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. The empirical results show that the bilateral trade of Vietnam is po...

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Tác giả chính: Huy, Quynh Nguyen
Định dạng: Bài viết
Ngôn ngữ:English
Được phát hành: University of Economics Ho Chi Minh City 2023
Truy cập trực tuyến:http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=c7ca32f2-9924-a84c-d433-2125bd1f597b
http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115522
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spelling oai:scholar.dlu.edu.vn:DLU123456789-1155222023-03-08T03:56:44Z Determinants of Vietnam’s exports: An application of the gravity model Huy, Quynh Nguyen 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. 2023-03-08T03:56:44Z 2023-03-08T03:56:44Z 2018 Article 2615-9112 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=c7ca32f2-9924-a84c-d433-2125bd1f597b http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115522 10.24311/jabes/2018.25.S01.5 en Journal of Asian Business and Economic Studies, Volume 25, Issue S01; p. 103-116 application/pdf University of Economics Ho Chi Minh City
institution Thư viện Trường Đại học Đà Lạt
collection Thư viện số
language English
description 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.
format Article
author Huy, Quynh Nguyen
spellingShingle Huy, Quynh Nguyen
Determinants of Vietnam’s exports: An application of the gravity model
author_facet Huy, Quynh Nguyen
author_sort Huy, Quynh Nguyen
title Determinants of Vietnam’s exports: An application of the gravity model
title_short Determinants of Vietnam’s exports: An application of the gravity model
title_full Determinants of Vietnam’s exports: An application of the gravity model
title_fullStr Determinants of Vietnam’s exports: An application of the gravity model
title_full_unstemmed Determinants of Vietnam’s exports: An application of the gravity model
title_sort determinants of vietnam’s exports: an application of the gravity model
publisher University of Economics Ho Chi Minh City
publishDate 2023
url http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=c7ca32f2-9924-a84c-d433-2125bd1f597b
http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115522
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