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Economic Growth with Public and Foreign Investment in Vietnam

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  • Ly Dai Hung

    (Vietnam Institute of Economics, Hanoi, Vietnam)

Abstract

We analyze the economic growth under impact of public and foreign investment by a vector autogressive model (VAR) on a quarterly sample of Vietnam economy over 2008-2020. The method stresses the role of exchange rate and liquidity supply on context of open economy. The evidence records that there exists a synergy of public and foreign investment on raising economic growth, reducing inflation and evaluating domestic currency. Moreover, the public investment is crucial to combat economic recession, especially during the current pandemic Covid-19.

Suggested Citation

  • Ly Dai Hung, 2021. "Economic Growth with Public and Foreign Investment in Vietnam," Working Papers hal-03241846, HAL.
    • Handle: RePEc:hal:wpaper:hal-03241846
    Note: View the original document on HAL open archive server: https://hal.science/hal-03241846
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    Keywords

    Economic Growth; Public Investment; Foreign Investment; Vector Autoregression (VAR) model;
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