Inward Foreign Direct Investment and Trade Openness in Vietnam: A Nonlinear Autoregressive Distributed Lag Approach

Economies

Jen-Yao Lee¹  Ya-Chuan Hsiao¹  Tien-Thinh Nguyen¹  Ngochien Bui¹ 

[1] Department of International Business, National Kaohsiung University of Science and Technology, Kaohsiung 82445, Taiwan;

关键词: ARDL model;    NARDL model;    foreign direct investment;    trade openness;    tax rate;    political stability;   

DOI  :  10.3390/economies9030120

来源: DOAJ

【 摘 要 】

This study aims to examine the asymmetric relationship between trade openness and FDI (foreign direct investment) inflows to Vietnam by using NARDL (nonlinear autoregressive distributed lag) during the period from 1997 to 2019. Our findings show that the influence of FDI on trade openness is asymmetric in the short-run and long-run. But the influence of trade openness on FDI is symmetric in the short-run and asymmetric in the long run.

【 授权许可】

Unknown