Access to Preferential Loans for Poverty Reduction and Rural Development: Evidence from Vietnam

Nguyen, Lan; Nguyen, Anh Pham Hoai; Passel, Steven Van; Azadi, Hossein; Lebailly, Philippe

doi:10.1080/00213624.2018.1430953

Cited by 11 publications

(12 citation statements)

References 19 publications

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“…The proportion of total fossil fuel energy consumption in India was 68.69%, making it the world's most energy-consuming country ( Nguyen et al 2018 ).…”

Section: Discussionmentioning

confidence: 99%

Assessing the Relationship between Poverty and Economic Growth: Does Sustainable Development Goal Can be Achieved?

Zhu

Bashir

Marie

2022

Environ Sci Pollut Res

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Income inequality, poverty, and economic growth are defined as an economy's exposure to exogenous shocks arising out of poverty. The study used various econometric estimations to measure the effect of inequality and poverty on economic development during 1990 to 2016 in Vietnam. Various econometric estimation tests confirmed the presence of a long-run association between inequality and poverty, and economic growth is the matter of poverty headcount ratio in Vietnam. When we added the investment-to-GDP ratio and the number of years in education, it decreases by -0.144. This is reduced to -0.05 when log population growth rate was added while the employment, the coefficient decreases to -0.04 and becomes statistically insignificant. We found a negative impact of poverty and we reassess the hypothesis's emphasis on inequality and poverty and their combining effect of inclusive economic growth. Interestingly our results verify the previous findings that inequality and poverty show a negative impact on economic growth. The negative impact of poverty and inequality on economic growth appears to be concentrated at the high poverty level. These findings recommend that poverty reduction policies should be beneficial in encouraging economic growth even if they do not decrease income inequality.

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“…The proportion of total fossil fuel energy consumption in India was 68.69%, making it the world's most energy-consuming country ( Nguyen et al 2018 ).…”

Section: Discussionmentioning

confidence: 99%

Assessing the Relationship between Poverty and Economic Growth: Does Sustainable Development Goal Can be Achieved?

Zhu

Bashir

Marie

2022

Environ Sci Pollut Res

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“…Thus, we suspect if, in some cases, especially in a developing country like Vietnam where corruption has remained widespread and financial markets have been underdeveloped (e.g. Nguyen et al, 2018;Van Vu et al, 2018), there exists a connection between corruption and a firm's financing accessibility. This brings the motivation for us to investigate the impact of corruption on financing structure.…”

Section: Introductionmentioning

confidence: 99%

Corruption and SME financing structure: the case of Vietnamese manufacturing

Phan

Archer

2020

JED

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PurposeCorruption has been evidenced as one of the major factors that drive a firm's dynamics and growth. This study examines the relationship between corruption and financing structure decisions of small and medium-sized enterprises (SMEs) in Vietnam.Design/methodology/approachThe authors use a longitudinal data set from the Vietnam's SME Survey in the period 2007–2013 and adopt the two-stage least squares method to deal with endogeneity.FindingsAfter controlling for endogeneity and firm heterogeneity, the authors find that, overall, corruption does significantly affect the decisions of financing sources. Given that, corruption increases the use of informal debt and decreases the levels of formal debt, owner's equity and retained earnings.Practical implicationsThe findings suggest implications for corruption-combating actions and policies.Originality/valueDifferent from previous studies that either provide evidence of government corruption and a firm's capital structure at the country level or focus on corruption and debt only, we deliver a more comprehensive analysis on the nexus between corruption and various financing sources.

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“…In Table 1, we also present three instrumental variables to deal with the endogeneity problem surrounding formality and firm-level investments. Other control variables including firm characteristics (debt ratio, firm age, firm size, networking), owner characteristics (gender, age, educational level), and provincial competitiveness index are added in our analysis of investments (Nguyen et al, 2018b;Rand and Torm, 2012).…”

Section: Variablesmentioning

confidence: 99%

Formality and investments: Evidence of Vietnamese SMEs

Phan¹,

Hien²

2021

Int. j. adv. appl. sci.

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Business formality is considered a key driver in the development of the private sector in developing countries, which can contribute to enhancing the capacity and competitiveness of firms. The purpose of this paper is to investigate the impact of formality on investments of small and medium-sized enterprises (SMEs) in Vietnam. Different from previous work, we apply a two-stage method with random-effects Probit and Tobit regressions to control for endogeneity surrounding formality and investments. Results show that formality measured by having a tax code fosters all types of investments. However, formality proxied by having a full set of business registration documents decreases total and fixed investments but increases non-fixed investments. Our findings suggest that relaxing complex procedures, enhancing the knowledge of the owner, and improving the ease of doing business play a crucial role in the formalization of Vietnamese SMEs.

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Access to Preferential Loans for Poverty Reduction and Rural Development: Evidence from Vietnam

Cited by 11 publications

References 19 publications

Assessing the Relationship between Poverty and Economic Growth: Does Sustainable Development Goal Can be Achieved?

Assessing the Relationship between Poverty and Economic Growth: Does Sustainable Development Goal Can be Achieved?

Corruption and SME financing structure: the case of Vietnamese manufacturing

Formality and investments: Evidence of Vietnamese SMEs

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