Regional bombs and firm investment decisions: Evidence from the Vietnam War

被引:0
|
作者
Luu, Thu Thanh [1 ]
Pham, Duong Phuong Thao [1 ]
机构
[1] Univ Econ Ho Chi Minh City, Ho Chi Minh City, Vietnam
关键词
Bombs; Firm investment; Vietnam war;
D O I
10.1016/j.econlet.2024.112012
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examines the impact of historical bomb density on the investment decisions of Vietnamese firms, particularly in infrastructure. Employing an instrumental variable approach, this study examines the causal relationship between bomb density and tangible asset investments. The findings indicate that bomb density significantly influences these investments, with infrastructure quality and literacy rates as mediating factors.
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页数:5
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