Advanced
Please use this identifier to cite or link to this item: https://digital.lib.ueh.edu.vn/handle/UEH/55291
Full metadata record
DC FieldValueLanguage
dc.contributor.authorSu Dinh Thanhen_US
dc.contributor.otherNguyen Minh Tienen_US
dc.date.accessioned2017-09-14T11:02:28Z-
dc.date.available2017-09-14T11:02:28Z-
dc.date.issued2014-
dc.identifier.issn1859 -1124-
dc.identifier.urihttp://digital.lib.ueh.edu.vn/handle/UEH/55291-
dc.identifier.urihttp://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=7456ee1f-f418-4259-ab09-09ded5b49a32-
dc.description.abstractThe impact of foreign direct imvestment (FDI) on economic growth is still a highly controversial issue as remarked by many researchers (Aitken et al.; 1997; Carkovic & Levine, 2002; Bende-Nabende et al., 2003; Durham, 2004; and Hsiao, 2006). Using a panel dataset of 43 provinces in Vietnam during 1997 – 2012 and the Granger causality test by Arellano-Bond GMM and PMG estimation, this paper shows that: (i) FDI does Granger-cause private investment, human resources, taxation, infrastructure, trade openness and local technology; (ii) FDI has a positive impacts on provincial economic growth in the long term; and (iii) FDI flows vary over provinces due to differences in geographical conditions and level of development.en_US
dc.formatPortable Document Format (PDF)en_US
dc.publisherTrường Đại học Kinh tế Tp. Hồ Chí Minhen_US
dc.relation.ispartofJournal of Economic Developmenten_US
dc.relation.ispartofseriesJED, No. 221en_US
dc.subjectFDIen_US
dc.subjectEconomic growthen_US
dc.subjectGMM methoden_US
dc.subjectPMG methoden_US
dc.titleImpact of FDI on provincial economic growth in Vietnamen_US
dc.typeJournal Articleen_US
dc.relation.referenceAitken,B., G.H. Hanson & A.E. Harrison (1997), “Spillovers, Foreign Investment,and Export Behavior”, Journal of International Economics, 43: 103-132.en_US
dc.relation.referenceAitken,B., A. Harrison & R.E. Lipsey (1996), “Wages and Foreign Ownership: AComparative Study of Mexico, Venezuela and the United States”, Journal ofInternational Economics, 40: 345-371en_US
dc.relation.referenceAncharaz,V.D. (2003), “Determinants of Trade Policy Reform in Sub-Saharan Africa”, Journalof African Economics, 12(3): 417-443.en_US
dc.relation.referenceAnwar,S. & Nguyen Lan Phi (2010), “Foreign Direct Investment and Economic Growthin Vietnam”, Asia Pacific Business Review, 16(1-2): 183-202.en_US
dc.relation.referenceAnwar,S. & Nguyen Lan Phi (2011), “Foreign Direct Investment and Export Spillovers:Evidence from Vietnam”, International Business Review, 20(2): 177-193.en_US
dc.relation.referenceAsiedu,E. (2002) “On the Determinants of Foreign Direct Investment to DevelopingCountries: Is Africa Different?”, World Development, 30(1): 107-119.en_US
dc.relation.referenceBalasubramanyam,V. N., M. Salisu & D. Sapsford (1996), “Foreign Direct Investment andGrowth in EP and IS Countries”, The Economic Journal, 106(434): 92-105en_US
dc.relation.referenceBarro,R. & Sala-i-Martin, X. (2004), Economic Growth (2nd ed.), Cambridge,Massachusetts: The MIT Press, London, England.en_US
dc.relation.referenceBarro,R.J (1990), “Government Spending in a Simple Model of Endogenous Growth”, TheJournal of Political Economy, 98(5): S103-125.en_US
dc.relation.referenceBende-Nabende,A.J., J.L. Ford, B. Santoso & S. Sen (2003), “The Interaction between FDI,Output and the Spillover Variables: Cointegration and VAR Analyses for APEC,1965-1999”, Applied Economics Letters, 10(3): 165-172.en_US
dc.relation.referenceBlankenau,W.F. & N.B. Simpson (2004),“Public EducationExpenditures and Growth”, Journal of Development Economics, 73(2):583-605.en_US
dc.relation.referenceBlomstrom,M. & A. Kokko (1998), “Multinational Corporations and Spillovers”, Journalof Economic Surveys, 12(2): 247-277.en_US
dc.relation.referenceBose,N., M. E. Haque & D. R. Osborn (2007), “Public Expenditure and EconomicGrowth: A Disaggregated Analysis for Developing Countries”, ManchesterSchool, 75(5): 533-556.en_US
