TAILIEUCHUNG - Determinants of Vietnam’s exports: An application of the gravity model

The success of exports in Vietnam has become a driving force for economic growth since the reform in 1986. The paper uses data from 2010 to 2014 to estimate the gravity model for Vietnam’s exports with the random effect estimation. | Journal of Asian Business and Economic Studies Volumn 25, Special Issue 01 (2018), 103-116 Journal of Asian Business and Economic Studies Determinants of Vietnam’s exports: An application of the gravity model NGUYEN QUYNH HUYa a National Academy of Public Administration ARTICLE INFO ABSTRACT Received 22 Aug. 2017 The success of exports in Vietnam has become a driving force for economic growth since the reform in 1986. The paper uses data from 2010 to 2014 to estimate the gravity model for Vietnam’s exports with the random effect estimation. The empirical results show that the bilateral trade of Vietnam is positively associated with the country’s GDP and importing countries’ GDP. Furthermore, it has a negative relationship with distance from Vietnam to trading partners. These results are akin to those of the previous studies of the gravity model. Particularly, foreign direct investment, border effects and exchange rate play a significant role in promoting exports of Vietnam. Besides, the deepened integration into the region and world market also has significant impacts on expanding exports of Vietnam. Therefore, these factors have contributed to explaining the success in exports of Vietnam over the past few years. Revised 4 Jan. 2018 Accepted 1 Jan. 2018 Available online 12 January 2018 JEL classifications: F14; F15; O24 KEYWORDS Gravity model Exports of Vietnam Determinants of Vietnam’s exports FDI a Email: huynq@ 104 Nguyen Quynh Huy, JABES Vol. 25(Special 01), Feb. 2018, 104-116 1. Introduction Before the renovation process1 in 1986, Vietnam experienced a prolonged centralplanning regime and import-dominated economy. Most decisions on foreign trade were made by central authority, and biased towards socialist countries. Moreover, international trade instruments were applied such as trading rights, quantitative restrictions, and a multiple exchange rate system. Following the loss of traditional markets in 1989, .

• Kinh tế học
• Gravity model
• Exports of Vietnam
• Determinants of Vietnam’s exports
• Foreign direct investment
• Determinants of Vietnam’s exports
• Communications in Physics
• Gravity loop corrections
• The standard model higgs in einstein gravity
• The stability argument
• Energy region of MPl
• Evaluation of the impacts of ASEAN+3 FTAs
• Vietnam Iron
• Steel trade flows
• Gravity model analysis
• Economics and business
• Bilateral trade
• Panel data
• Vietnam Korea bilateral trade
• Gravity model specification
• Modeling international trade flows
• Intra trade
• Two dimensions fixed effect panel model
• Hausman Taylor model
• Spatial Hausman Taylor model
• Economics and business
• A gravity model approach
• Service trade flows
• Vietnam and the european union
• Service exports and service imports
• The Philippine mango global value chain
• Mango global value chain
• Gravity model approach
• Value added contribution
• Correctly estimate
• Intra regional trade
• Exchange rate volatility
• Panel gravity model approach
• Exports in COMESA
• Exchange rate volatility on exports
• Trade Facilitation
• Economic Development of Vietnam
• National Logistics Competency Index
• Improvement of trade facilitation
• The agriculture of Viet Nam
• The gravity model
• Agricultural products
• Geographical position
• Vietnam’s agricultural export
• Geographical distance
• ASEAN partner
• Trade impact
• ASEAN plus one free trade agreements
• Including trade creation
• Master's thesis of Science in Geospatial Sciences
• Master's thesis
• Geoid model
• Gravity field
• South America
• GPS levelling
• Vertical datum
• trình bày báo cáo
• tài liệu báo cáo nghiện cứu khoa học
• cách trình bày báo cáo
• báo cáo ngành văn học
• báo cáo tiếng anh
• Economic integration
• Trade liberalization
• Exchange rate
• anti corruption activity
• Empirical assessment
• CobbDouglas formula
• Gravity model for trade
• Nash’s bargaining solution
• Optimism pessimism criterion
• Probabistic decision making
• Shift invariance
• Stochastic frontier gravity model
• Trade potential
• Free trade agreement
• Actual trade
• Heterogeneous across counterparts
• Poisson Pseudo maximum likelihood
• Disaggregated product level
• World Trade Organization
• Factors influencing export
• Philippines economy
• Philippines FDI inflow
• Philippines inflation rate
• Analytical framework
• Shirmp export
• Export growth decomposition
• GDP growth
• Thương mại điện tử
• Mô hình “gravity model for trade”
• Thị trường liên minh Châu Âu
• Xuất nhập khẩu cà phê
• Kim ngạch xuất khẩu cà phê
• FTAs positively
• World pandemic uncertainty index
• FDI inflows
• Logistics performance index
• Random Effects
• Estimation techniques
• Hausman Taylor estimator
• Merchandise exports
• Mô hình lực hấp dẫn
• Hiệp định thương mại tự do
• Phương pháp system GMM
• Nền kinh tế thị trường
• Tự do hóa thương mại
• Determinant of rice export value
• Generalized least squares
• Estimation method
• Intra ASEAN export
• Extended gravity model
• International economic relations
• Economic policy