Openness, ownership, and regional economic growth in Vietnam

Chih Hai Yang; Eric D. Ramstetter; Jen Ruey Tsaur; Minh Ngoc Phan

doi:10.1080/1540496X.2014.998886

Openness, ownership, and regional economic growth in Vietnam

Chih Hai Yang, Eric D. Ramstetter, Jen Ruey Tsaur, Minh Ngoc Phan

Department of Economics

Research output: Contribution to journal › Article › peer-review

10 Scopus citations

Abstract

In this article, we examine the influences of exports, multinational corporations (MNCs), and the share of state-owned enterprise (SOE) production in regional economic growth in Vietnam for the years 1996-2006. Various estimations, without and with considering the endogeneity problem, confirm that exports and the presence of MNCs are influential factors on promoting economic growth. Crucially, provinces with a higher ratio of SOE production have experienced higher economic growth. However, the positive relationship between SOE share and economic growth should be carefully interpreted.

Original language	English
Pages (from-to)	S224-S233
Journal	Emerging Markets Finance and Trade
Volume	51
DOIs	https://doi.org/10.1080/1540496X.2014.998886
State	Published - 30 Jan 2015

Keywords

exports
Growth
Multinational corporations
SOEs
Vietnam

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/1540496X.2014.998886

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title = "Openness, ownership, and regional economic growth in Vietnam",

abstract = "In this article, we examine the influences of exports, multinational corporations (MNCs), and the share of state-owned enterprise (SOE) production in regional economic growth in Vietnam for the years 1996-2006. Various estimations, without and with considering the endogeneity problem, confirm that exports and the presence of MNCs are influential factors on promoting economic growth. Crucially, provinces with a higher ratio of SOE production have experienced higher economic growth. However, the positive relationship between SOE share and economic growth should be carefully interpreted.",

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AU - Yang, Chih Hai

AU - Ramstetter, Eric D.

AU - Tsaur, Jen Ruey

AU - Ngoc Phan, Minh

PY - 2015/1/30

Y1 - 2015/1/30

N2 - In this article, we examine the influences of exports, multinational corporations (MNCs), and the share of state-owned enterprise (SOE) production in regional economic growth in Vietnam for the years 1996-2006. Various estimations, without and with considering the endogeneity problem, confirm that exports and the presence of MNCs are influential factors on promoting economic growth. Crucially, provinces with a higher ratio of SOE production have experienced higher economic growth. However, the positive relationship between SOE share and economic growth should be carefully interpreted.

AB - In this article, we examine the influences of exports, multinational corporations (MNCs), and the share of state-owned enterprise (SOE) production in regional economic growth in Vietnam for the years 1996-2006. Various estimations, without and with considering the endogeneity problem, confirm that exports and the presence of MNCs are influential factors on promoting economic growth. Crucially, provinces with a higher ratio of SOE production have experienced higher economic growth. However, the positive relationship between SOE share and economic growth should be carefully interpreted.

KW - exports

KW - Growth

KW - Multinational corporations

KW - SOEs

KW - Vietnam

UR - http://www.scopus.com/inward/record.url?scp=84960855345&partnerID=8YFLogxK

U2 - 10.1080/1540496X.2014.998886

DO - 10.1080/1540496X.2014.998886

M3 - 期刊論文

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SN - 1540-496X

VL - 51

SP - S224-S233

JO - Emerging Markets Finance and Trade

JF - Emerging Markets Finance and Trade

ER -

Openness, ownership, and regional economic growth in Vietnam

Abstract

Keywords

UN SDGs

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