Openness, Ownership, and Regional Economic Growth in Vietnam

Chih-Hai Yang, Eric Ramstetter (), Jen-Ruey Tsaur and Minh Ngoc Phan

Emerging Markets Finance and Trade, 2015, vol. 51, issue S1, S224-S233

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.

Date: 2015
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DOI: 10.1080/1540496X.2014.998886

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