The relationships between foreign direct investment, export and economic growth
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 causali...
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Growing Science
2021-01-01
|
| Series: | Accounting |
| Online Access: | http://www.growingscience.com/ac/Vol7/ac_2021_84.pdf |
| _version_ | 1798028728011325440 |
|---|---|
| author | Nguyen, Duy Thuc Tran, Luu Cuong Bui, Thi Ngoc Han Ngo, Thi Thanh Thuy Nguyen, Thi Le Hang |
| author_facet | Nguyen, Duy Thuc Tran, Luu Cuong Bui, Thi Ngoc Han Ngo, Thi Thanh Thuy Nguyen, Thi Le Hang |
| author_sort | Nguyen, Duy Thuc |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-04-11T19:13:01Z |
| format | Article |
| id | doaj.art-2894c5b47fc546479b0dcd50a4997fe3 |
| institution | Directory Open Access Journal |
| issn | 2369-7393 2369-7407 |
| language | English |
| last_indexed | 2024-04-11T19:13:01Z |
| publishDate | 2021-01-01 |
| publisher | Growing Science |
| record_format | Article |
| series | Accounting |
| spelling | doaj.art-2894c5b47fc546479b0dcd50a4997fe32022-12-22T04:07:32ZengGrowing ScienceAccounting2369-73932369-74072021-01-01761371137810.5267/j.ac.2021.3.028The relationships between foreign direct investment, export and economic growthNguyen, Duy ThucTran, Luu CuongBui, Thi Ngoc HanNgo, Thi Thanh ThuyNguyen, Thi Le HangThis 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.http://www.growingscience.com/ac/Vol7/ac_2021_84.pdf |
| spellingShingle | Nguyen, Duy Thuc Tran, Luu Cuong Bui, Thi Ngoc Han Ngo, Thi Thanh Thuy Nguyen, Thi Le Hang The relationships between foreign direct investment, export and economic growth Accounting |
| title | The relationships between foreign direct investment, export and economic growth |
| title_full | The relationships between foreign direct investment, export and economic growth |
| title_fullStr | The relationships between foreign direct investment, export and economic growth |
| title_full_unstemmed | The relationships between foreign direct investment, export and economic growth |
| title_short | The relationships between foreign direct investment, export and economic growth |
| title_sort | relationships between foreign direct investment export and economic growth |
| url | http://www.growingscience.com/ac/Vol7/ac_2021_84.pdf |
| work_keys_str_mv | AT nguyenduythuc therelationshipsbetweenforeigndirectinvestmentexportandeconomicgrowth AT tranluucuong therelationshipsbetweenforeigndirectinvestmentexportandeconomicgrowth AT buithingochan therelationshipsbetweenforeigndirectinvestmentexportandeconomicgrowth AT ngothithanhthuy therelationshipsbetweenforeigndirectinvestmentexportandeconomicgrowth AT nguyenthilehang therelationshipsbetweenforeigndirectinvestmentexportandeconomicgrowth AT nguyenduythuc relationshipsbetweenforeigndirectinvestmentexportandeconomicgrowth AT tranluucuong relationshipsbetweenforeigndirectinvestmentexportandeconomicgrowth AT buithingochan relationshipsbetweenforeigndirectinvestmentexportandeconomicgrowth AT ngothithanhthuy relationshipsbetweenforeigndirectinvestmentexportandeconomicgrowth AT nguyenthilehang relationshipsbetweenforeigndirectinvestmentexportandeconomicgrowth |