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Globalization and Aid Inflows in the Economic Growth of Vietnam

Title
Globalization and Aid Inflows in the Economic Growth of Vietnam
Authors
Mah J.S.
Ewha Authors
마재신
SCOPUS Author ID
마재신scopus
Issue Date
2017
Journal Title
Global Economy Journal
ISSN
1524-5861JCR Link
Citation
Global Economy Journal vol. 13, no. 1
Keywords
aid; globalization; growth; import expansion; Vietnam
Publisher
Walter de Gruyter GmbH
Indexed
SCOPUS scopus
Document Type
Article
Abstract
This paper aims to reveal the sources of the rapid growth of the Vietnamese economy since economic reform over the period 1986-2013. It applies the autoregressive distributed lags variance bounds test and the error correction model, focusing on the roles of globalization and aid in economic growth. The empirical evidence supports neither the export-led nor the FDI-led economic growth hypothesis. Rather, the increase in import values is revealed to have caused economic growth. When the import variable is excluded from the estimated model, aid inflows are shown to have caused the economic growth in Vietnam. © 2017 Walter de Gruyter GmbH, Berlin/Boston.
DOI
10.1515/gej-2016-0063
Appears in Collections:
스크랜튼대학 > 국제학부 > Journal papers
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