Why do household businesses in Vietnam stay informal?

Thi Bich Tran and Hai Anh La

No wp-2018-64, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Using unbalanced panel data from the small and medium enterprise surveys in Vietnam in 2005, 2007, 2009, 2011, 2013, and 2015, this paper investigates factors associated with informality in Vietnam. We assume that household businesses, especially the top tier firms, become formal either because they perceive benefits of formalization such as an increase in the household performance, or because they want to escape bribes and harassment.

Keywords: Formal and informal; Informal sector; Household business (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (2)

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