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Current Issue

Journal Cover
Vol. 14 No. 1 (2012)
Home » Vol. 14 No. 1 (2012) » Article Detail
VOL. 14 NO. 1 (2012) DOI: 10.33301/2012.14.01.03

Determinants of Firm Growth in the Vietnamese Commercial-Service Sector

Authors: Nguyen Thi Nguyet

Abstract:

Employing the dynamic panel model, this study tests the validity of Gibrat’s law and investigates determinants of firm growth in Vietnam. The empirical study is set up for both simple and multiple regressions with the data of the commercial-service sector. The balanced panel dataset used in this paper is abstracted from the National Census of Vietnamese Enterprises during the period 2000-2007. Applying the system GMM estimator to control unobserved heterogeneity and endogeneity, the findings imply that Gibrat’s Law should be rejected. The results confirm the sen- sitivity of the growth-size relationship to firm attributes. Besides, firm size and labor quality are the main determinants of firm growth.
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Other Articles in this Issue:

  • Determinants of Stock Market Development in Southeast Asian Countries

    Authors: Phan Dinh Nguyen, Vo Thi Ha Hanh

  • Entry Mode of MNEs in Vietnam: An Eclectic Model of The Choice Between International Joint Ventures and Wholly Owned Subsidiaries

    Authors: Vu Manh Chien, Phan Thanh Tu

  • The Knowledge Creation Organization: The Case of Alphanam

    Authors: Nguyen Ngoc Thang

  • Issues in the Balanced Scorecard Implementation: A Vietnamese Case Study

    Authors: Mai Xuan Thuy

  • Disclosure Quality of Goodwill Impairment Testing: A Disclosure Index

    Authors: Khairil Faizal Khairi, Nur Hidayah Laili, Dung Manh Tran

JOURNAL OF ECONOMICS AND DEVELOPMENT - NATIONAL ECONOMICS UNIVERSITY
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ISSN: 1859-0012 (Print) | e-ISSN: 2815-5602 (Online)
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