Foreign direct investment and trade: The case of Vietnam
By making use of a gravity model, this paper examines the impact of FDI on exports, imports and net export of Vietnam. The empirical analysis presented in this paper is based on a recently released panel dataset involving Vietnam's 19 major trading partners for the period 1990-2007. The paper also considers the impact of FDI on trade during three sub-periods: the pre-Asian financial crisis, the post-Asian financial crisis and during the Asian financial crisis period. The empirical analysis reveals that a complementary relationship exists between FDI and exports and FDI and imports. While the impact of FDI on net-exports is insignificant during the full sample period, a significant positive relationship exists between net-exports and FDI in the post-Asian financial crisis period.
Year of publication: |
2011
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Authors: | Anwar, Sajid ; Nguyen, Lan Phi |
Published in: |
Research in International Business and Finance. - Elsevier, ISSN 0275-5319. - Vol. 25.2011, 1, p. 39-52
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Publisher: |
Elsevier |
Keywords: | Foreign direct investment Vietnam Asian financial crisis |
Saved in:
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