Refine your search
Collections
Co-Authors
Journals
Year
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Kapil, Sheeba
- Impact of Foreign Direct Investment on Macroeconomic Indicators:Study of Vietnam
Abstract Views :194 |
PDF Views:0
Authors
Affiliations
1 Department of Asia-African market, Ministry of Industry and Trade, VN
2 India Institutes of Foreign Trade, New Delhi, IN
1 Department of Asia-African market, Ministry of Industry and Trade, VN
2 India Institutes of Foreign Trade, New Delhi, IN
Source
Journal of IMS Group, Vol 15, No 1 (2018), Pagination: 1-38Abstract
The main purpose of this study is to assess the impact of FDI inflows on five macroeconomic indicators such as Growth Domestic Product (GDP), Exports (EXPORT), Employment (EMP), Comsumer price index (CPI) and the real Exchange rate (EXR) in Vietnam since 1991 (the first year the FDI is implemented) to 2016. The trend analysis show that there is a strong and positive impact of FDI on GDP, EXPORT. FDI also has an impact but not great on EMP, CPI and EXR of Vietnam from 1991 to 2016. From that result, the study has proposed some solutions to attract FDI effectively in time next.References
- Agosin & Mayer (2000), “Foreign investment in developing countries. Does it crowd in domestic investment?”, UNCTAD, No. 146
- Agrawal, Sanjeev and Ramaswami S.N. (1992), “Choice of Foreign market entry mode – Impacts of Ownership, location and international factors”, Journal of International Business, Vol 23, 1992, USA.
- Agrawal, P. (2000), “Economic Impact of Foreign Direct Investment in South Asia” rru.worldbank.org/Documents/PapersLinks/1111.
- Akinlo, A. E. (2004), “Foreign Direct Investment and Growth in Nigeria: An Empirical Investigation” . Journal of Policy Modeling 26, 627-639.
- Alfaro, L. (2003), “Foreign Direct Investment and Growth: Does the Sector Matter”? jobfunctions.bnet.com/abstract.aspx?docid 31261.
- Alfaro L., Chanda A., Kalemli-Ozcan S., Sayek S. (2004), “FDI and Economic Growth: The Role of Local Financial Markets”, Journal of International Economics, Vol. 64, pp.89-112.
- Alleyne D. & S. Edwards (2011), “Threshold effects in the relationship between inward foreign direct investment and import productivity growth in Latin America and the Caribbean”, United Nations Publication, ISSN 1727-9917
- Ancharaz, D. (2003), “FDI and Export performance of the Mauritian Manufacturing sector”. http://r0.unctad.org/p166/reduit2004/module6/FDI%20and%20export%performance.pdf.
- A.T. Kearney (1998, 2016), “FDI Confidence Index (2016)”, A.T. Kearney Inc.
- . Athukorala, P. and Sen, K. (1995), “Reforms and Investment in India”, http://www.ideas.org/p/wop/anuetd/9606html7k. Arumugam Rajenthran (2002), Malaysia: An overview of the legal framework for Foreign Direct Investment, Institute of Southeast Asian Studies, Singapore, ISSN 0218-8937
- . Ayanwale (2007), “FDI and Economic Growth: Evidence from Nigeria”, AERC Research Paper 165, African Economic Research Consortium, Nairobi Bai & Perron (1998), “Estimating and testing linear models with multiple structural changes”, Econometrica, 66, 47-78.
- . Baldwin, R. (1994), “the effects of Trade and Foreign direct investment on employment and relative wages”, OECD economic studies, No.23, winter 1994.
- . Bevan, A. and S.Estrin (2000), “the determinents of Foreign direct investment om transition economic s”, William Davidson Institute working paper number 342.
- . Blonigen, B. A., and Wang, M.G.( 2005), “Inappropriate Polling of Wealthy and Poor Countries in Empirical FDI Studies. In Does Foreign Direct Investment Promote Economic Development? ed. Theodore H. Moran, Edward M, Graham, and Magnus Blomström”. Washington: Institute for International Economics and Center for Global Development.
- . Borensztein E., J. De Gregorio and J. W. Lee (1998), “How Does Foreign Direct Investment Affect Economic Growth?”, Journal of International Economics, Vol. 45 (June), The USA, pp.115-135.
