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The Effect Of Growth On Firm Survival In Vietnam


  • Nguyen Minh Ha

    () (Head of Graduate School Ho Chi Minh City Open University, Vietnam)


With the dataset of 7,962 firms in Vietnam and using the Cox proportional hazard model, the main findings are drawn that the relationship between the growth (both in employment and in assets) and the survival is positive and non-linearity, and as increasing the growth, the effect of growth on the firm survival is diminishing. In addition, we also find that the presence of the domestic private and the foreign firms can improve the survival chances, compared to the state firms; The firm size in assets and initial debt have positive relationships with firm survival; Earning before taxes over labour in year t-1 and the return on assets in year t-1 are important and have positive impacts on firm survival in year t, whereas the leverage in year t-1 has a negative impact on the probability of survival in year t for firms in Vietnam.

Suggested Citation

  • Nguyen Minh Ha, 2012. "The Effect Of Growth On Firm Survival In Vietnam," Working Papers 18, Development and Policies Research Center (DEPOCEN), Vietnam.
  • Handle: RePEc:dpc:wpaper:1812

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    Cited by:

    1. Guimarães Barbosa, Evaldo, 2016. "Determinants of Small Business Survival: The Case of Very Small Enterprises of the Traditional Manufacturing Sectors in Brazil," MPRA Paper 72304, University Library of Munich, Germany.
    2. Guimarães Barbosa, Evaldo, 2017. "Determinants of small business survival: The impacts of capital intensity and the collateral value of fixed assets," MPRA Paper 76434, University Library of Munich, Germany.
    3. repec:era:wpaper:dp-2015-72 is not listed on IDEAS
    4. repec:col:000180:015905 is not listed on IDEAS
    5. Guimarães Barbosa, Evaldo, 2016. "The relationships between, on the hand, size, growth and age of the firm and, on the other hand, small business survival – a constructive critique and a proposal of a new framework," MPRA Paper 72111, University Library of Munich, Germany.

    More about this item


    Cox; Exit; Firm; Growth; Hazard; Survival; Vietnam;


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