265 MSEs were interviewed. The study focuses on the 105 manufacturing firms that responded to all questions. It examines …’ attributes and firms’ characteristics. The results reveal that MSEs’ growth potential is negatively affected by limited access to …

Based on a unique panel dataset consisting of both formal and informal firms surveyed every other year from 2005 to … 2013, this paper explores the benefits of formalization to the government and firm employees in Vietnam. We find that … formalization benefits the government by increasing the amount and the likelihood of tax payments. Formalization also increases the …

This paper examines the relationship between formalization and firm-level outcomes in Vietnam using a unique panel … dataset. Results show that switching firms differ from informal nonswitching firms, confirming heterogeneity. We also find … that becoming formal leads to increased profits, value added, and revenue. The performance of switching firms is higher …

of informality in Latin America. A new survey of micro and small firmsenables us to control for a rich set of measures of …

find little evidence for most of the channels through which formalization is hypothesized to benefit firms, although …The majority of firms in most developing countries are informal. We conducted a field experiment in Sri Lanka which … provided incentives for informal firms to formalize. Offering only information about the registration process and reimbursement …

test which government actions work in getting informal firms to register. Firms were randomized to a control group or one …, and a significant but small increase in formalization from inspections. Our LATE estimates of the impact of actually … results show most informal firms won't formalize unless forced to do so, suggesting formality offers little private benefit to …

Based on a unique panel dataset consisting of both formal and informal firms surveyed every other year from 2005 to … 2013, this paper explores the benefits of formalization to the government and firm employees in Vietnam. We find that … formalization benefits the government by increasing the amount and the likelihood of tax payments. Formalization also increases the …

This paper examines the relationship between formalization and firm-level outcomes in Vietnam using a unique panel … dataset. Results show that switching firms differ from informal nonswitching firms, confirming heterogeneity. We also find … that becoming formal leads to increased profits, value added, and revenue. The performance of switching firms is higher …

find little evidence for most of the channels through which formalization is hypothesized to benefit firms, although …The majority of firms in most developing countries are informal. We conducted a field experiment in Sri Lanka which … provided incentives for informal firms to formalize. Offering only information about the registration process and reimbursement …

test which government actions work in getting informal firms to register. Firms were randomized to a control group or one …, and a significant but small increase in formalization from inspections. Our LATE estimates of the impact of actually … results show most informal firms won't formalize unless forced to do so, suggesting formality offers little private benefit to …