- . Buckley, Peter J. (1995), “Foreign direct investment and multinational enterprices”, Macmillan Press Ltd.Uk-1998.
- . Carkovic, M. and Levine, R. (2005), “Does Foreign Direct Investment Accelerate Economic Growth? in H. T. Moran, E. Graham and M. Blomstrom (eds.). Does Foreign Direct Investment Promote Development?”, Washington, DC: Institute for International Economics.
- . Caves, Richard E (1971), “International corporation – The industrial economies of foreign investment”, Economica, vol 38, 1971, New York.
- . Caves, Richard E (1996), “Multinational Enterprice and Economic analysis”, Cambridge University Press, 1996, Uk.
- . Chan K.S (1993), “Consistency and limiting distribution of the least squares estimator of a threshold autoregressive model”, The Annals of Statistics, Volume
- . Cheng & Kwan (2000), “What are the determinants of the location of foreign direct investment? The Chinese experience”, Journal of International Economics 51 (2000) 379- 400;
- . Chopra, C. (2003), “Foreign Investment in India,” Deep and Deep Publication, New Delhi, PP. 34-45, (Ist ed.).
- . Cohen, B., (1979), “The Export performance of Multinational Corporations on Mexican Industries”, Journal of Development studies, 15, 89-107.
- . Das,S. and Das,T.(2012), “ A Time Series Analysis of Impact of FDI on Economic Development in India during Post – Reforms Era”, International Journal of Management, IT & Engineering ,Vol.2,No.12, PP.529-545.
- . Demekas D. G., Horvath B., Ribakova E. (2005), “Foreign Direct Investment in Southeastern Europe: How (and How Much) can policies help?”, IMF Working Paper, June 2005.
- . Dinh Hien Minh (2010), “Beyond investment – led growth”, First report of the research on “Restructuring the Vietnam Economy through Right Investment Incentives and Improved Macro Management”, http://www.vnep.org.vn/Upload/beyond%20investment%20led-growth.pdf
- . Do Duc Binh (2010), “Restructuring of Foreign Direct Investment in Vietnam”, Journal of Economics and Development, No. 151.
- . Dunning, J.H. (1977), “The theories of the multinational enterprices – diversity complexity and relevance”, Michael A.Hill, Vol 16, 2004.
- . Dunning, J.H. (1977), “Trade, Location of economic activity and the MNE: a search for an eclectic approach, In B.
- Ohlin, P. Hesselborn, P.M. Wijkman (Eds.)”, The international allocation of economic activity: Proceedings of a Nobel Symposium held at stokhom, pp.395-418.
- . Dunning, J.H. (1993), “Multinational Enterprices and the Global economy”, Addison Wesley Publishing Company, 1993.
- . Dunning, J.H. (2001), “The eclectic (OLI) paradigm of international production past, present and future”, International Journal of the Economices of Business, 8(2) 173-190.
- . Engle, Robert F. (1982), “Autoregressive Conditional Heteroscedasticity with Estimates of the variance of United Kingdom Inflation”, Econometrics, 50, 987-1007;
- . Engle, Robert F. and Granger, Clive W.J. (1987), “Co-integration and Error Correction: Representation, Estimation and Testing”, Econometrica, vol.55, 351-276
- . Eviews 6.0 User’s Guide, 1994-2009 Quantitative Micro Software, LLC.
- . Falki N. (2009), “Impact of Foreign Direct Investment on Economic Growth in Pakistan”, International Review of Business Research Papers, Vol. 5, No. 5, pp.110 – 120, Pakistan.
- . Feridum, (2006), “The Pattern of Foreign Direct Investment and Economic Growth”, World Development, Vol.25, No. 12, PP. 1925-1936.
- . Findlay (1978), Relative Backwardness, Direct Foreign Investment, and the Transfer of Technology: A Simple Dynamic Model”, The Quarterly Journal of Economics, Vol.XCII, February, 1978 No.1
- . Ford C. T., Rork C. J, Elmslie T. B. (2008), “Foreign Direct Investment, Economic Growth and the Human Capital Threshold: Evidence from US States”, Review of International Economics, 16(1), 96-113, 2008
- . Ford, J.L, Sen, S., Wei, H. X. (2010) “A simultaneous equation model of economic growth, FDI and Government Policy in China”, Department of Economics discussion paper. pp1-48
- . Freeman N. (2002), “Foreign Investment in Vietnam: An Overview, The Workshop on Globalisation and Poverty in Vietnam”, Vietnam.
