Abstract
Using two waves (2013, 2015) of the Micro, Small, and Medium sized Enterprises (MSMEs) survey of Vietnamese manufacturing firms, this paper first explores what drives firms' decision to have a domestic standards certificate, taking into account a rich number of factors related to the cost and expected benefits of certification as well as institutional factors. It further explores the presence of a positive and significant effect of domestic certificates on firm growth, testing whether these serve as signalling devices for desirable attributes under information asymmetry.
Original language | English |
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Pages (from-to) | 1351-1372 |
Number of pages | 22 |
Journal | Journal of Development Studies |
Volume | 57 |
Issue number | 8 |
DOIs | |
Publication status | Published - 3 Aug 2021 |
Externally published | Yes |
JEL classifications
- l15 - "Information and Product Quality; Standardization and Compatibility"
- o32 - Management of Technological Innovation and R&D