The relationship between foreign direct investment inflow and economic growth in Vietnam: An empirical analysis
DC Field | Value | Language |
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dc.contributor.advisor | Tae Bong, KIM | - |
dc.contributor.author | LETH, UY TIEN | - |
dc.date.accessioned | 2019-10-21T07:28:53Z | - |
dc.date.available | 2019-10-21T07:28:53Z | - |
dc.date.issued | 2017-02 | - |
dc.identifier.other | 24012 | - |
dc.identifier.uri | https://dspace.ajou.ac.kr/handle/2018.oak/18948 | - |
dc.description | 학위논문(석사)--아주대학교 국제대학원 :국제통상정책학과,2017. 2 | - |
dc.description.tableofcontents | CHAPTER I INTRODUCTION 1 1.1.Background 1 1.2. Statement of problem 1 1.3. Purpose of the study 3 1.4. Significance of the study 3 1.5. Limitation of the study 4 CHAPTER II OVERVIEW OF FDI AND GDP IN VIETNAM 5 CHAPTER III LITERATURE REVIEW 11 3.1.Literature review 11 a. Theoretical literature 11 b. Empirical literature……………………………………………………………..12 3.2.Hypothesis and methodology 15 a. Hypothesis and description of variables 15 b. Empirical model 16 3.3. Methodology 17 a. Unit root test 17 b. Lag order selection 18 c. Cointegration test (Johansen test) 19 d. VECM 19 CHAPTER IV EMPIRICAL RESULT 21 4.1. Descriptive statistics of variables 21 4.2. Result of OSL test for economic growth and FDI growth………………………21 4.3. Testing for Unit root…………………………………………………………….22 4.4. Lag length criteria 23 4.5. Johansen Cointegration test 24 4.6. OLS between LNFDI and LNGDP 24 4.7. VECM result 25 4.8. Residual diagnostic test 28 CHAPTER V CONCLUSION AND RECOMMENDATION .29 5.1. Conclusion 29 5.2. Recommendation 30 BIBIOGRAPHY………………………………………………………………………… 34 APPENDICES………………………………………………………………………….. ..37 | - |
dc.language.iso | eng | - |
dc.publisher | Graduate School of International Studies Ajou University | - |
dc.rights | 아주대학교 논문은 저작권에 의해 보호받습니다. | - |
dc.title | The relationship between foreign direct investment inflow and economic growth in Vietnam: An empirical analysis | - |
dc.type | Thesis | - |
dc.contributor.affiliation | 아주대학교 국제대학원 | - |
dc.contributor.department | 국제대학원 국제통상학과 | - |
dc.date.awarded | 2017. 2 | - |
dc.description.degree | Master | - |
dc.identifier.localId | 770291 | - |
dc.identifier.url | http://dcoll.ajou.ac.kr:9080/dcollection/jsp/common/DcLoOrgPer.jsp?sItemId=000000024012 | - |
dc.subject.keyword | FDI inflow | - |
dc.subject.keyword | economic growth | - |
dc.subject.keyword | Vietnam | - |
dc.subject.keyword | VECM | - |
dc.description.alternativeAbstract | Vietnam is expected to be a promising destination for foreign capital replacing China as the world biggest manufactory. There are many researches about the relation between Foreign Direct Investment (FDI) and economic growth both in internationally and nationally. The results, however, has no concensus about this relation. This study analyses relationship between FDI inflow and economic growth in Vietnam using annual time series data from 1975 to 2015. Through VECM model and OLS method, causal linkages are found between these two variables. The main result of this study is that there exists positive causality from FDI inflow to economic growth in Vietnam both in short term and long term. The causal relationship from GDP to FDI inflow, however, hasn’t found. This outcome can be explained by the objective of FDI in Vietnam is resource-seeking or efficiency seeking, but not market seeking. The finding of this study also suggests that to take advantage of FDI spillover, Vietnam should improve the skill of labor, the management ability and the capability of applying new technology and develop the supporting industries. | - |
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