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

IF 2.1 4区经济学 Q2 ECONOMICS

Economics Letters Pub Date : 2024-10-05 DOI:10.1016/j.econlet.2024.112012

Thu Thanh Luu , Duong Phuong Thao Pham

引用次数: 0

Abstract

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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地区炸弹与企业投资决策：越南战争的证据

本研究探讨了历史上的炸弹密度对越南企业投资决策的影响，尤其是对基础设施投资决策的影响。本研究采用工具变量法，探讨了炸弹密度与有形资产投资之间的因果关系。研究结果表明，炸弹密度对这些投资有重大影响，而基础设施质量和识字率则是中介因素。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Economics Letters ECONOMICS-

CiteScore

3.20

自引率

5.00%

发文量

348

审稿时长

30 days

期刊介绍： Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.