Government Support and Firm Profitability in Vietnam

Artikel

Existing studies on the linkage between government subsidies and firm financial performance often use a mean regression approach and focus mainly on developed countries. To fill the gap, this study, for the first time, considers the impact of government support activities on the profitability of manufacturing SMEs in a developing country, Vietnam. Using an unbalanced panel dataset covering the period 2009-2015, government financial supports show an insignificant linkage with firm profitability when using OLS. However, a fixed-effect quantile approach reveals that government financial support is negatively related for firms with low profit but is positively related for firms in the high profitability percentile. Our findings also suggest that policymakers should focus on helping start-ups instead of ineffective, informal firms.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Comparative Economic Research. Central and Eastern Europe ; ISSN: 2082-6737 ; Volume: 21 ; Year: 2018 ; Issue: 4 ; Pages: 105-120 ; Warsaw: De Gruyter

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models ; Firm Behavior: Empirical Analysis ; Intertemporal Firm Choice: Investment, Capacity, and Financing
• Thema: government support ; profitability ; quantile approach ; SMEs

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Nguyen, Thanh Minh ; Tran, Tuyen Quang ; Do, Long Thanh
• Ereignis: Veröffentlichung
• (wer): De Gruyter
• (wo): Warsaw
• (wann): 2018

Weitere Informationen

• DOI: doi:10.2478/cer-2018-0029
• Handle: http://hdl.handle.net/10419/259183
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