Please use this identifier to cite or link to this item:
Title: Firm-Level Corruption in Vietnam
Authors: Rand, John
Tarp, Finn
Keywords: Firm performance
Việt Nam
Series/Report no.: Finn Tarp 2010 March;UNU-WIDER working paper 2010-16
Abstract: This paper uses a unique panel dataset on firm-level corruption. It contains quantitative information on bribe payments by a sample offormal and informal Vietnamese firms. We show that bribe incidence is highly associated with firm-level differences in (i) visibility, (ii) sunk costs, (iii) ability to pay, and (iv) level of interaction with public officials. Moreover, when informal firms become formal the probability of paying bribes increases. Becoming formal is also associated with a revenue growth premium that is not driven by self-selection of well-performing firms. On average, this premium outweighs the additional bribe cost of formalization. Formalization embodies net benefits in spite of the growthhampering effects of bribes
Appears in Collections:Economic development

Files in This Item:
File Description SizeFormat 
Firm-Level Corruption in Vietnam.pdf
  Restricted Access
111.27 kBAdobe PDFView/Open

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