dc.relation.referenceBuckley,P.J. & M. Casson (1976), The Future of the Multinational Enterprise,London: Macmillan.en_US
dc.relation.referenceCarkovic,M. & R. Levine (2002), “Does Foreign Direct Investment Accelerate EconomicGrowth?” U. of Minnesota Department of Finance Working Paper, available atSSRN: http://ssrn.com/abstract=314924 or http://dx.doi.org/10.2139/ssrn.314924en_US
dc.relation.referenceCaves,R. E. (1971), “International Corporations: The Industrial Economics of ForeignInvestment”, Economica, 38(149): 1-27.en_US
dc.relation.referenceDunning,J. (1973), “The Determinants of International Production”, Oxford EconomicPapers, 25(3): 289-336.en_US
dc.relation.referenceDurham,B.J. (2004), “Absorptive Capacity and the Effects of Foreign Direct Investmentand Equity Foreign Portfolio Investment on Economic Growth”, EuropeanEconomic Review, 48(2): 285-306.en_US
dc.relation.referenceFriedman,M. (1977), “Nobel Lecture: Inflation and Unemployment”, Journal of PoliticalEconomy, 85(3): 451-472.en_US
dc.relation.referenceGrossman,G. M. & E. Helpman (1991), “Trade, Knowledge Spillovers, and Growth”, EuropeanEconomic Review, 35(2-3): 517-26.en_US
dc.relation.referenceHaddad,M. & A. Harrison (1993), “Are There Positive Spillovers from Direct ForeignInvestment? Evidence from Panel Data for Morocco”, Journal of DevelopmentEconomics, 42: 51-74.en_US
dc.relation.referenceHoltz-Eakin,D., W. Newey & H. S. Rosen (1988), “Estimating Vector Auto Regressions withPanel Data”, Econometrica, 56(6): 1371-1395.en_US
dc.relation.referenceHsiao,F.S.T & M.W. Hsiao (2006), “FDI, Exports, and GDP in East and SoutheastAsia-Panel Data versus Time-Series Causality Analyses”, Journal of AsianEconomics, 17(6): 1082-1106.en_US
dc.relation.referenceHymer,S. (1976), (originally written in 1960), The International Operations ofNational Firms: A Study of Foreign Direct Investment, PhD dissertation,Massachusetts Institute of Technology: MIT Press.en_US
dc.relation.referenceJin, J. & H. Zou (2005), “FiscalDecentralization, Revenue and Expenditure Assignments, and Growth in China”, Journalof Asian Economics, 16(6): 1047-1064en_US
dc.relation.referenceJudson,R.A. & A.L. Owen. (1999), “Estimating Dynamic Panel Data Models: APractical Guide for Macroeconomists”, Federal Reserve Board of Governors,65(1): 9-15.en_US
dc.relation.referenceKarikari,J.A. (1992), “Causality between Direct Foreign Investment and Economic Outputin Ghana”, Journal of Economic Development, 17(1): 7-17.en_US
dc.relation.referenceKindleberger,C.P (1969), American Business Abroad, New Haven, Yale University Press.en_US
dc.relation.referenceKrogstrup,S. & L. Matar (2005), “Foreign Direct Investment, Absorptive Capacity andGrowth in the Arab World”, Economics HEI Working Paper No.02/2005.en_US
dc.relation.referenceLeThanh Thuy (2007), “Does FDI Have anImpact on the Growth in Labor Productivity of Vietnamese Domestic Firms?”,RietiDiscussion Paper Series 07-E-021.en_US
dc.relation.referenceLi,X. & X. Liu (2005), “Foreign Direct Investment and Economic Growth: AnIncreasingly Endogenous Relationship”, World Development, 33(3):393-407.en_US
dc.relation.referenceLim,L. & M. McAleer (2002), “Economic Growth and Technological Catching up bySingapore to the USA”, Mathematics and Computers in Simulation, 59(1-3):133-141.en_US
dc.relation.referenceLiu,Y. (2012), Foreign Direct Investment in China: Interrelationship betweenRegional Economic Development and Location Determinants of Foreign DirectInvestment, PhD dissertation, University of Western Sydney.en_US
dc.relation.referenceLucas,R.E. (1988), “On the Mechanism of Economic Development”, Journal of MonetaryEconomies, 22: 3-42.en_US
dc.relation.referenceLumbila,K.N. (2005), “What Makes FDI Work? A Panel Analysis of the Growth Effect of FDIin Africa”, Africa region Working Paper Series no. 80.en_US
