Lý thuyết mới về đầu tư trực tiếp từ nước ngoài: Bằng chứng kiểm định từ trường hợp của Việt Nam

Date Received: 04-10-2013

Date Accepted: 29-10-2013

##submissions.doi##:

Views

0

Downloads

3

Issue: Vol. 11 No. 8 (2013)

Section:

KINH TẾ XÃ HỘI VÀ PHÁT TRIỂN NÔNG THÔN

How to Cite:

Chi Cuong , H., Van Tho , T., & My, N. (2024). Lý thuyết mới về đầu tư trực tiếp từ nước ngoài: Bằng chứng kiểm định từ trường hợp của Việt Nam. Vietnam Journal of Agricultural Sciences, 11(8), 1181–1196. https://vie.vjas.vn/index.php/vjasvn/article/view/81

Lý thuyết mới về đầu tư trực tiếp từ nước ngoài: Bằng chứng kiểm định từ trường hợp của Việt Nam

Hoang Chi Cuong 1, 2, 3, 4, 5 , Tran Van Tho 1 , Nguyen Thi Ngoc My 2

  • 1 Waseda University, Tokyo, Japan
  • 2 Hai Phong Private University, Hai Phong, Vietnam
  • 3 GSAPS, WasedaUniversity, Tokyo, Japan, Doctoral Candidate
  • 4 Graduate School of Asia - Pacific Studies, Waseda University, Tokyo, Japan
  • 5 Graduate school of Asia - Pacific Studies

    • Keywords

    FDI, mô hình lực hấp dẫn, phương pháp ước lượng Hausman-Taylor, Việt Nam

    Abstract


    Đầu tư trực tiếp nước ngoài (FDI) ngày càng trở nên quan trọng trong quá trình phát triển của Việt Nam. Sau hơn hai thập kỷ kể từ khi tiến hành đổi mới năm 1986, đất nước đã thu hút được một lượng lớn vốn FDI lên tới 229.913,7 triệu USD. Nghiên cứu này sử dụng mô hình lực hấp dẫn và phương pháp ước lượng Hausman-Taylor để kiểm tra xem liệu chỉ số tương đồng về quy mô kinh tế có thúc đẩy các dòng vốn FDI vào Việt Nam hay không. Vấn đề này có thể chưa được đề cập trong các nghiên cứu trước đây cho trường hợp của Việt Nam. Kết quả thực nghiệm cho thấy chỉ số này thúc đẩy mạnh mẽ các luồng vốn FDI vào Việt Nam. Nói cách khác, Việt Nam có xu hướng nhận được nhiều vốn FDI từ các đối tác có “quy mô kinh tế và trình độ phát triển tương đồng”. Kết quả này củng cố cho lý thuyết mới về FDI tại các nền kinh tế mới nổi.

    References

    Brenton, P. (1996). The Impact of the Single Market on Foreign Direct Investment in the EU. Report for DG II, mimeo.

    Brenton, P. and F. Di Mauro (1999). The Potential Magnitude and Impact of FDI flows to CEECs. Journal of Economic Integration, Vol. 14 No. 1: 59-74.

    Buckley, P.J. and M. Casson (1976). The Future of the Multinational Enterprise. Homes & Meier: London.

    Bui Anh Tuan (2011). Determinants of foreign direct investment in Vietnam 1988-2009. PhD thesis, University of Greenwich.

    Cantwell, J. (2000). A survey of theories of international production, in Pitelis & Sugden (2000). The Nature of the Transnational Firm. London: Routledge: 13-17; 20-14.

    Caves & R.E. Caves (1999). Multinational Enterprise and Economic Analysis. Cambridge: Cambridge University Press: 3-11; 24-27.

    Changwatchai, P. (2010). The Determinants of FDI Inflows by Industry to ASEAN (Indonesia, Malaysia, Philippines, Thailand, and Vietnam). A doctoral dissertation, University of Utah.

    Cushman, D.O. (1985). Real Exchange Rate Risk, Expectations and the Level of Direct Investment. Review of Economics and Statistics, 67 (2): 297-308.

    Denisia, V. (2010). Foreign Direct Investment Theories: An Overview of the Main FDI Theories. Available at http://ssrn.com/abstract=1804514.

    Du, Juan (2010). What are the determinants of FDI to Vietnam? Master Thesis for Supply Chain Management Program, Tilburg University.

    Dunning, J. H. (1973). The determinants of international production. Oxford Economic Papers 25.

    Dunning, J. H. (1980). Toward an eclectic theory of international production: Some empirical tests. Journal of International Business Studies issue 11.

