The Determinants of Vietnamâ€™s Information and Communication Technologies Exports to the European Union
Phan Thanh Hoan and
Duong Thi Dieu My
Foreign Trade Review, 2022, vol. 57, issue 2, 148-159
Vietnam is one of the top information and communication technologies (ICT) exporters globally, and the ICT products constitute nearly one-fifth of Vietnamâ€™s total exports to the European Union (EU). This study empirically investigates the determinants of Vietnamâ€™s ICT exports to the EU by applying the gravity model for trade with panel data from 2000 to 2019. Besides the traditional variables of the gravity model, we added gross capital formation, patent application and exchange rates as explanatory variables. The results show that among factors affecting Vietnamâ€™s ICT export to the EU, market size, patent applications, and exchange rate are the most significant determinants. The article also suggests some policy implications for the development of ICT exports between the two parties. JEL Codes: F14, C2
Keywords: ICT exports; export determinants; panel data; Vietnam; the EU (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:fortra:v:57:y:2022:i:2:p:148-159
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