Inward Foreign Direct Investment and Trade Openness in Vietnam: A Nonlinear Autoregressive Distributed Lag Approach

Jen-Yao Lee, Ya-Chuan Hsiao, Ngochien Bui and Tien-Thinh Nguyen
Additional contact information
Jen-Yao Lee: Department of International Business, National Kaohsiung University of Science and Technology, Kaohsiung 82445, Taiwan
Ya-Chuan Hsiao: Department of International Business, National Kaohsiung University of Science and Technology, Kaohsiung 82445, Taiwan
Ngochien Bui: Department of International Business, National Kaohsiung University of Science and Technology, Kaohsiung 82445, Taiwan
Tien-Thinh Nguyen: Department of International Business, National Kaohsiung University of Science and Technology, Kaohsiung 82445, Taiwan

Economies, 2021, vol. 9, issue 3, 1-18

Abstract: This study aims to examine the asymmetric relationship between trade openness and FDI (foreign direct investment) inflows to Vietnam by using NARDL (nonlinear autoregressive distributed lag) during the period from 1997 to 2019. Our findings show that the influence of FDI on trade openness is asymmetric in the short-run and long-run. But the influence of trade openness on FDI is symmetric in the short-run and asymmetric in the long run.

Keywords: ARDL model; NARDL model; foreign direct investment; trade openness; tax rate; political stability (search for similar items in EconPapers)
JEL-codes: E F I J O Q (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://www.mdpi.com/2227-7099/9/3/120/pdf (application/pdf)
https://www.mdpi.com/2227-7099/9/3/120/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jecomi:v:9:y:2021:i:3:p:120-:d:620797

Access Statistics for this article

Economies is currently edited by Ms. Hongyan Zhang

More articles in Economies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().