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The Transmission Mechanism of Bilateral Relationship Between Exports and Economic Growth in Vietnam

Year 2017, Volume: 7 Issue: 2, 536 - 543, 01.06.2017

Phan The Cong Nguyen Quang Hiep

Abstract

This article uses the vector error correction model (VECM) to analyze the transmission mechanism of bilateral relationship between exports and economic growth in Vietnam over the period 1999-2014. The results show that: (1) Existing bilateral relationship between exports and economic growth in Vietnam through the transmission channel in both short and long term; (2) Exports growth has been the motivation for economic growth and the resource factors play an important role in the transmission of the effects of exports to economic growth of Vietnam; (3) Economic growth also contribute to export growth by improving competitiveness in international trade through increasing productivity.

Keywords

Economic growth export The Virtuous Circle Model Verdoorn’s Law

Year 2017, Volume: 7 Issue: 2, 536 - 543, 01.06.2017

Phan The Cong Nguyen Quang Hiep

Abstract

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Details

Other ID JA45NJ98UP
Journal Section Research Article
Authors

Phan The Cong This is me

Nguyen Quang Hiep This is me

Publication Date June 1, 2017
Published in Issue Year 2017 Volume: 7 Issue: 2

Cite

APA Cong, P. T., & Hiep, N. Q. (2017). The Transmission Mechanism of Bilateral Relationship Between Exports and Economic Growth in Vietnam. International Journal of Economics and Financial Issues, 7(2), 536-543.
AMA Cong PT, Hiep NQ. The Transmission Mechanism of Bilateral Relationship Between Exports and Economic Growth in Vietnam. IJEFI. June 2017;7(2):536-543.
Chicago Cong, Phan The, and Nguyen Quang Hiep. “The Transmission Mechanism of Bilateral Relationship Between Exports and Economic Growth in Vietnam”. International Journal of Economics and Financial Issues 7, no. 2 (June 2017): 536-43.
EndNote Cong PT, Hiep NQ (June 1, 2017) The Transmission Mechanism of Bilateral Relationship Between Exports and Economic Growth in Vietnam. International Journal of Economics and Financial Issues 7 2 536–543.
IEEE P. T. Cong and N. Q. Hiep, “The Transmission Mechanism of Bilateral Relationship Between Exports and Economic Growth in Vietnam”, IJEFI, vol. 7, no. 2, pp. 536–543, 2017.
ISNAD Cong, Phan The - Hiep, Nguyen Quang. “The Transmission Mechanism of Bilateral Relationship Between Exports and Economic Growth in Vietnam”. International Journal of Economics and Financial Issues 7/2 (June 2017), 536-543.
JAMA Cong PT, Hiep NQ. The Transmission Mechanism of Bilateral Relationship Between Exports and Economic Growth in Vietnam. IJEFI. 2017;7:536–543.
MLA Cong, Phan The and Nguyen Quang Hiep. “The Transmission Mechanism of Bilateral Relationship Between Exports and Economic Growth in Vietnam”. International Journal of Economics and Financial Issues, vol. 7, no. 2, 2017, pp. 536-43.
Vancouver Cong PT, Hiep NQ. The Transmission Mechanism of Bilateral Relationship Between Exports and Economic Growth in Vietnam. IJEFI. 2017;7(2):536-43.