과실생산량은 수고가 낮을수록 증가하였다. 조수입과 순수입은 2005년의 경우 수고가 높아질수록 증가하였으나, 2006년은 수고 2.5m가 가장 높았지만 통계적 유의차는 없었다. 따라서 수고에 따른 생산성, 노동력, 경제성을 고려해 볼때 적정수고는 3.0~3.5m인 것으로 판단되었다.

The paper aims to investigate whether foreign direct investment (FDI) has positive effect on the labour productivity in Vietnam. Labour productivity is the elemental determinant of a country’s development level in long-term. In recent years, although increasing consistently, labour productivity of Vietnam remains low in comparison to other South East Asian countries. To identify the direction of effect and the level of effect of FDI and human capital on the labour productivity of Vietnam, Autoregressive Distributed Lag (ARDL) model was used to examine the effect of FDI and human capital on labour productivity in Vietnam from 1986 to 2014. The results of bounds test confirm the existence of cointegration among the variables. Further, the Toda and Yamamoto Granger causality test affirms that there is unidirectional causality running from foreign direct investment and human capital index to labour productivity. The empirical results provide strong statistical evidence that foreign direct investment and human capital has a positive impact on labour productivity in Vietnam in long-term. These findings imply that workers are expected to further improve their knowledge, skills and that policy-maker should establish concrete plans to increase human capital. Results from this study provide suggestion necessary for Vietnam to achieve sustainable development.

The study aims to examine the impact of productivity in addition to the policy of increasing the foreign investors’ ownership rate on the performance of businesses which were listed on Vietnam's stock exchange market from 2010 to 2017. With the database of 3.961 observations, the study employs a statistical method – multiple regression to estimate the relationship between labor productivity, foreign ownership as well as other firm-level characteristics and firm performance. Research findings show that increasing labor productivity and increasing foreign ownership rates help increase firm performance. In addition, except for financial leverage, variables such as liquidity and firm size have positive effects on firm performance measured by Tobin’s Q. These findings have theoretical contributions and practical implications for managers, investors and government in Vietnam. Managers should pay attention to improving labor productivity through employing incentive mechanisms, building a good working environment, investing in technology, etc. in order to enhance the firm performance. Investors could utilize the labor productivity and foreign ownership indicators to select stocks of good companies for investment. For Vietnamese government, relaxing the limit of foreign ownership and accelerating the divesting of State capital in Stateowned enterprises could help increase the investment scale of foreign investors and resulting in positive effects on the firm performance.