Just a Piece of Paper? Domestic Standards Certification and Small Firm Growth in Viet Nam

E. Calza, M. Goedhuys*

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review


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 languageEnglish
Pages (from-to)1351-1372
Number of pages22
JournalJournal of Development Studies
Issue number8
Publication statusPublished - 3 Aug 2021
Externally publishedYes

JEL classifications

  • l15 - "Information and Product Quality; Standardization and Compatibility"
  • o32 - Management of Technological Innovation and R&D

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