- . Freitas, M.L. and R. Mamede (2008), “The role of Foreign direct investment in the structural Transformation of Portuguese Exports between 1995 – 2005”, Boletin Mensal de Economia Fortuguesa No10.
- . Gaikwad,P.S.(2013),”The Impact of FDI on GDP in Indian Economy”, Information Management and Business Review,Vol.5,No.6,PP.411-416.
- . Globerman, steven (1999), “The impact of Government policies on Foreign direct investment- the Canadian experience”, Journal of International Business Studies, Vol 30-1999.
- . Girma, S. (2005), “Absorptive capacity and productivity spillovers from FDI: A threshold regression analysis”. Oxford Bulletin of Economics and Statistics, 67(3):281-306.
- . Granger Clive W.J. (1988), “Some Recent Developments in the concept of Causality”, Journal of Econometrics, 39, 199-211;
- . General Statictis Office of Vietnam (1991-2016), Data Statistics, https://www.gso.gov.vn/Default.aspx?tabid=706&ItemID=13412
- . Guha, A. and Ray, A.S. (2000), “Multinational Versus Expatriate FDI: A Comparative Analysis on the Chinese and India Experience”, http://icier.res.in/public/ashok.
- . Hansen, H., Rand, J. and Tarp, F. (2003), “Are FDI Inflows Complements or Substitutes across Borders: Empirical Evidence from Five Asian Countries”, http://www.hermescat, lib.cbs.dk/is/query-sh.arp.
- . Haufler Andreas and Wooton Ian. (1999), “Country size and tax competition for Foreign Direct Investment”, Journal of Public Economics, Vol 71, 1999.
- . Head & Ries, (1996), “Inter-CIty Competition for Foreign Investment: Static and Dynamic Effects of China’s Incentive Areas”, Journal of Urban Economics, Elsevier, Vol. 40(1), pp 38 – 60, July 1996.
- . Helpmen, E. (1984), “A simple theory of international trade with multinational corporations”, The Journal of Political Economy, Vol.92, No.3.
- . Herman M., Chisholm D., Leavell H. (2004), “FDI and the effects on society”, The Academy for Studies in International Business, Vol. 4, No. 1, pp. 15-18.
- . Hermes, N. and Lensink, R. (2003) “Foreign Direct Investment, Financial Development and Economic Growth”, Journal of Development Studies, 40(1): 142
- . Hussein M. (2009), “Impacts of Foreign Direct Investment on Economic Growth in the Gulf Cooperation Council (GCC) Countries”, International Review of Business Research Papers, Vol. 5, No. 3, April, pp. 362-376.
- . Herrero A.G. and Simon D.N. (2003), “Determinants and Impact of Financial Sector FDI to Emerging Economies: A Home Country’s Perspectives”, prepared for CGFS Working Group on Financial FDI, BIS Committee of the Global Financial System.
- . IMF (2004), “Definition of Foreign Direct Investment Terms”, Issues paper No.20, Direct Investment Technical Expert Group, IMF Committee on Balance of Payments Statistics and OECD Workshop on International Investment Statistics.
- . Jallab, M.S., Gbakou, M.B.R. and Sandretto, R. (2008), “Foreign Direct Investment: Macroeconomic Instability and Economic Growth in MENA Countries”, Working Paper No. 08-17, Groupe d Analyse et de Théorie Economique (GATE), Centre national de la recherché scientifique (CNRS), University Lyon.
- . Jenkins, R., (1979), “The export performance of multinational corporationas on Mexican Industries”, Journal of Development studies, 15, 89-107.
- . Jocelyn & Saggi, (1998), “International Technology Transfer and the Technology Gap”, Journal of Development Economics 55, April, pp 369- 398;
- . Johansen,S. (1988), “Statistical Analysis of Cointegretion Vectors”, Journal of Economics Dynamics and Control, 12, 231-54.
- . Johnson, A. (2006), “FDI and Exports: the case of the high performing East Asian Economies”. Http:// www.infra.kth.se/cesis/documents/wp57.pdf.
