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Openness, Ownership, and Regional Economic Growth in Vietnam

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  • Chih-Hai Yang
  • Eric D. Ramstetter
  • Jen-Ruey Tsaur
  • Minh Ngoc Phan

Abstract

In this article, we examine the influences of exports, multinational corporations (MNCs), and the share of state-owned enterprise (SOE) production in regional economic growth in Vietnam for the years 1996–2006. Various estimations, without and with considering the endogeneity problem, confirm that exports and the presence of MNCs are influential factors on promoting economic growth. Crucially, provinces with a higher ratio of SOE production have experienced higher economic growth. However, the positive relationship between SOE share and economic growth should be carefully interpreted.

Suggested Citation

  • Chih-Hai Yang & Eric D. Ramstetter & Jen-Ruey Tsaur & Minh Ngoc Phan, 2015. "Openness, Ownership, and Regional Economic Growth in Vietnam," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 51(S1), pages 224-233, January.
    • Handle: RePEc:mes:emfitr:v:51:y:2015:i:s1:p:s224-s233
    DOI: 10.1080/1540496X.2014.998886
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    Cited by:

    1. Thuy‐Van Tran & Janne Järvinen, 2022. "Understanding the concept of subjectivity in performance evaluation and its effects on perceived procedural justice across contexts," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(3), pages 4079-4108, September.
    2. Minor, Peter & Walmsley, Terrie & Strutt, Anna, 2018. "State-owned enterprise reform in Vietnam: A dynamic CGE analysis," Journal of Asian Economics, Elsevier, vol. 55(C), pages 42-57.

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