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Effect of Interest Rate Subsidies on Firm Performance and Investment Behavior during Economic Recession: Evidence from Vietnam

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  • Tuan-Minh Dinh
  • Edmund Malesky
  • Trung-Thanh To
  • Duc-Thanh Nguyen

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  • Tuan-Minh Dinh & Edmund Malesky & Trung-Thanh To & Duc-Thanh Nguyen, 2013. "Effect of Interest Rate Subsidies on Firm Performance and Investment Behavior during Economic Recession: Evidence from Vietnam," Asian Economic Journal, East Asian Economic Association, vol. 27(2), pages 185-207, June.
    • Handle: RePEc:bla:asiaec:v:27:y:2013:i:2:p:185-207
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    References listed on IDEAS

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    1. Dailami, Mansoor & Han Kim, E., 1995. "The effects of debt subsidies on corporate investment behavior: The Korean experience," Pacific-Basin Finance Journal, Elsevier, vol. 3(1), pages 137-137, May.
    2. Guido W. Imbens & Jeffrey M. Wooldridge, 2009. "Recent Developments in the Econometrics of Program Evaluation," Journal of Economic Literature, American Economic Association, vol. 47(1), pages 5-86, March.
    3. Gale, William G., 1990. "Federal lending and the market for credit," Journal of Public Economics, Elsevier, vol. 42(2), pages 177-193, July.
    4. N. Gregory Mankiw, 1986. "The Allocation of Credit and Financial Collapse," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(3), pages 455-470.
    5. Gale, William G, 1991. "Economic Effects of Federal Credit Programs," American Economic Review, American Economic Association, vol. 81(1), pages 133-152, March.
    6. Bruce D. Smith & Michael J. Stutzer, 1989. "Credit Rationing and Government Loan Programs: A Welfare Analysis," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 17(2), pages 177-193, June.
    7. Grazia Rapisarda & Eleonora Patacchini & University of Southampton, 2003. "A Study of the Effectiveness of Credit Subsidies: Evidence from a Panel of Italian Firms," Economics Series Working Papers 153, University of Oxford, Department of Economics.
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    Cited by:

    1. Vuong, Quan-Hoang, 2017. "The Vietnamese financial economy: reforms and development, 1986-2016," OSF Preprints g7e6t, Center for Open Science.
    2. Bertoni, Fabio & Martí, Jose & Reverte, Carmelo, 2019. "The impact of government-supported participative loans on the growth of entrepreneurial ventures," Research Policy, Elsevier, vol. 48(1), pages 371-384.

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