- . JulanDu, Yi Lu, Zhigang Tao (2007), “Economic Institutions and FDI Location Choice: Evidence from US Multinationals in China”, Journal of Comparative Economics, Vol. 36, Issue 3 (2007) 412.
- . Jyun-Yi W. & Chih-Chiang H. (2008), “Does Foreign Direct Investment Promote Economic Growth? Evidence from a Threshold Regression Analysis”, Economics Bulletin, Vol. 15, No.12, pp.1-10
- . Kinoshita, Y., & Campos, N. F. (2003), “Why Does FDI Go Where It Goes? New Evidence from the Transit ion Economies”, International Monetary Fund,
- . Kueh, P. (1992), “Developing with Foreign Investment: Malaysia”, The Australian Economic Review, Vol. 76, No. 12, PP. 679-703.
- . Lan, N.P. (2006), “Foreign Direct Investment and Its Linkage to Economic Growth in Vietnam: A Provincial level Analysis”, www.unisa.edu.au/commerce/events/.../abstract%20lan_nguyen.
- . Lall (2000), “Export performance, technological upgrading and foreign direct investment strategies in the Asian newly industrializing economies. With special reference to Singapur”, ECLAC serie desarrollo productivo 88, Santiago, Chile.
- . Litjobo, R (2005) “FDI, Governance and Development The case of Lesotho Emerging from the periphery” M Sc. Thesis Submitted to University of Witwatersrand.
- . Lipsey, E., R., Feenstra, R., C., Hahn, C.,H. and Hatsopoulos, G.,N., (1999). The role of foreign direct investment in international capital flows. NBER Chapters, in : International Capital Flows, 307-362.
- . Lo, D. (2007), “Foreign Direct Investment and China’s Economic Development: A First Look”, Working Paper No. 200701001E, Renmin University of China.
- . Ma, X. (2009), “An Empirical Analysis on the Impact of FDI on China’s Economic Growth”, International Journal of Business and Management, Vol. 4, No. 6, PP. 76-80.
- . Mandeep Kaur and Renu Sharma (2014), Impact of Foreign Direct Investment on Macro Economic Parameters of India: An Empirical Analysis. http://shodhganga.inflibnet.ac.in/bitstream/10603/10462/15/15_chapter%207.pdf
- . Mathiyazhagan, M.K. (2005), “Impact of Foreign Direct Investment on Indian Economy: A Sectoral Level Analysis”, ISAS Woking Paper No. 6, Institute of South Asian Studies, Singapore.
- . Matthias, B. and Groizar, J. L. (2006) “FDI, Regulations and Growth” pp 1-26
- . Mehra, N.(2013),” Impact of FDI on Employment and GDP in India”, International Journal of Economic Research,Vol.414,PP. 29-38.
- . Melnyk L., Kubatko O., Pysarenko S. (2014), “The impact of foreign direct investment on economic growth: case of post communism trasition economies”, Problems and Perspectives in Management, Vol. 12, Issue 1, 2014.
- . Meltern Sengun Ucal (2013), “Panel Data Analysis of Foreign Direct Investment and Poverty from the Perspective of Developing Countries”, Procedia Social and Behavioral Sciences 109 (2014), pp.1101-1105. ISSN 1877-0428 http:/ /www.sciencedirect.com/science/article/pii/S1877042813052336
- . Meyer, Klaus E., (2004), Investment strategies in emerging markets, Edward Elgar published-UK.
- . Ministry of Planning and Investment (2016). Foreign direct investment statistics, http://fia.mpi.gov.vn/.
- . Moosa, Imad A. (2002), Foreign Direct Investment – Theory, evidence and practice, palgrave Macmillan Press, New York – USA.
- . Mottaleb, K.A. (2007), “Determinants of Foreign Direct Investment and Its Impact on Economic Growth in Developing Countries”, MPRA Paper No.9457, Munich University, Germany.
- . Miao Fu &Tieli Li (2006), “Human Capital as Determination of FDI Technology Spillovers and its Threshold Effects in China”, Confronting the Challenge of Technology for Development: Experiences from the BRICS conference.
