Please use this identifier to cite or link to this item:
Nhan đề: On the short- and medium-term effects of formalisation: panel evidence from Vietnam.
Tác giả: Boly, Amadou
Từ khoá: Formalisation
Business association membership
Năm xuất bản: 2018
Tùng thư/Số báo cáo: The Journal of Development Studies;Volume 54, Issue 4, Page 641 – 656
Tóm tắt: This 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 credit.
Định danh:
ISSN: 0022-0388 (Print)
1743-9140 (Online)
Appears in Collections:Economic development

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.