Firm Growth and Corruption: Empirical Evidence from Vietnam
成果类型：
Article
署名作者：
Bai, Jie; Jayachandran, Seema; Malesky, Edmund J.; Olken, Benjamin A.
署名单位：
Harvard University; Northwestern University; Duke University; Massachusetts Institute of Technology (MIT)
刊物名称：
ECONOMIC JOURNAL
ISSN/ISSBN：
0013-0133
DOI：
10.1111/ecoj.12560
发表日期：
2019
页码：
651-677
关键词：
摘要：
This article tests whether firm growth reduces corruption, using data from over 10,000 Vietnamese firms. We employ instrumental variables based on growth in a firm's industry in other provinces within Vietnam and in China. We find that firm growth reduces bribes as a share of revenues. We propose a mechanism for this effect whereby government officials' decisions about bribes are modulated by inter-jurisdictional competition. This mechanism also implies that growth reduces bribery more for more mobile firms; consistent with this prediction, we find a larger effect for firms with transferable rights to their land or operations in multiple provinces.