Le, Dao Van; Tran Quang Tuyen - In: Economia : revista da ANPEC 26 (2025) 1, pp. 67-88
Purpose This study explores the effect of local budget retention rate changes (RER) on total factor productivity (TFP) and its components in Vietnam. Design/methodology/approach The study employs a two-system generalized method of moments (GMM) estimator and data from 2012 to 2019 across all 63...