THE EFFECT OF FDI ON PRIVATE INVESTMENT IN THE SOUTHEAST REGION OF VIETNAM
The Southeast region of Vietnam is the most dynamic economic area of the country and contributes the most to state budget revenue. Every year, this area attracts a high volume of foreign direct investment (FDI) inflows with the establishment of more industrial zones, export processing zones, and hig...
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| Format: | Article |
| Language: | English |
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Dalat University
2020-12-01
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| Series: | Tạp chí Khoa học Đại học Đà Lạt |
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| Online Access: | http://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/765 |
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| author | Nguyễn Văn Bổn |
| author_facet | Nguyễn Văn Bổn |
| author_sort | Nguyễn Văn Bổn |
| collection | DOAJ |
| description | The Southeast region of Vietnam is the most dynamic economic area of the country and contributes the most to state budget revenue. Every year, this area attracts a high volume of foreign direct investment (FDI) inflows with the establishment of more industrial zones, export processing zones, and high technology parks. Do FDI inflows into this area crowd out/in private investment? This study uses the general method of moments (GMM) Arellano-Bond estimator to empirically investigate the effect of FDI inflows on private investment in the Southeast region from 2005 to 2018. The FE-IV estimator is employed to check the robustness of the estimates. The results show that FDI inflows crowd in private investment in this area. In addition, inflation increases private investment but infrastructure decreases it. The findings in this study provide some crucial policy implications for local governments in the Southeast region to attract more FDI inflows and stimulate more private investment. |
| format | Article |
| id | doaj-art-94eee3a43d794888906aa1831c5676ba |
| institution | Kabale University |
| issn | 0866-787X 0866-787X |
| language | English |
| publishDate | 2020-12-01 |
| publisher | Dalat University |
| record_format | Article |
| series | Tạp chí Khoa học Đại học Đà Lạt |
| spelling | doaj-art-94eee3a43d794888906aa1831c5676ba2025-02-02T03:23:17ZengDalat UniversityTạp chí Khoa học Đại học Đà Lạt0866-787X0866-787X2020-12-01104324210.37569/DalatUniversity.10.4.765(2020)343THE EFFECT OF FDI ON PRIVATE INVESTMENT IN THE SOUTHEAST REGION OF VIETNAMNguyễn Văn Bổn0University of Finance Marketing (UFM)The Southeast region of Vietnam is the most dynamic economic area of the country and contributes the most to state budget revenue. Every year, this area attracts a high volume of foreign direct investment (FDI) inflows with the establishment of more industrial zones, export processing zones, and high technology parks. Do FDI inflows into this area crowd out/in private investment? This study uses the general method of moments (GMM) Arellano-Bond estimator to empirically investigate the effect of FDI inflows on private investment in the Southeast region from 2005 to 2018. The FE-IV estimator is employed to check the robustness of the estimates. The results show that FDI inflows crowd in private investment in this area. In addition, inflation increases private investment but infrastructure decreases it. The findings in this study provide some crucial policy implications for local governments in the Southeast region to attract more FDI inflows and stimulate more private investment.http://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/765fdife-iv estimatorgmm estimatorprivate investmentsoutheast region of vietnam. |
| spellingShingle | Nguyễn Văn Bổn THE EFFECT OF FDI ON PRIVATE INVESTMENT IN THE SOUTHEAST REGION OF VIETNAM Tạp chí Khoa học Đại học Đà Lạt fdi fe-iv estimator gmm estimator private investment southeast region of vietnam. |
| title | THE EFFECT OF FDI ON PRIVATE INVESTMENT IN THE SOUTHEAST REGION OF VIETNAM |
| title_full | THE EFFECT OF FDI ON PRIVATE INVESTMENT IN THE SOUTHEAST REGION OF VIETNAM |
| title_fullStr | THE EFFECT OF FDI ON PRIVATE INVESTMENT IN THE SOUTHEAST REGION OF VIETNAM |
| title_full_unstemmed | THE EFFECT OF FDI ON PRIVATE INVESTMENT IN THE SOUTHEAST REGION OF VIETNAM |
| title_short | THE EFFECT OF FDI ON PRIVATE INVESTMENT IN THE SOUTHEAST REGION OF VIETNAM |
| title_sort | effect of fdi on private investment in the southeast region of vietnam |
| topic | fdi fe-iv estimator gmm estimator private investment southeast region of vietnam. |
| url | http://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/765 |
| work_keys_str_mv | AT nguyenvanbon theeffectoffdionprivateinvestmentinthesoutheastregionofvietnam AT nguyenvanbon effectoffdionprivateinvestmentinthesoutheastregionofvietnam |