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’… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.