Provincial foreign direct investment absorptive capacity of Vietnam

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F20%3A63526709" target="_blank" >RIV/70883521:28120/20:63526709 - isvavai.cz</a>

Výsledek na webu

<a href="https://eber.uek.krakow.pl/index.php/eber/article/view/611||https://eber.uek.krakow.pl/index.php/eber/article/download/611/599" target="_blank" >https://eber.uek.krakow.pl/index.php/eber/article/view/611||https://eber.uek.krakow.pl/index.php/eber/article/download/611/599</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.15678/EBER.2020.080201" target="_blank" >10.15678/EBER.2020.080201</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Provincial foreign direct investment absorptive capacity of Vietnam

Popis výsledku v původním jazyce

Objective: The objective of the article is to examine the importance of absorptive capacity in the relationship between foreign direct investment and economic performance in 63 Vietnamese provinces from 2007 to 2015. Research Design &amp; Methods: The absorptive capacity at provincial level includes six components tested by confirmatory factor analysis, which allows for the argument that absorptive capacity of domestic firms is an important component of absorptive capacity of provinces. Besides this one, there are five other components, including financial development, human capital, the level of openness, the absorptive capacity of domestic firms, institutions, and infrastructure. The generalized two-stages least squares (G2SLS) random effect with instrumental variables regression is used with panel data. Findings: Firstly, foreign direct investment has a positive impact on the development of the 63 provinces in Vietnam. Secondly, among the six components, the four most important ones are infrastructure, the level of openness, human capital, and the absorptive capacity of domestic firms. Moreover, the article finds that foreign direct investment can bring negative impacts to provinces with a low level of trade openness. Implications &amp; Recommendations: The government should focus on infrastructure, trading policy, human capital and capability of domestic firms. Contribution &amp; Value Added: There is a lack of connection between absorptive capacity at the firm level and the macro level. Therefore, this article attempts to create this connection by constructing absorptive capacity at the firm level as a component of absorptive capacity at the provincial level.

Název v anglickém jazyce

Provincial foreign direct investment absorptive capacity of Vietnam

Popis výsledku anglicky

Objective: The objective of the article is to examine the importance of absorptive capacity in the relationship between foreign direct investment and economic performance in 63 Vietnamese provinces from 2007 to 2015. Research Design &amp; Methods: The absorptive capacity at provincial level includes six components tested by confirmatory factor analysis, which allows for the argument that absorptive capacity of domestic firms is an important component of absorptive capacity of provinces. Besides this one, there are five other components, including financial development, human capital, the level of openness, the absorptive capacity of domestic firms, institutions, and infrastructure. The generalized two-stages least squares (G2SLS) random effect with instrumental variables regression is used with panel data. Findings: Firstly, foreign direct investment has a positive impact on the development of the 63 provinces in Vietnam. Secondly, among the six components, the four most important ones are infrastructure, the level of openness, human capital, and the absorptive capacity of domestic firms. Moreover, the article finds that foreign direct investment can bring negative impacts to provinces with a low level of trade openness. Implications &amp; Recommendations: The government should focus on infrastructure, trading policy, human capital and capability of domestic firms. Contribution &amp; Value Added: There is a lack of connection between absorptive capacity at the firm level and the macro level. Therefore, this article attempts to create this connection by constructing absorptive capacity at the firm level as a component of absorptive capacity at the provincial level.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2020

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Entrepreneurial Business and Economics Review

ISSN

2353-883X

e-ISSN

—

Svazek periodika

8

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

PL - Polská republika

Počet stran výsledku

20

Strana od-do

7-26

Kód UT WoS článku

000601167300001

EID výsledku v databázi Scopus

2-s2.0-85087341461