Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/177776 
Year of Publication: 
2018
Series/Report no.: 
ARTNeT Working Paper Series No. 179
Publisher: 
Asia-Pacific Research and Training Network on Trade (ARTNeT), Bangkok
Abstract: 
This paper examines the effect of corruption on the business environment in Viet Nam. Our survey of firms operating in Viet Nam suggests that corruption is perceived as the most severe business constraint for their operation. Also, corruption has a significant negative association with the overall satisfaction of the business environment in Viet Nam. Such results support the hypothesis that corruption has a "sand the wheel" effect on firms' business activities. While this paper sheds light on the importance of corruption, it would be useful to conduct follow-up studies to examine corruption and its impact in more detail. Such studies could be conducted in those segments that most severely suffer from corruption according to our survey, i.e., medium-sized enterprises, hotel/restaurant and construction sectors, Hanoi based, and Vietnamese owned firms.
Subjects: 
business environment
business constraint
corruption
Viet Nam
JEL: 
H11
L20
Document Type: 
Working Paper

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