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The Impact of Foreign Direct Investment on Income Convergence: Evidence from Provinces of Vietnam |
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| รหัสดีโอไอ | |
| Creator | Huy Quynh Nguyen |
| Title | The Impact of Foreign Direct Investment on Income Convergence: Evidence from Provinces of Vietnam |
| Contributor | Chien Van Le |
| Publisher | Faculty of Economics, Chulalongkorn University |
| Publication Year | 2561 |
| Journal Title | Southeast Asian Journal of Economics |
| Journal Vol. | 6 |
| Journal No. | 1 |
| Page no. | 71-89 |
| Keyword | foreign direct investment, income convergence, income divergence,provinces, absolute beta, conditional beta |
| URL Website | http://www.econ.chula.ac.th/public/publication/journal/sajehome.php |
| Website title | Southeast Asian Journal of Economics |
| ISSN | 2465-5120 |
| Abstract | The study examines the issues of income convergence across 18provinces of Vietnam during 2000-2015 period, and the effect of foreigndirect investment using data from the General Statistics Office. The objectivesof this paper are twofold: First, to know whether the provinces of Vietnamare jointly converging in terms of absolute beta, conditional beta as well assigma coefficients. Second, the role of foreign direct investment in the incomeconvergence process is investigated. Our results show that Vietnam's provincialincomes appeared to be diverging rather than converging during the period ofconsideration both in terms of sigma and beta. However, the divergence trendslowed down in 2006-2015, when Vietnam has strongly integrated with theworld economy. Foreign direct investment seems to help alleviating theseriousness of the divergence process in Vietnam but the contribution of FDIto the alleviation of income divergence is quite weak |
