Spatial Impact of Public Investment on Province’s Economic Growth in Vietnam

DOI

10.2991/978-94-6463-348-1_8How to use a DOI?

Keywords

Growth; provinces of Vietnam; public investment; spatial econometric model

Abstract

This study considers the spatial impact of public investment on provinces’ economic growth in Vietnam using a spatial econometric model with province-level data. The context of the Vietnamese economy shows that it has reached a lot of success in the period 2010-2020 with an essential role in public investment. The empirical results show that there is a positive impact of public investment on economic growth and there exists a spillover effect of public investment from one province to the economic growth of another province. Besides, the estimated results also indicate that private investment, foreign direct investment, and the province’s policies have a positive impact on economic growth.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Hung Phuong Vu
PY  - 2024
DA  - 2024/02/05
TI  - Spatial Impact of Public Investment on Province’s Economic Growth in Vietnam
BT  - Proceedings of the 11th International Conference on Emerging Challenges: Smart Business and Digital Economy 2023 (ICECH 2023)
PB  - Atlantis Press
SP  - 70
EP  - 82
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-348-1_8
DO  - 10.2991/978-94-6463-348-1_8
ID  - Vu2024
ER  -