Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/126313 
Autor:innen: 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
WIDER Working Paper No. 2015/038
Verlag: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Zusammenfassung: 
This paper examines the relationship between formalization and firm-level outcomes in Vietnam using a unique panel dataset. Results show that switching firms differ from informal nonswitching firms, confirming heterogeneity. We also find that becoming formal leads to increased profits, value added, and revenue. The performance of switching firms is higher than that of informal ones, but remains lower compared to non-switching formal firms. Our results suggest that the benefits of formalization materialize in the short term and persist over time. These benefits run through access to improved equipment, larger customer base, advertising, and business association membership, but not access to credit.
Schlagwörter: 
benefits of formalization
informal sector
JEL: 
D21
O12
O17
Persistent Identifier der Erstveröffentlichung: 
ISBN: 
978-92-9230-923-7
Dokumentart: 
Working Paper

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