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Foreign Ownership And Exports In Vietnamese Manufacturing

Author

Listed:
  • PHAN MINH NGOC

    (Sumitomo Mitsui Banking Corporation, Singapore Branch, Singapore)

  • ERIC D. RAMSTETTER

Abstract

This paper analyzes exports of multinational corporations (MNCs) in Vietnamese manufacturing, highlighting the disproportionately large contribution of heavily-foreign MNCs with foreign ownership shares of 90% or more. The exports of heavily-foreign manufacturing MNCs are substantial and concentrated in apparel, footwear, and electric machinery-related industries. Export propensities also tend to be markedly higher in heavily-foreign MNCs than in other MNCs, and these differences generally persist after controlling for the effects industry affiliation, firm size, vintage, and capital intensity. There is a large variation in the relationship between ownership shares and export propensities among industries and years, however.

Suggested Citation

  • Phan Minh Ngoc & Eric D. Ramstetter, 2009. "Foreign Ownership And Exports In Vietnamese Manufacturing," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 54(04), pages 569-588.
    • Handle: RePEc:wsi:serxxx:v:54:y:2009:i:04:n:s0217590809003513
    DOI: 10.1142/S0217590809003513
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    References listed on IDEAS

    as
    1. Theodore H. Moran, 2001. "Parental Supervision: The New Paradigm for Foreign Direct Investment and Development," Peterson Institute Press: All Books, Peterson Institute for International Economics, number pa64, October.
    2. Mark Casson, 1987. "The Firm and the Market: Studies on the Multinational Enterprise and the Scope of the Firm," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262031299, December.
    3. Peter J. Buckley & Mark Casson, 1991. "The Future of the Multinational Enterprise," Palgrave Macmillan Books, Palgrave Macmillan, edition 0, number 978-1-349-21204-0.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Syeda Tamkeen Fatima, 2016. "Productivity spillovers from foreign direct investment: evidence from Turkish micro-level data," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 25(3), pages 291-324, June.
    2. Ramstetter, Eric D., 2018. "Foreign Ownership and Exports of Thai Manufacturing Plants by Industry in 1996," AGI Working Paper Series 2018-05, Asian Growth Research Institute.
    3. Nguyen Thi Thuy Vinh and Trinh Thi Thuy Duong, 2020. "Firm Export and the Impact of Foreign Ownership in Vietnam: A Micro-Data Analysis," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 45(1), pages 123-143, March.

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    More about this item

    Keywords

    Multinational corporation; export; manufacturing; Vietnam; F23; F14; O53;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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