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

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

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 asymmet...

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Bibliographic Details
Main Authors: Jen-Yao Lee, Ya-Chuan Hsiao, Ngochien Bui, Tien-Thinh Nguyen
Format: Article
Language:English
Published: MDPI AG 2021-08-01
Series:Economies
Subjects:
ARDL model
NARDL model
foreign direct investment
trade openness
tax rate
political stability
Online Access:https://www.mdpi.com/2227-7099/9/3/120
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spelling doaj-c1b3c6a5ba1d443fb1cb4f591f89a0e72021-09-26T00:01:14ZengMDPI AGEconomies2227-70992021-08-01912012010.3390/economies9030120Inward Foreign Direct Investment and Trade Openness in Vietnam: A Nonlinear Autoregressive Distributed Lag ApproachJen-Yao Lee0Ya-Chuan Hsiao1Ngochien Bui2Tien-Thinh Nguyen3Department of International Business, National Kaohsiung University of Science and Technology, Kaohsiung 82445, TaiwanDepartment of International Business, National Kaohsiung University of Science and Technology, Kaohsiung 82445, TaiwanDepartment of International Business, National Kaohsiung University of Science and Technology, Kaohsiung 82445, TaiwanDepartment of International Business, National Kaohsiung University of Science and Technology, Kaohsiung 82445, TaiwanThis 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.https://www.mdpi.com/2227-7099/9/3/120ARDL modelNARDL modelforeign direct investmenttrade opennesstax ratepolitical stability
collection DOAJ
language English
format Article
sources DOAJ
author Jen-Yao Lee
Ya-Chuan Hsiao
Ngochien Bui
Tien-Thinh Nguyen
spellingShingle Jen-Yao Lee
Ya-Chuan Hsiao
Ngochien Bui
Tien-Thinh Nguyen
Inward Foreign Direct Investment and Trade Openness in Vietnam: A Nonlinear Autoregressive Distributed Lag Approach
Economies
ARDL model
NARDL model
foreign direct investment
trade openness
tax rate
political stability
author_facet Jen-Yao Lee
Ya-Chuan Hsiao
Ngochien Bui
Tien-Thinh Nguyen
author_sort Jen-Yao Lee
title Inward Foreign Direct Investment and Trade Openness in Vietnam: A Nonlinear Autoregressive Distributed Lag Approach
title_short Inward Foreign Direct Investment and Trade Openness in Vietnam: A Nonlinear Autoregressive Distributed Lag Approach
title_full Inward Foreign Direct Investment and Trade Openness in Vietnam: A Nonlinear Autoregressive Distributed Lag Approach
title_fullStr Inward Foreign Direct Investment and Trade Openness in Vietnam: A Nonlinear Autoregressive Distributed Lag Approach
title_full_unstemmed Inward Foreign Direct Investment and Trade Openness in Vietnam: A Nonlinear Autoregressive Distributed Lag Approach
title_sort inward foreign direct investment and trade openness in vietnam: a nonlinear autoregressive distributed lag approach
publisher MDPI AG
series Economies
issn 2227-7099
publishDate 2021-08-01
description 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.
topic ARDL model
NARDL model
foreign direct investment
trade openness
tax rate
political stability
url https://www.mdpi.com/2227-7099/9/3/120
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AT yachuanhsiao inwardforeigndirectinvestmentandtradeopennessinvietnamanonlinearautoregressivedistributedlagapproach
AT ngochienbui inwardforeigndirectinvestmentandtradeopennessinvietnamanonlinearautoregressivedistributedlagapproach
AT tienthinhnguyen inwardforeigndirectinvestmentandtradeopennessinvietnamanonlinearautoregressivedistributedlagapproach
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