Sub-National Institutions and Firm Survival in Vietnam
Hung Doan (),
Vu Nam () and
Tien Dao Ngoc
MPRA Paper from University Library of Munich, Germany
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.
Keywords: Firm survival; Vietnam; Manufacturing; Provincial Competitiveness Index (search for similar items in EconPapers)
JEL-codes: D2 L1 O17 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:63653
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