Determinants of foreign direct investment in Southern Central Coast of Vietnam: a spatial econometric analysis

Hoang, Hong Hiep; Huynh, Cong Minh; Duong, Nguyen Minh Huy; Chau, Ngoc Hoe

doi:10.1007/s10644-020-09315-3

Cited by 25 publications

(17 citation statements)

References 63 publications

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“…Meanwhile, the enterprise concentration has a strong influence on the FDI attraction not only of a province but also in neighbouring provinces and the whole region. This is a sign of the transition to a complex vertical FDI that seeks to benefit from agglomeration (Hoang et al, 2021).…”

Section: Research Results and Discussionmentioning

confidence: 99%

“…As a result, multinationals prefer to invest more in locations with larger market sizes (Kumari & Sharma, 2017). This shows that the target market of foreign investors is the regions that include all markets of the host province and neighbouring provinces (Hoang, Huynh, Duong, & Chau, 2021). Meanwhile, enterprise agglomeration in a province positively affects the potential FDI inflows of the whole region and indirectly reduces the potential FDI inflows in neighbouring provinces at a significant level of 5%.…”

Section: Research Results and Discussionmentioning

confidence: 99%

“…Economic agglomeration leads to the concentration of suppliers, labour, natural resources and other economic bases which increase FDI inflows to the whole region. This has conveyed messages about the emergence of complex vertical FDI to seek the benefits of agglomeration externalities (Hoang et al, 2021; Hoang & Goujon, 2014). Third, the article not only identifies the spatial interaction in FDI attraction among provinces but also points out the short‐term and long‐term effects of factors affecting FDI inflows.…”

Section: Discussionmentioning

confidence: 99%

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Dynamic spatial effects of determinants of foreign direct investment: A case of the southern key economic region of Vietnam

Huynh

2022

Australian Economic Papers

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The determinants of foreign direct investment (FDI) always attract the attention of researchers and policymakers. However, the spatial spillovers of FDI have not been given due attention. This study analyses the dynamic spatial effects of determinants of FDI in emerging markets: a case of the southern key economic region of Vietnam. The model employed in the research is the Dynamic Spatial Durbin Model for testing hypotheses of data collected from the General Statistics Office of Vietnam in the period of 2005–2016. The results show that there is a spatial interaction in FDI attraction to the above‐mentioned region. At the same time, factors such as market size, trade openness, population growth, agglomeration and institutional quality affect FDI inflows in the short and long term. In particular, the population growth of a locality reduces FDI inflows of that locality and neighbouring localities. Enterprise agglomeration of a province increases the FDI inflows of that province and reduces FDI inflows in adjacent provinces. This paper's findings highlight the determinants of FDI and spatial spillovers of FDI in emerging markets. In addition, previous models have not fully identified the spatial effects of FDI in the short and long term, which may skew policy decisions. Therefore, the article contributes to redefining the key factors to attract FDI inflows into emerging markets like Vietnam.

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Section: Research Results and Discussionmentioning

confidence: 99%

Section: Research Results and Discussionmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

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Dynamic spatial effects of determinants of foreign direct investment: A case of the southern key economic region of Vietnam

Huynh

2022

Australian Economic Papers

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“…Among the influential factors, political relationship between source and destination targets of investment plays a major role. In a recent study, Hoang et al (2021) tried to find which factors affect the inward FDI in southern central coast of Vietnam through employing spatial anemometric estimation for data over 2007-2016. They discovered that legal institutions and social security have the largest contribution to the inward FDI.…”

Section: Literature Reviewmentioning

confidence: 99%

Investigating the determining factors of sustainable FDI in Vietnam

Quang

Rasoulinezhad

Linh

et al. 2022

CFRI

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PurposeThe main purpose of this paper is to analyze the sustainable inward FDI pattern of Vietnam.Design/methodology/approachThis paper intends to analyze the sustainable FDI pattern of Vietnam using the gravity theory and panel data approach for the annual data over the period of 2007–2020.FindingsVietnamese FDI volume is positively affected by political and social factors, globalization and green energy consumption, while geographical distance is a major obstacle to the increase of FDI inflows of the country.Practical implicationsAs the main practical policy implications, issuing policies for sustainable economic growth, launching the novel strategy of green FDI neighborhood policy and regionalism through free trade agreements are recommended.Originality/valueTo the best of author's knowledge, there has not been any in-depth academic study focusing on the Vietnam's sustainable FDI. In addition, three robustness checks have been conducted to ensure the validation of empirical findings.

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“…Consequently, developing economies are more concerned with real economic growth than sustainable economic growth (Hoang et al, 2022). Furthermore, FDI provides chances to enhance professional advancement in technology, capital information sources, and human resources improvement by preparing locals using foreign skills and adds to corporate incomes in the host nation (Feldstein, 2000).…”

Section: Introductionmentioning

confidence: 99%

Factors Affecting Foreign Direct Investment: The Case of the Netherlands

Shaukat

Shokat

Khan³

2022

READS

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This study analyzes the effect of gross domestic product, inflation, and natural resource rent on foreign direct investment in the Netherland. Our analysis employs the Autoregressive distributed lag model from 1980 to 2018. The empirical results show that gross domestic product and natural resource rent positively affected foreign direct investment while inflation negatively affected both the short and long run. This study recommends that government officials and policymakers formulate policies to promote foreign direct investment for the development of the economy of the Netherland.

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Determinants of foreign direct investment in Southern Central Coast of Vietnam: a spatial econometric analysis

Cited by 25 publications

References 63 publications

Dynamic spatial effects of determinants of foreign direct investment: A case of the southern key economic region of Vietnam

Dynamic spatial effects of determinants of foreign direct investment: A case of the southern key economic region of Vietnam

Investigating the determining factors of sustainable FDI in Vietnam

Factors Affecting Foreign Direct Investment: The Case of the Netherlands

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