Openness, ownership, and regional economic growth in Vietnam

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

Research output: Contribution to journalArticlepeer-review

10 Scopus citations


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 languageEnglish
Pages (from-to)S224-S233
JournalEmerging Markets Finance and Trade
StatePublished - 30 Jan 2015


  • exports
  • Growth
  • Multinational corporations
  • SOEs
  • Vietnam


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