The Impact of Governance and Transparency on Firm Investment in Vietnam

Published on 16 October 2015

A large literature asserts a causal relationship between the quality of economic governance and economic performance. However, attempts to establish such a link at an aggregate level have met with considerable methodological criticism. This paper seeks to overcome this limitation. The authors match a panel of Vietnamese enterprises from 2006 to 2010 with a unique panel dataset measuring sub-national economic governance to estimate a relationship between local governance and private investment.


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Neil McCulloch

Honorary Associate

Publication details

Malesky, E., McCulloch, N. and Nguyen, D.N.
Economics of Transition, volume 23, issue 4


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