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Bài nghiên cứu chỉ ra được tác động tích cực và có ý nghĩa về mặt thống kê của FDI và lao động đối với tăng trưởng kinh tế của Việt Nam trong dài hạn. Nghiên cứu ủng hộ giả thuyết tăng trưởng dựa vào FDI đối với Việt Nam và dòng vốn FDI đã những tác động tích cực cho tăng trưởng kinh tế của Việt Nam. Mời các bạn cùng tham khảo! | INTERNATIONAL CONFERENCE FOR YOUNG RESEARCHERS IN ECONOMICS amp BUSINESS 2020 ICYREB 2020 CAUSALITY INTERACTIONS BETWEEN FDI TRADE OPENNESS AND ECONOMIC GROWTH IN VIETNAM. EVIDENCE FROM ARDL BOUNDS TESTS MỐI QUAN HỆ NHÂN QUẢ GIỮA FDI ĐỘ MỞ THƯƠNG MẠI VÀ TĂNG TRƯỞNG KINH TẾ Ở VIỆT NAM BẰNG PHƯƠNG PHÁP ARDL KIỂM ĐỊNH ĐƯỜNG BAO Nguyen Hai Yen MA University of Economics Hue University nhyen@hce.edu.vn Abstract This paper examines the dynamic relationship between FDI trade openness and economic growth in Vietnam during the period of 1990-2017. This paper tests two fundamental questions including whether FDI and trade openness indeed enhance economic growth and whether FDI- led growth model is valid for Vietnam. Unlike existing studies in Vietnam which demonstrated some limitations in terms of methodologies and presented ambiguous results in this field this paper applies the appropriate cointegration methodology to investigate the long-run relationship between the variables using the autoregressive distributed lags ARDL bounds tests approach. The paper then can indicate the directional causality through test for Granger dynamic causality in the short-run. The findings of this empirical study are that there exists a long- run relationship from economic growth to FDI trade openness physical capital and labour force. In the long- run FDI and labour force have a significant and positive impact on economic growth. The short- run dynamics further show that the Vietnamese economy convergency from a shock is relatively quickly. The paper supports the FDI-led growth hypothesis and that Vietnam has directly benefited from foreign trade investment inflows. The results of the Granger causality test show that there is bi-directional causality from FDI to economic growth and trade openness to economic growth. The paper however fails to confirm the direction of causality from FDI to labour force and trade openness to labour force as the widespread belief that FDI generates significant
