Interfirm Relationships and Informal Credit in Vietnam

Clicks: 3
ID: 300209
1999
Free PDF
Article Quality & Performance Metrics
Overall Quality
Not rated
Combines reader engagement with the AI quality analysis. This article has not been analysed, so there is no overall score — reader engagement is measured and shown alongside.
AI Quality Assessment
Not analyzed
Readership in this journal
Steady

Ranked #313 of 441 articles by views in the quarterly journal of economics

Most read Least read

Bar heights use a square-root scale. Only the 120 most-read articles are drawn; the journal has 441 in total.

Mint this article as an NFT
Not yet minted

Create a permanent, verifiable on-chain record of this article on the Scimatic Network. The NFT is held in your Journament account, and you can withdraw it to your own wallet at any time.

5 SUSD one-off · no wallet required
Sign in to mint
Abstract
Trading relations in Vietnam's emerging private sector are shaped by two market frictions: the difficulty of locating trading partners and the absence of legal enforcement of contracts. Examining relational contracting, we find that a firm trusts its customer enough to offer credit when the customer finds it hard to locate an alternative supplier. A longer duration of trading relationship is associated with larger credit, as is prior information gathering. Customers identified through business networks receive more credit. These network effects are enduring, suggesting that networks are used to sanction defaulting customers.
Reference Key
openalex_W3123011427 Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors John McMillan, Christopher Woodruff
Journal the quarterly journal of economics
Year 1999
DOI
10.1162/003355399556278
URL
https://doi.org/10.1162/003355399556278
Keywords Keywords not found

Citations

No citations found. To add a citation, contact the admin at info@scimatic.org

Comments

No comments yet. Be the first to comment on this article.