Publication:
The relationships between foreign direct investment, export and economic growth
The relationships between foreign direct investment, export and economic growth
No Thumbnail Available
Files
Date
2021
Authors
Duy Thuc Nguyen
Luu Cuong Tran
Thi Ngoc Han Bui
Thi Thanh Thuy Ngo
Thi Le Hang Nguyen
Journal Title
Journal ISSN
Volume Title
Publisher
Research Projects
Organizational Units
Journal Issue
Abstract
This study aims to examine the causal relationship between foreign direct investment, exports and economic growth in Dong Nai province, Vietnam from 1999 to 2019. The study uses several economic models such as Vector Auto Regression - VAR (p), Vector Error Correction Model (VECM) and Granger causality tests to evaluate relationships between research model variables. The results show that foreign direct investment and exports have the positive effects on Gross Regional Domestic Product (GRDP). Therefore, this study recommends some policy implementation to simulate the foreign direct investment. Particularly, the policy makers in Dong Nai province should be aware of the role of foreign direct investment and export incentive policies, which is an important driving force for the socio-economic development of Dong Nai province, Vietnam.
Description
Keywords
"Foreign direct investment,
Export,
Economic growth,
Dong Nai,
Vietnam"