Sub-National Institutions and Firm Survival in Vietnam

Doan, Quang Hung and Vu, Hoang Nam and Dao, Ngoc Tien (2013): Sub-National Institutions and Firm Survival in Vietnam.

Abstract

By combining two sets of survey data - provincial competitiveness index (PCI) from VNCI-VCCI and USAID and annual enterprise census from Vietnam General Statistics Office (GSO) for the period between 2005 and 2011, we estimate the effects of sub-national institutions measured by Provincial Competitiveness Index on firm survival in Vietnam. Our results show that sub-national institutions have a positive effect on firm’s survival in both short-run and long-run. The effect, however, diminishes over time, indicating that newly entered firms are more likely to survive.

• Item Type: MPRA Paper
• Language: English
• Keywords: Firm survival, Vietnam, Manufacturing, Provincial Competitiveness Index
• Subjects: D - Microeconomics > D2 - Production and Organizations; L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O17 - Formal and Informal Sectors ; Shadow Economy ; Institutional Arrangements

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