Firm Entry, Exit and Suspension : Evidence from Household Businesses in Vietnam (English)

Household businesses make up the majority of firms in developing economies. This paper uses a novel tax census database that covers the universe of tax-registered household businesses to analyze the entry and exit of owner-operated firms in Vietnam during January 2018 to August 2020. It documents new stylized facts about the survival dynamics of informal businesses. First, the entry and exit rates were about 5-6 percent a year for tax-registered household...
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Islamaj,Ergys; Le,Duong Trung; Pham,Thanh Minh.

Firm Entry, Exit and Suspension : Evidence from Household Businesses in Vietnam (English). Policy Research working paper ; no. WPS 10223; COVID-19 (Coronavirus) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099919311042234092

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