- . Muhammad Azam (2009), “Significance of Foreign Direct Investment in the Economic Development of Paki stan and Afghanistan”, Central Asia Journal No. 64, pp. 65 – 75;
- . Nagaraj, R. (2003), “Foreign Direct Investment in India in the1990s”, Economic and Political Weekly, Vol. 68, No. 5, PP. 1701-1712.
- . Nguyen Van Hieu (2007). Inducing Foreign indirect investment- Fasct, Prospects and Solutión. Vietnam Economic review, 151.
- . Nguyen Thi Tue Anh et al. (2006). The impact of FDI on Vietnam’s economic growth. Project SIDA.
- . Nguyen Dinh Chien, Kezhong Zhang (2012), “FDI of Vietnam; Two-way linkages between FDI and GDP, Competition among Provinces and Effects of Laws”, iBusiess, June 2012, 4, 157-163 http://file.scirp.org/pdf/IB20120200006_97819208.pdf
- . Nguyen Mai (2004), “Attracting FDI toward Vietnam: Achievements and Policy Innovations”, International Conference on Vietnam joining the WTO, CIEM- DANIDA project, Vietnam
- . Nguyen Thi Lien Hoa (2002), “Design a plan to attract Foreign Direct Investment in Vietnam”, Economic Development Journal, September, Vietnam.
- . Nguyen Thi Phuong Hoa (2004), Foreign Direct Investment and its Contributions to Economic Growth and Poverty Reduction in Vietnam (1986-2001), Peter Lang, Frankfurt am Main, Germany.
- . Nick Marro (2015), “Foreign Company R&D: In China, For China”, China Business Review, Magazine of US – China Business Council;
- . Philips, P.C.B and Perron, P. (1988), Testing for a Unit Root in Time series regression, Biometrika, 75, 335-46.
- . Oman (1988), Cooperative strategies in developing countries – the new forms of investment, cooperation strategies in International business, Macmillan press Ltd.
- . Online City Newspaper, FDI management on real estate, dothi.net, posted on 23/3/2012
- . OECD Benchmark (1999), Definition of Foreign Direct Investment” – 3rd Edition. www.oecd.org/dataoecd/10/16/2090148.pdf.
- . OECD – ILO (2008), The impact of foreign direct investment on wages and working conditions, OECD conference centre, Paris, France.
- . Panagariya, A. (2007), “Why India Lags Behind China and How It can Bridge the Gap”, World Economy, Vol 30, No. 2, PP. 229-248.
- . Paolino, M., (2009), “The Effect of Domestic Investment, Economic Growth and Human Development on Foreign Direct Investment into China” Bryant Economic Research Paper, Vol. 62. No. 2, PP. 1-22.
- . Rangarajan, C. (2000), “Capital Flow another Look”, Economic and Political Weekly, Vol. 35, No. 5, PP. 4421-4427.
- Report of the Harvard University Experts (2008), Structural ischolar_main causes of macroeconomic instability, Policy Discussion Paper 3,
- Raheem D. I. & Oyinlola M. A. (2013), “Foreign Direct Investment, Governance and Economic Growth Trilogy: New Evidence from ECOWAS Countries”, Journal of Global and Science Issues, Vol.1, Issue 2, June 2003, ISSN 230762 75
- Sharma, K. (2003), “Factors Determining India’s Export Performance”, Journal of Asian Economies, Vol. 14, No.2, PP. 435-446.
- Sharma,R.(2013), “FDI and its Impact on Selected Economic Parameters: A Comparative Study of India and China” unpublished PhD. Thesis
- Sun, X. (2002), “Foreign Direct Investment and Economic Development-What Do the States Need To Do?”, prepared for Capacity Development Workshop and Global Forum on Reinventing Government on Globalisation Role of State and Enabling Environment, held on 10-13 December, 2002, Marrakech, Morocco.
- Sajid Anwar, Lan Phi Nguyen (2013), “Is foreign direct investment productive? A case study of the regions of Vietnam”, Journal of Business Research, JBR-07907 https://pdfs.semanticscholar.org/ea06/88d20d407567d0db90344659cdf7920e4b93.pdf
- Santander TradePortal (2016), https://en.portal.santandertrade.com/establish- overseas/
- Sethi, D. (2003), Trends in Foreign direct investment flows: a theoretical and empirical analysis, Journal of International Business studies, vol 34-2003.
