Solow model with technological progress: An empirical study of economic growth in Vietnam through ARDL approach

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F22%3A63543998" target="_blank" >RIV/70883521:28120/22:63543998 - isvavai.cz</a>

Výsledek na webu

<a href="https://admin.calitatea.ro/assets/Documents/Archive/PDF/20220209_b8aafc8f-9973-4828-9ed3-5224801cde5d.pdf" target="_blank" >https://admin.calitatea.ro/assets/Documents/Archive/PDF/20220209_b8aafc8f-9973-4828-9ed3-5224801cde5d.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.47750/QAS/23.186.26" target="_blank" >10.47750/QAS/23.186.26</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Solow model with technological progress: An empirical study of economic growth in Vietnam through ARDL approach

Popis výsledku v původním jazyce

This study aims to clarify the relationship between technological progress and economic growth in Vietnam. This investigation used annual data from the World Bank related to Vietnam from 1985 to 2019 and applied the approach of autoregressive distributed lag to evaluate the impact of technological progress on economic growth in Vietnam in the short and long term. The regression equation constructed in this investigation came from the analysis of the CobbDoulag equation and the Solow model. The results of the study showed that GDP per capita is affected by the variables of technological progress in the short and long term, which means that technological progress affects economic growth in Vietnam. This study also contributes to the area of economic growth research in Vietnam with important evidence-based results on the impact of technological progress on GDP per capita, and the findings of this study have several implications for the understanding of the role of technological progress in economic development. The current study is still limited to small sample sizes and does not cover all indicators for analysis; however, it provides the foundation for future investigations with larger sample sizes, and other elements of technological progress are modified and applied in specific fields.

Název v anglickém jazyce

Solow model with technological progress: An empirical study of economic growth in Vietnam through ARDL approach

Popis výsledku anglicky

This study aims to clarify the relationship between technological progress and economic growth in Vietnam. This investigation used annual data from the World Bank related to Vietnam from 1985 to 2019 and applied the approach of autoregressive distributed lag to evaluate the impact of technological progress on economic growth in Vietnam in the short and long term. The regression equation constructed in this investigation came from the analysis of the CobbDoulag equation and the Solow model. The results of the study showed that GDP per capita is affected by the variables of technological progress in the short and long term, which means that technological progress affects economic growth in Vietnam. This study also contributes to the area of economic growth research in Vietnam with important evidence-based results on the impact of technological progress on GDP per capita, and the findings of this study have several implications for the understanding of the role of technological progress in economic development. The current study is still limited to small sample sizes and does not cover all indicators for analysis; however, it provides the foundation for future investigations with larger sample sizes, and other elements of technological progress are modified and applied in specific fields.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50201 - Economic Theory

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2022

Kód důvěrnosti údajů

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

Název periodika

Quality - Access to Success

ISSN

1582-2559

e-ISSN

2668-4861

Svazek periodika

23

Číslo periodika v rámci svazku

186

Stát vydavatele periodika

RO - Rumunsko

Počet stran výsledku

9

Strana od-do

194-202

Kód UT WoS článku

000782751200015

EID výsledku v databázi Scopus

2-s2.0-85133555714