dc.relation.referenceMacDougall,G.D.A. (1960), “The Benefits and Costs of Private Investment from Abroad:Atheoretical Approach”, Economic Record, 36: 13-35.en_US
dc.relation.referenceMakki, S. S. & A. Somwaru (2004), “Impactof Foreign Direct Investment and Trade on Economic Growth: Evidence fromDeveloping Countries”, American Journal of Agricultural Economics,86(3): 795-801.en_US
dc.relation.referenceNguyễn Mại (2003), “FDI và tăng trưởng kinh tế ViệtNam”, Đầu tư, Dec. 24, 2003.en_US
dc.relation.referenceNguyenThi Phuong Hoa (2004), Foreign Direct Investment and Its Contributions toEconomic Growth and Poverty Reduction in Vietnam (1986-2001), Peter Lang,Frankfurt.en_US
dc.relation.referenceNguyễnThị Tuệ Anh (2006), Tác động của FDI tới tăng trưởng kinh tế ở VN, Sidaprojection.en_US
dc.relation.referenceNguyen Dinh Chien & K.Z. Zhang (2012), “FDIof Vietnam; Two-Way Linkages between FDI and GDP, Competition among Provincesand Effects of Laws”, IBusiness, 4(2): 157-163.en_US
dc.relation.referenceNguyen Dinh Chien &Ho Tu Linh (2013), “Is There Strong Bidirectional Causality between FDI andEconomic Growth? New Evidence on Vietnam”, Journal of TransformativeEntrepreneurship, 1(1): 25-38.en_US
dc.relation.referenceOECD(2002), Foreign Direct Investment for Development: Maximising Benefits,Minimising Costs: An Overview, Paris, France.en_US
dc.relation.referencePesaran,M.H., Y. Shin & R.P. Smith (1999), “Pooled Mean Group Estimation of DynamicHeterogeneity Panels”, Journal of American Statistical Association,94(446): 621-634.en_US
dc.relation.referencePesaran, M.H. & R. Smith (1995), ”EstimatingLong-Run Relationships from Dynamic Heterogeneous Panels”, Journal ofEconometrics, 68(1): 79-113.en_US
dc.relation.referencePirotte,A. (1999), “Convergence of the Static Estimation toward the Long-Run Effects ofDynamic Panel Data Models”, Economics Letters, 63(2): 151-158.en_US
dc.relation.referenceRodrik, D. (1992), “The Limits of Trade thePolicy Reform in Developing Countries”, Journal of Economic Perspective,6(1): 87-105.en_US
dc.relation.referenceRomer,P. M. (1986), “Increasing Returns and Long Run Growth”, The Journal ofPolitical Economy, 94(5): 1002-1037.en_US
dc.relation.referenceSjöholm,F. (1999),“ProductivityGrowth in Indonesia: The Role of RegionalCharacteristics and Direct ForeignInvestment”,Economic Development andCultural Change, 47: 559-584en_US
dc.relation.referenceSun,X. (2002), “Foreign Direct Investmentand Economic Development: What Do the States Need to Do?”,presented at Capacity Development Workshops sponsored by the United Nations,Marrakech, Morocco, December 10-13, 2002.en_US
dc.relation.referenceTiwari,A.K. & M. Mutascu (2011), “Economic Growth and FDI in ASIA: A Panel DataApproach”, Economic Analysis & Policy, 41(2): 173-187.en_US
dc.relation.referenceVernon,R. (1966), “International Investment and International Trade in the ProductCycle”, The Quarterly Journal of Economics, 80(2): 90-207.en_US
dc.relation.referenceYanikkaya,H. (2003), “Trade Openness and Economic Growth: A Cross-Country EmpiricalInvestigation”, Journal of Development Economics, 72: 57-89.en_US
dc.relation.referenceYao,S. & K. Wei (2007), “Economic Growth in the Presence of FDI: The Perspectiveof Newly Industrialising Economies”, Journal of Comparative Economies,35(1): 211-234.en_US
dc.relation.referenceZhang, T. & H. Zou (1998), “FiscalDecentralization, Public Spending and Economic Growth in China”, Journal ofPublic Economic, 67: 221-240.en_US
dc.identifier.doihttp://doi.org/10.24311/jed/2014.221.01-
dc.format.firstpage65en_US
dc.format.lastpage84en_US
item.cerifentitytypePublications-
item.openairetypeJournal Article-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.grantfulltextnone-
item.fulltextOnly abstracts-
Appears in Collections:JABES in English
Show simple item record

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.