Global financial crisis and firm activities in global value chain: case of Vietnamese firms

Autor:	Anbumozhi Venkatachalam, Shandre M. Thangavelu
Rok vydání:	2021
Předmět:	Vietnamese Level data Financial crisis Effective rate of protection language Manufacturing firms Monetary economics Business language.human_language Social policy Global value chain
Zdroj:	Journal of Social and Economic Development. 23:505-520
ISSN:	2199-6873 0972-5792
Popis:	This paper studies effects of economic shocks on the productive performance of manufacturing firms at Vietnam using the firm level data from 2004–2008. The paper also examines the effects of economic shocks on the productive performance of firms in terms of access to linkages, spillovers, and ownership structures in terms of foreign and domestic firms. The economic shocks such as global financial crisis tend to have greater impact on domestic firms and SOEs. The findings suggest that the local private enterprises did not receive positive foreign horizontal and backward spillovers from the MNEs. The results also indicate that trade policies (effective rate of protection) that protect domestic firms tend to have a negative impact on their productive performance of firms during economic crisis.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::4448191d88b4b05315af3e8446e005ea https://doi.org/10.1007/s40847-020-00135-9 Zobrazit plný text záznamu Full text from SpringerLink