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dc.contributor.authorBoly, Amadou-
dc.identifier.issn0022-0388 (Print)-
dc.identifier.issn1743-9140 (Online)-
dc.description.abstractThis paper analyses the consequences of formalisation on the performance of informal firms, using a panel dataset from Vietnam. We find that switching firms (before switching) have higher profit and value added compared to non-switching firms; suggesting heterogeneity. Becoming formal leads to an additional increase in switching firms’ profit and value added. The benefits of formalisation materialise in the short-term (one year) and persist in the longer-term (three or more years). These benefits run through various channels such as better access to powered equipment or higher business association membership; but not better access to
dc.relation.ispartofseriesThe Journal of Development Studies;Volume 54, Issue 4, Page 641 – 656-
dc.subjectBusiness association membershipvi
dc.titleOn the short- and medium-term effects of formalisation: panel evidence from
Appears in Collections:Economic development

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