Minimum Wages and Firm Productivity: Evidence from Vietnamese Manufacturing Firms

2019 ◽  
Vol 33 (3) ◽  
pp. 560-572
Author(s):  
Dong Xuan Nguyen
2000 ◽  
Vol 38 (1) ◽  
pp. 11-44 ◽  
Author(s):  
James R Tybout

The manufacturing sectors of developing countries have traditionally been relatively protected. They have also been subject to heavy regulation, much of which has favored large firms. Accordingly, it is often argued that in these countries: (1) markets tolerate inefficient firms, so cross-firm productivity dispersion is high; (2) small groups of entrenched oligopolists exploit monopoly power in product markets; and (3) many small firms are unable or unwilling to grow, so important scale economies go unexploited. Drawing on plant and firm level studies, I assess each of these conjectures and find none to be systematically supported. However, many open issues remain.


2017 ◽  
Vol 44 ◽  
pp. 27-50 ◽  
Author(s):  
Rebecca Riley ◽  
Chiara Rosazza Bondibene

Author(s):  
Ama Baafra Abeberese ◽  
Charles Godfred Ackah ◽  
Patrick Opoku Asuming

Abstract One of the commonly cited obstacles to firms’ operations in developing economies is inadequate access to electricity. This paper explores the impact of electricity outages on firm productivity using arguably exogenous variation in outages, induced by an electricity rationing program, across small and medium-sized Ghanaian manufacturing firms. The results indicate that eliminating outages in this setting could lead to an increase in firm productivity. Further analyses of the strategies firms use to cope with outages show that changing the firm's product mix to favor less electricity-intensive products mitigates the negative impacts of outages on productivity. However, using a generator, a common strategy in many parts of the world, is unable to insulate firms from the negative impacts of outages on productivity.


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