Econ Transit Institut Change. 2019;1–30. | 1 wileyonlinelibrary.com/journal/ecot
Received: 4 November 2017
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Accepted: 23 October 2018
DOI: 10.1111/ecot.12210
ORIGINAL ARTICLE
Institutions for private sector development and pro-
poor growth: Evidence from Vietnam
Trung X. Hoang
1,2
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Cong S. Pham
3
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Mehmet A. Ulubaşoğlu
3
© 2019 The Authors. Economics of Transition and Institutional Change © 2019 The European Bank for Reconstruction and Development.
1
Department for Management of Science and
Technology Development, Ton Duc Thang
University, Ho Chi Minh City, Vietnam
2
Faculty of Business Administration, Ton
Duc Thang University, Ho Chi Minh City,
Vietnam
3
Deakin University, Melbourne, Australia
Correspondence
Trung X. Hoang, Ton Duc Thang University,
Ho Chi Minh City, Vietnam.
Email: hoangxuantrung@tdtu.edu.vn
Abstract
Using the Vietnam Household Living Standards Survey
2008, we explore the differences in pro-poor growth per-
formance in provinces in Vietnam according to the quality
of the provinces’ institutions that support private sector
activity. We exploit the localized and varying effect of
French colonial legacy across Vietnamese provinces to
address the endogeneity of institutions. We find strong
and robust evidence of a positive effect of good-quality
institutions that support private sector activity on pro-poor
growth and that enhanced working hours and hourly wage
and extended income from non-farm self-employment
play critical roles in this outcome.
KEYWORDS
French colonial legacy, private sector development, pro-poor growth,
Vietnam
1
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INTRODUCTION
The number of people in the world living on less than US$ 2 per day has decreased over the past three
decades. Using household survey data from 117 countries, Ravallion (2010) shows that about 1.2 bil-
lion people in the world joined the middle-class between 1990 and 2005, with about half of them
located in China and 117 million located in India. However, the bad news is that many of the ex-poor
are still positioned just above the poverty line and are still vulnerable to economic slowdowns. The
extent to which economic growth has helped the poor, as well as the sustainability of this progress, has
been the subject of extensive debate in the literature (e.g. Dollar & Kraay, 2002; Gasparini, Gutiérrez,
& Tornarolli, 2007; Ravallion & Chen, 2003; Son, 2004).