May 25, 2017 - 11:00 am
May 25, 2017 - 12:00 am
Address1A Hoàng Diệu, Phú Nhuận, HCM View map
Dear professors, lecturers, researchers, colleagues, and students,
You are cordially invited to the next UEH School of Economics STBI (Small Talks Big Ideas) seminar.
Topic: “Analysis of regional competition for FDI among VIetnam’s provinces during 2011-2014 using Spatial Durbin modeling (SDM)”
Presenter: Dr. Nguyen Luu Bao Đoan (University of Economics Ho Chi Minh City)
Time: 11:00 – 25 May 2017
Venue: Room H.001, Campus H, UEH School of Economics, 1A Hoang Dieu, Phu Nhuan District, Ho Chi Minh City
Among a plethora of literature of determinants of Foreign Direct Investment (FDI) are few which successfully addressed the concern about connectivity among neighboring jurisdictions or regions. In the context of Vietnam, empirical studies on FDI determinants tend to neglect that spatial interaction among neighboring provinces, which oftentimes leads to inefficient and biased estimations. This current study fills in that gap of knowledge about spatial interaction of FDI determinants of for all 63 provinces in Vietnam during the recovery period after the global financial meltdown from 2011 to 2014. The Spatial Durbin Model (SDM) confirms the effects of traditional determinants of FDI including market size, the presence of seaports, labor quality, labor cost and local government’s degree of openness. The model’s indirect effects also reveal spillover impacts of determinants of neighboring provinces, which sheds light on the mechanism that drives FDI among jurisdictions and regions. The findings support policymakers to think of economic development as a regional and inter-regional issue instead of provincial one.