- Singh, H. And K.Jun (1999), the relationship between foreign direct investment and trade: China as an example, the Manchester School of Economics social Studies Blackwell Punlisshing, Vol.66 (0), Pages 62-88.
- Sypriya Guru (2016), “Neoclassical Theory of Economic Growth”, accessed on 16 February 2016 http:// www.yourarticlelibrary.com/economics/neoclassical- theory-of-economic-growth-explained-with-diagrams/38321/
- Tiwari,A.K. and Mutasku,M.(2011),” Economic Growth and FDI in Asia: A Panel Data Approach”, Economic Analysis and Policy, Vol.41. No. 2.
- Tu, M. (1990), “Foreign Direct Investment and Economic Growth: Evidence from Ten East Asian Economies”, International Economics, Vol. 51, No. 4, PP. 517-535.
- Te Velde (2001), Policies towards foreign direct investment in developing countries: Emerging best- practices and outstanding issues, Overseas Development Institute, London
- Trinh Nam Hoai, Mai Nguyen Quynh Anh, (2015), “The impact of Foreign Direct Investment on Economic Growth: Evidence from Vietnam”, Developing Coutry Studies, ISSN 2224-607X, Vol.5, No.20, 2015 http://www.iiste.org/ Journals/index.php/DCS/article/viewFile/26895/28098
- UNCTAD, World Development Indicators Data Base, United Nations Conference on Trade and Development, New York and Geneva.
- UNCTAD, (1978 to 2016), “World Investment Report” United Nations Conference on Trade and Development, New York and Geneva.
- UNCTAD (2015b), FDI/MNE database (www.unctad.org/fdistatistic)
- UNCTAD (2016), “World Investment Report 2015: Reforming International Investment Governance”
- UNCTAD (2016), FDI/MNE database (www.unctad.org/fdistatistic)
- Vernon, Raymond (1974), the location of economic activity in J. Dunning edited Economic analysis and the multinational enterprices, International Journal of the Economics of Business, Vol 10, 2005.
- Vietnam Association for Urban Planning and Development, Vietnam real estate is in the eyes of foreign investors, ashui.com, posted on 03/9/2011.
- Wang Miao, 2009, Manufacturing FDI and Economic Growth: Evidence from Asian Economies, Economics Faculty Research and Publications, College of Business Administration, Marquette University
- Wei Jianguo, Zhan Sheng (2003), Adjust the Policies for FDI, to Enhance Domestic Enterprise’s Innovation Capability, School of Economics, Wuhan University of Techonology, China. Orient Academic Forum
- Wei, S.-J., & Shleifer, A. (2000), “Local Corruption and Global Capital Flows”, Brookings Papers on Economic Activity” (2) (2000) 303.
- Wint Alvin and Williams Densil (2002), Attracting FDI to developing countries a changing role for government, the International Journal of Public Sector managemnet, vol 15, 2002.
- World Bank (2016), http://www.worldbank.org/
- World Bank (2016), World DataBank, http://databank.worldbank.org/data/databases.aspx
- Worldwide Governance Indicators (2016) http://databank.worldbank.org/data/reports.aspx?source=worldwidegovernanceindicators#
- Wu Jyun-Yi & Hsu Chih-Chiang (2008), “Does Foreign Direct Investment Promote Economic Growth? Evidence from a Threshold Regression Analysis”, Economics Bulletin, Vol.15, No.12, pp.1-10
- Xu, B. and J.Lu (2006), the impact of Foreign Firms on the Sophistication of China Exports, www.econ.hitu.ac.jp/ ~ trade/apts/2007/../Bin%20xu.pdf.
- Yao, S. (2006), “On Economic growth, FDI and Exports in China”, Applied Economics, Vol. 38, No. 3, PP. 339–351.
- Zebregs (2002), “Foreign Direct Investment in China: Some lessons for other countries”, IMF Policy Dicussion Paper;
- https://www.assetmacro.com
- https://ieconomics.com
- http://www.trademap.org/Index.aspx
- https://data.worldbank.org/country/vietnam
- http://data.imf.org/?sk=85b51b5a-b74f-473a-be16-49f1786949b3
- https://www.cia.gov/library/publications/the-world-factbook/