Obstacles to Economic Freedom Affecting Micro, Small, and Medium Enterprises (MSMEs) in Southeast Asian Countries

Obstacles to economic freedom such as trade obstacles, finance obstacles, taxes, and corruption affect the ability of micro, small, and medium enterprises (MSMEs) to maximize firm performance. Existing empirical studies investigating the effect of specific MSME-level obstacles to economic freedom ar...

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Main Authors: Calpito, Blaise Kent, Ocampo, Jocef Fernand, Tomas, Chyna, Valenzuela, Mary June, Calub, Renz Adrian T., Conchada, Mitzie Irene, Inocencio, Arlene B., Sobrevinas, Alellie B., Tiongco, Marites M.
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Published: Animo Repository 2021
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Online Access:https://animorepository.dlsu.edu.ph/res_aki/16
https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1009&context=res_aki
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Institution: De La Salle University
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spelling oai:animorepository.dlsu.edu.ph:res_aki-10092023-04-04T02:43:15Z Obstacles to Economic Freedom Affecting Micro, Small, and Medium Enterprises (MSMEs) in Southeast Asian Countries Calpito, Blaise Kent Ocampo, Jocef Fernand Tomas, Chyna Valenzuela, Mary June Calub, Renz Adrian T. Conchada, Mitzie Irene Inocencio, Arlene B. Sobrevinas, Alellie B. Tiongco, Marites M. Obstacles to economic freedom such as trade obstacles, finance obstacles, taxes, and corruption affect the ability of micro, small, and medium enterprises (MSMEs) to maximize firm performance. Existing empirical studies investigating the effect of specific MSME-level obstacles to economic freedom are scarce in Southeast Asian countries. Therefore, this paper focuses on analyzing and comparing the effects of these obstacles to economic freedom on the performance of MSMEs in Indonesia, Vietnam, the Philippines, and Malaysia using firm-level data from the 2015 World Bank Enterprise Survey. The methodology utilizes an ordinary least squares regression, and endogenous treatment effects regression, in determining which obstacles of economic freedom significantly affect MSME performance. Overall, it was found that trade obstacle is positively correlated to firm performance in all the countries except in Vietnam, whereas finance obstacle is negatively correlated to firm performance in all the countries except in Malaysia, whereas results were negative for taxes in the Philippines and corruption in Vietnam. 2021-11-01T07:00:00Z text application/pdf https://animorepository.dlsu.edu.ph/res_aki/16 https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1009&context=res_aki Angelo King Institute for Economic and Business Studies Animo Repository MSME Firm Performance Obstacles to Economic Freedom Southeast Asia Business Administration, Management, and Operations Entrepreneurial and Small Business Operations
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
topic MSME
Firm Performance
Obstacles to Economic Freedom
Southeast Asia
Business Administration, Management, and Operations
Entrepreneurial and Small Business Operations
spellingShingle MSME
Firm Performance
Obstacles to Economic Freedom
Southeast Asia
Business Administration, Management, and Operations
Entrepreneurial and Small Business Operations
Calpito, Blaise Kent
Ocampo, Jocef Fernand
Tomas, Chyna
Valenzuela, Mary June
Calub, Renz Adrian T.
Conchada, Mitzie Irene
Inocencio, Arlene B.
Sobrevinas, Alellie B.
Tiongco, Marites M.
Obstacles to Economic Freedom Affecting Micro, Small, and Medium Enterprises (MSMEs) in Southeast Asian Countries
description Obstacles to economic freedom such as trade obstacles, finance obstacles, taxes, and corruption affect the ability of micro, small, and medium enterprises (MSMEs) to maximize firm performance. Existing empirical studies investigating the effect of specific MSME-level obstacles to economic freedom are scarce in Southeast Asian countries. Therefore, this paper focuses on analyzing and comparing the effects of these obstacles to economic freedom on the performance of MSMEs in Indonesia, Vietnam, the Philippines, and Malaysia using firm-level data from the 2015 World Bank Enterprise Survey. The methodology utilizes an ordinary least squares regression, and endogenous treatment effects regression, in determining which obstacles of economic freedom significantly affect MSME performance. Overall, it was found that trade obstacle is positively correlated to firm performance in all the countries except in Vietnam, whereas finance obstacle is negatively correlated to firm performance in all the countries except in Malaysia, whereas results were negative for taxes in the Philippines and corruption in Vietnam.
format text
author Calpito, Blaise Kent
Ocampo, Jocef Fernand
Tomas, Chyna
Valenzuela, Mary June
Calub, Renz Adrian T.
Conchada, Mitzie Irene
Inocencio, Arlene B.
Sobrevinas, Alellie B.
Tiongco, Marites M.
author_facet Calpito, Blaise Kent
Ocampo, Jocef Fernand
Tomas, Chyna
Valenzuela, Mary June
Calub, Renz Adrian T.
Conchada, Mitzie Irene
Inocencio, Arlene B.
Sobrevinas, Alellie B.
Tiongco, Marites M.
author_sort Calpito, Blaise Kent
title Obstacles to Economic Freedom Affecting Micro, Small, and Medium Enterprises (MSMEs) in Southeast Asian Countries
title_short Obstacles to Economic Freedom Affecting Micro, Small, and Medium Enterprises (MSMEs) in Southeast Asian Countries
title_full Obstacles to Economic Freedom Affecting Micro, Small, and Medium Enterprises (MSMEs) in Southeast Asian Countries
title_fullStr Obstacles to Economic Freedom Affecting Micro, Small, and Medium Enterprises (MSMEs) in Southeast Asian Countries
title_full_unstemmed Obstacles to Economic Freedom Affecting Micro, Small, and Medium Enterprises (MSMEs) in Southeast Asian Countries
title_sort obstacles to economic freedom affecting micro, small, and medium enterprises (msmes) in southeast asian countries
publisher Animo Repository
publishDate 2021
url https://animorepository.dlsu.edu.ph/res_aki/16
https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1009&context=res_aki
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