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This article aims to analyze the role of FDI and institutional quality in local economic growth in Vietnam. Using a … dataset of 63 provinces in Vietnam between 2005 and 2020, the result of the Bayesian linear regression method cover that FDI … flows and institutional quality (FDIxIQ variable) positively impacts the economic growth of provinces in Vietnam. This …
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There are two innovations in the paper as compared to the previous literature on democracy and growth. First, we consider not only the level of democracy, but also changes in this level in the 1970s-1990s as measured by increments of Freedom House political rights indices. Second, the...
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