The DOI matches its Crossref record.
Interfirm Relationships and Informal Credit in Vietnam
Abstract
Trading relations in Vietnam's emerging private sector are shaped by two market frictions: the difficulty of locating trading partners and the absence of legal enforcement of contracts. Examining relational contracting, we find that a firm trusts its customer enough to offer credit when the customer finds it hard to locate an alternative supplier. A longer duration of trading relationship is associated with larger credit, as is prior information gathering. Customers identified through business networks receive more credit. These network effects are enduring, suggesting that networks are used to sanction defaulting customers.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cited by
(2000) · Cited by 5,104
Acemoglu, D., & Johnson, S. (2005) · Journal of Political Economy · doi:10.1086/432166 · Cited by 2,385
Djankov, S., Glaeser, E., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2003) · Journal of Comparative Economics · doi:10.1016/j.jce.2003.08.005 · Cited by 1,204
Trade credit, financial intermediary development and industry growth
Fisman, R., & Love, I. (2003) · The Journal of Finance · doi:10.1111/1540-6261.00527 · Cited by 1,052
What You Sell Is What You Lend? Explaining Trade Credit Contracts
Giannetti, M., Burkart, M., & Ellingsen, T. (2011) · Review of Financial Studies · doi:10.1093/rfs/hhn096 · Cited by 938
Metadata
- Authors
- McMillan, J., & Woodruff, C.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 1999-11-01
- Volume
- 114
- Issue
- 4
- Pages
- 1285-1320
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W3123011427
- Cited by
- 919
- References
- 0
- FWCI
- 84.95
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Interfirm Relationships and Informal Credit in Vietnam. https://app.cochat.ai/papers/10.1162/003355399556278
- The paper
- McMillan, J., & Woodruff, C. (1999). Interfirm Relationships and Informal Credit in Vietnam. The Quarterly Journal of Economics. https://doi.org/10.1162/003355399556278
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
