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Autor
Nguyen Chinh Thi (National Economics University, Hanoi, Vietnam), Nguyen Chi Dieu Thi (National Economics University, Hanoi, Vietnam), Bui Van Do (National Economics University, Hanoi, Vietnam)
Tytuł
Index of Financial Development with Foreign Direct Investment: Case of Vietnam
Źródło
Contemporary Economics, 2023, vol. 17, nr 3, s. 323-332, tab., bibliogr. 47 poz.
Słowa kluczowe
Rozwój finansowy, Inwestycje zagraniczne, Inwestycje bezpośrednie, Wskaźniki finansowe
Fnancial development, Foreign investment, Direct investments, Financial indicators
Uwagi
Klasyfikacja JEL: F15, F21, G10, G23.
summ.
Kraj/Region
Wietnam
Vietnam
Abstrakt
This study investigates the effect of the financial development index (FD) on foreign direct investment inflows (FDI) in Vietnam from 1996 to 2021. Time series data are used in the model to assess the influence of six indicators standing for FD. Financial institution assessment (FA), financial depth of institution (FDE), financial efficiency of the institution (FE), financial assessment of market (FM), financial efficiency of the market (FEM), domestic loans for the private sector (DLP) was collected from 1996 to 2021. As a result of the analysis, when FA, FE, and FEM increase, Vietnam's FDI inflow also increases while FDE and FM decrease FDI. The effect of DLP is unclear, and this study has no significant association. It is found that the selected financial development index has a significant impact on attracting inward FDI. It is also necessary for the government and officials to make appropriate policies in the future. (original abstract)
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Bibliografia
Pokaż
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Cytowane przez
Pokaż
ISSN
2084-0845
Język
eng
URI / DOI
http://dx.doi.org/10.5709/ce.1897-9254.513
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