@article{oai:nagoya.repo.nii.ac.jp:02001317,
 author = {ANH, Le Viet},
 journal = {国際開発研究フォーラム, Forum of International Development Studies},
 month = {Feb},
 note = {The objective of this paper is to investigate the FDI-growth nexus in Vietnam for the period 1986- 2002. First, it estimates and decomposes the capital stock of Vietnam using simultaneous determination approach of TFP growth and capital stock developed by Ezaki and Lin Sun (1999). Second, it examines FDI-growth nexus by both growth accounting approach and econometric techniques. Growth accounting was employed to estimate respective contribution of factors of production to growth. By growth accounting approach, FDI contribution to growth was estimated to be about 7% out of 37% of total capital contribution to growth in the period 1988-2002. Applying cointegration techniques and error correction model, it is found that FDI has positive relation with domestic investment both in the short run and in the long run. It is also found that FDI has a significant positive relationship with economic growth. Sensitivity analysis was performed and the results were confirmed robust. The results seem to suggest that FDI generates both significantly positive short-run and long-run impacts on economic growth in Vietnam.},
 pages = {45--63},
 title = {FDI-Growth Nexus in Vietnam},
 volume = {31},
 year = {2006}
}