    Dunning, J. H. (1988). The Eclectic Paradigm of International Production: A restatement and some possible extensions. Journal of International Business Studies issue 19 (Spring).

    Eaton, J. and A. Tamura (1996). Japanese and US exports and investment as conduit of growth. NBER Working Paper N. 5457.

    Egger, P. (2005). “Alternative Techniques for Estimation of Cross-Section Gravity Models”, Review of International Economics, 13(5): 881-891.

    Ethier, W. and S.A. Ross (1971). International capital movements and long run diversification. Journal of International Economics 1: 301-314.

    Grossman, G.M., E. Helpman, and A. Szeidl (2006). Optimal integration strategies for the multinational firm. Journal of International Economics 70: 216-238.

    Helpman, E. (1984). A Simple Theory of International Trade with Multinational Corporations. Journal of Political Economy, Vol. 92, No. 31.

    Helpman, E. and P. Krugman (1985). Market Structure and Foreign Trade. MIT Press, Cambridge.

    Hennart, J.F. (1982). A theory of multinational enterprise. University of Michigan Press.

    Hoang, Chi Cuong, Thi Bich Ngoc, Do, Thi Phuong Mai, Bui, and Huyen Linh, Dang (2013). Trade Liberalization and Foreign Direct Investment in Vietnam: A Gravity Model Using Hausman-Taylor Estimator Approach. Journal of Science and Development, Vol. 11, No. 1: 85-96.

    Hymer, S.H. (1960). The International Operations of National Firms: A Study of Direct Foreign Investment. A PhD. dissertation (published in 1976).

    Itagaki, Takao (1981). The theory of the multinational firm under exchange rate uncertainty. Canadian Journal of Economics 14: 276-297.

    Markusen, J.R. and A.J. Venables (1998). Multinational Firms and the New Trade Theory. Journal of International Economics Vol. 46: 183-203.

    Markusen, J.R. and A.J. Venables (1999). Foreign direct investment as a catalyst for industrial development. European Economic Review 43: 335-356.

    Mauro, F.D. (November 2000). The Impact of Economic Integration on FDI and Exports: A Gravity Approach. Working Document No. 156.

    McPherson, M. and W. Trumbull (2003). “Using the Gravity Model to Estimate Trade Potential: Evidence in Support of the Hausman-Taylor Method”, Western Economic Association International, Denver, Colorado, retrievedDecember 25, 2012 from website: http://www.be.wvu.edu/div/econ/McPherson.pdf.

    Moosa, I.A. (2002). Foreign Direct Investment: Theory, Evidence and Practice. Palgrave Macmillan Publisher.

    Mundell, R.A. (1957). International Trade and Factor Mobility. The American Economic Review. Vol. 47, No. 3: 321-335.

    Nguyen, Dinh Chien, Z.K. Zhong, and Thi Giang, Tran (2012). FDI and Economic Growth: Does WTO Accession and Law Matter Play Important Role in Attracting FDI? The Case of Viet Nam. International Business Research, Vol. 5, No. 8: 214-227.

    Nguyen, Ngoc Anh and Thang, Nguyen, (2007). Foreign direct investment in Vietnam: An overview and analysis the determinants of spatial distribution across provinces, MPRA Paper No. 1921: 7-38, retrieved May 4, 2012 from website mpra.ub.uni-muenchen.de/.../MPRA_paper_1921.pdf.

    Nguyen, Nhu Binh and J. Haughton (2002). Trade liberalization and foreign direct investment in Vietnam. ASEAN Economic Bulletin, 19 (3): 302-18.

    Pham, Thi Hong Hanh (2011). Does the WTO Accession Matter for the Dynamics of Foreign Direct Investment and Trade? Economic of Transition, Vol. 19, No. 2: 255-285.

    Razin, A. and E. Sadka (2007). Foreign Direct Investment: An analysis of aggregate flows. Princeton: Princeton University Press: 8.

    Tran, Van Tho (2004). Foreign Direct Investment and Economic Development: The Case of Vietnam. Working paper.

    Vernon, R. (1966). International investment and international trade in the product cycle. Quarterly Journal of Economics 80: 190-207.

    Wu, Chung-Min, Thi-Ngoan, Nguyen, Quoc-Dat, Luu (2013). Determinants of Foreign Direct Investment in Vietnam: A comparison. Working paper.

    Zhang, K.H. and J.R. Markusen (1999). Vertical multinationals and host-country characteristics. Journal of Development Economics Vol. 59: 233-252.