Impact of Foreign Direct Investment, Trade Openness and Economic Institutions on Growth in Emerging Countries: The Case of Vietnam

• Autorzy: Dinh Thanh Su , Phuc Canh Nguyen , Christophe Schinckus
• Języki publikacji: EN

Abstrakty

EN

This article investigates the role of economic institutions and economic openness in the growth of a specific emerging economy - Vietnam. The data from Vietnamese 63 provinces in the period of 2005-2015 have been collected to examine the influences of institutional quality on the inward FDI, trade and growth. By employing the system GMM estimators, our main findings show that, first, the combined effect of inward FDI with trade openness has a substitute effect on the economic growth while they have a positive impact taken separately. This article discusses this interesting aspect. Second, economic institutions significantly influence the combined effects of foreign direct investment with trade openness in improving economic growth. (original abstract)

Słowa kluczowe

EN

Economic institutions; Economic growth; Foreign investment; Direct investments; Open economy

PL

Instytucje ekonomiczne; Wzrost gospodarczy; Inwestycje zagraniczne; Inwestycje bezpośrednie; Gospodarka otwarta

• Czasopismo: Journal of International Studies
• Rocznik: 2019
• Tom: 12
• Numer: nr 3
• Strony: 243--264

Twórcy

autor

Dinh Thanh Su

• University of Economics Ho Chi Minh City, Vietnam

autor

Phuc Canh Nguyen

• University of Economics Ho Chi Minh City, Vietnam

autor

Christophe Schinckus

• Taylor's University, Malaysia

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Identyfikatory

DOI

10.14254/2071-8330.2019/12-3/20