Determinants of foreign direct investment in Vietnamese provinces: a spatial econometric analysis

Abstract : This article uses spatial econometric models to explore the determinants of the distribution of foreign direct investment (FDI) inflows among Vietnamese provinces in the period after the Asian crisis. First tests reveal spatial autocorrelation in the OLS estimated errors, justifying the use of spatial error models estimated using the maximum likelihood estimator. Relations between FDI and its traditional determinants are surprisingly robust to the inclusion of spatial interdependence terms. Results show a dominance of the form of regional trade platform FDI, and of regional agglomeration effects. National and provincial economic policies are also found to be important factors for attracting FDI.
keyword : cerdi
Document type :
Journal articles
Complete list of metadatas

https://halshs.archives-ouvertes.fr/halshs-00983757
Contributor : Cerdi Etudes & Documents - Publications <>
Submitted on : Friday, April 25, 2014 - 4:48:07 PM
Last modification on : Thursday, February 21, 2019 - 2:36:02 PM

Identifiers

  • HAL Id : halshs-00983757, version 1

Collections

Citation

Michaël Goujon, Hong Hiep Hoang. Determinants of foreign direct investment in Vietnamese provinces: a spatial econometric analysis. Post-Communist Economies, Taylor & Francis (Routledge), 2014, 26 (n°1), pp.103-121. ⟨halshs-00983757⟩

Share

Metrics

Record views

559