Please use this identifier to cite or link to this item: https://dspace.agu.edu.vn:8080/handle/agu_library/12583
Title: Corruption, growth, and governance: private vs. state-owned firms in Vietnam
Authors: Thuy, Nguyen Thu
Van Dijk, Mathijs A.
Keywords: Corruption
Growth
Governance
Private firms
State-owned enterprises
Issue Date: 16-Apr-2012
Series/Report no.: Journal of Banking & Finance;Volume 36, Issue 11, Page 2935–2948
Abstract: We provide a firm-level analysis of the relation between corruption and growth for private firms and state-owned enterprises (SOEs) in Vietnam. We obtain three different measures of the perceived corruption severity from a 2005 survey among 741 private firms and 133 SOEs. We find that corruption hampers the growth of Vietnam’s private sector, but is not detrimental for growth in the state sector. We document significant differences in the corruption severity across 24 provinces in Vietnam that can be explained by the quality of provincial public governance (such as the costs of new business entry, land access, and private sector development policies). Our results suggest that corruption may harm economic growth because it favors the state sector at the expense of the private sector and that improving the quality of local public governance can help to mitigate corruption and stimulate economic growth.
URI: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1600620
http://dspace.agu.edu.vn:8080/handle/agu_library/12583
Appears in Collections:Economic development

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