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Factors Affecting Foreign Direct Investment: Evidence on Tay Ninh Province KCI 등재 SCOPUS

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한국유통과학회 (Korea Distribution Science Association)
초록

The purpose of this paper is to examine the impact of consumer price index, infrastructure, human resources, trade openness, and private credit on the attraction of foreign direct investment (FDI) in Tay Ninh province as well as to emphasize the important role of FDI in economic growth of developing areas. The research data was collected from Tay Ninh Statistical Office with 80 samples of a 20-year period from 2000 to 2019. Also, OLS regression method using Eviews software was employed to analyze the data obtained. The findings revealed that human resources, infrastructure and private credit have a positive and significant impact on FDI attraction in Tay Ninh province, while consumer price index was proven to affect FDI attraction negatively. Accordingly, competent authorities of Tay Ninh province should focus on stabilizing prices as well as implementing policies for developing local human resources and attracting high-quality personnel from foreign countries. Tay Ninh province also needs to pay more attention to information technology investment for synchronous development of infrastructure. Moreover, the State Bank of Tay Ninh branch needs to consider more credit sources to provide support packages for businesses, creating a strong basis for establishments to attract FDI for the province’s economic development.

목차
Abstract
1. Introduction
2. Literature Review
    2.1. Theoretical Perspective
    2.2. Previous Studies
3. Methodology
    3.1. Data
    3.2. Research Model and Measurement
4. Results and Discussion
    4.1. Descriptive Statistics
    4.2. Correlation Analysis
    4.3. Regression Analysis
    4.4. Discussion
5. Conclusion and Policy Implication
    5.1. Conclusion
    5.2. Policy Implication
References
저자
  • Thinh Quoc TRAN(Faculty of Accounting and Auditing, Industrial University of Ho Chi Minh City)
  • Tuan Anh DANG(Faculty of Economics, Ho Chi Minh City Open University)
  • Ngoc Anh Thu TRAN(PwC (Vietnam) Limited) Corresponding Author