Spatial impact of foreign direct investment on poverty reduction in Vietnam

In this study, we analyze the spatial effect of foreign direct investment (FDI) on poverty reduction in Vietnam. This study uses the provincial-level panel data and the fixed-effects regression and the spatial econometric model to investigate empirically the impact of FDI on poverty reduction in Vie...

Full description

Saved in:
Bibliographic Details
Published in:Journal of risk and financial management 2021-07, Vol.14 (7), p.1-16
Main Authors: Do, Quynh Anh, Le, Quoc Hoi, Nguyen, Thanh Duong, Vu, Van Anh, Tran, Lan Huong, Nguyen, Cuc Thi Thu
Format: Article
Language:English
Subjects:
Developing countries
Econometrics
Economic development
Economic growth
Employment
foreign direct investment (FDI)
International trade
Job creation
Knowledge
LDCs
Literature reviews
Poverty
poverty reduction
State budgets
Vietnam
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In this study, we analyze the spatial effect of foreign direct investment (FDI) on poverty reduction in Vietnam. This study uses the provincial-level panel data and the fixed-effects regression and the spatial econometric model to investigate empirically the impact of FDI on poverty reduction in Vietnam. The study finds that FDI has contributed to poverty reduction not only directly but also indirectly through human capital. However, FDI has indirectly worsened poverty through international trade. In addition, empirical results from the spatial econometric model show that FDI tends to decrease poverty in provinces. Finally, the study has some policy implications to decrease the negative effects of FDI on poverty reduction in Vietnam.
ISSN:1911-8074
1911-8066
1911-8074
DOI:10.3390/jrfm14070292