透過您的圖書館登入
IP:3.239.9.151
  • Theses

外國直接資對越南的經濟增長的影響

FDI's Impacts on Vietnam’s Economic Growth

Advisor : 官俊榮
For better promotion, authorized us if you are the author.

Abstracts


No data.

Parallel abstracts


This thesis focuses on finding a relationship between Foreign Direct Investment and Economic growth in Vietnam. Unit root tests, Cointegration test and Toda and Yamamoto non-causality tests were employed in the empirical analysis. Annual time-series data covering the period 1987-2009 was used. With Augmented-Dickey-Fuller (ADF) and Phillip-Perron (PP) Unit root tests, LNFDIR and LNGDPGR variables proved to be integrated of the order of one I(1). Johansen and Juselius Cointegration tests were used to determine the presence or otherwise of a cointegrating vector in the variables. Both Trace and Maximum Eingevalue indicated two cointegrations at 5% level of significance pointing to the fact that the variables have a long-run relationship. To determine the direction of causality among the variable, Toda-Yamamoto (1995) non-causality test was applied. Foreign Direct Investment was found to Granger Cause Economic growth but not vice versa.

References


Aitken, B. J. and A. E. Harrison (1999), "Do domestic firms benefit from direct foreign investment? Evidence from Venezuela." American Economic Review, 89: 605-618.
Balasubramanyam, V.N., M. Salisu and D. Sapsford (1996), "Foreign Direct Investment and Growth in EP and IS countries." The Economic Journal, Vol. 106, No. 434: 92-105.
Barrell, R. and N. Pain, (1997), "Foreign Direct Investment, Technological Change, and Economic Growth within Europe." The Economic Journal, Vol. 107, No. 455: 1770-86.
Bengoa, M. and B. Sanchez-Robles (2003), "Foreign direct investment, economic freedom and growth: new evidence from Latin America." European Journal of Political Economy, vol. 19, 529-545.
Borensztein, E., J. De Gregorio, and J.W. Lee, (1998), "How Does Foreign Investment Affect Economic Growth?" Journal of International Economics, 45: 115-135.

Read-around