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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...
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Published in: | Journal of risk and financial management 2021-07, Vol.14 (7), p.1-16 |
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container_title | Journal of risk and financial management |
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creator | Do, Quynh Anh Le, Quoc Hoi Nguyen, Thanh Duong Vu, Van Anh Tran, Lan Huong Nguyen, Cuc Thi Thu |
description | 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. |
doi_str_mv | 10.3390/jrfm14070292 |
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source | EBSCOhost Econlit with Full Text; ABI/INFORM Global; Publicly Available Content (ProQuest) |
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 |
title | Spatial impact of foreign direct investment on poverty reduction in Vietnam |
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