外文翻译原文--外商直接投资和出口基于越南的经验.pdfVIP

Economics of Transition Volume 16(2) 2008, 183–197 fdi and exports in vietnam© 2007 The Authorsxuan and xingJournal compilation © 2007 The European Bank for Reconstruction DevelopmentXXXOriginal Articles0967-0750ECOTEconomics of Transition Oxford, UKBlackwell Publishing Ltd Foreign direct investment and exports The experiences of Vietnam1 Nguyen Thanh Xuan* and Yuqing Xing** *School of Economics, The University of New South Wales, Sydney, NSW, Australia. E-mail: thanh.nguyen@.au **International Development Program, Graduate School of International Relations, International University of Japan, Niigata-ken, Japan. E-mail: xing@iuj.ac.jp Abstract We examined the implementation statuses of a total of 5,919 foreign direct investment (FDI) projects approved by the Vietnamese Ministry of Planning and Investment since 1988, and compiled a database of actually disbursed FDI in Vietnam. The database covers FDI flows into Vietnam from 23 countries from 1990 to 2004. Using the data, we analyzed the impact of FDI on the exports of Vietnam with gravity equations. The empirical results demonstrate that FDI is one of the major factors driving the rapid export growth of Vietnam. It has significantly facilitated the expansion of Vietnam’s exports to FDI source countries. In particular, the empirical analysis shows that a 1 percent increase in FDI inflows will be expected to give rise to a 0.13 percent increase in Vietnam’s exports to these countries. JEL classifications: F14, F23. Keywords: FDI, exports, gravity, Vietnam. Received: November 2, 2006; Acceptance: October 5, 2007 1 We are grateful to an anonymous referee for detailed and valuable comments. The usual disclaimer applies. © 2008 The Authors Journal compilation © 2008 The European Bank for Reconstruction and Development