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- W4385520160 abstract "Abstract In this paper, we use a geoadditve Bayesian stochastic frontier analysis to empirically assess the impact of provincial-level financial development, corruption control, and their interaction on firm efficiency in Vietnam. Using panel data from more than 40,000 Vietnamese firms during 2006-2013, we find that financial development decreases firm efficiency, while corruption control promotes it. Moreover, financial development and corruption control interact positively in affecting firm efficiency. Our results imply that corruption control not only enhances firm efficiency directly by reducing unnecessary regulatory burdens, costs, and delays, but it also offsets potential inefficiencies that arise from increased financial development." @default.
- W4385520160 created "2023-08-04" @default.
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- W4385520160 date "2023-08-03" @default.
- W4385520160 modified "2023-09-30" @default.
- W4385520160 title "The impact of local financial development and corruption control on firm efficiency in Vietnam: evidence from a geoadditive stochastic frontier analysis" @default.
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- W4385520160 doi "https://doi.org/10.1007/s11123-023-00694-z" @default.
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