Open AccessThe impact of ODA in constructing road traffic infrastructure on Vietnam’s economic growth
Author(s) -
Thanh Cuong Dang,
Dang Bang Nguyen,
Thi Hang Trinh,
Thi Thao Banh,
Thi Thu Cuc Nguyen
Publication year - 2021
Publication title -
journal of project management
Language(s) - English
Resource type - Journals
eISSN - 2371-8374
pISSN - 2371-8366
DOI - 10.5267/j.jpm.2020.12.001
Subject(s) - gross domestic product , foreign direct investment , investment (military) , transport infrastructure , road transport , transportation infrastructure , real gross domestic product , economics , business , economic growth , transport engineering , macroeconomics , engineering , political science , politics , law
The study examines the impact of official development assistance (ODA) in constructing road transport infrastructure on Vietnam’s economic growth. The authors select gross domestic product (GDP) to represent economic growth and test the influence of ODA in constructing road traffic infrastructure on Vietnam's GDP. Based on the references and analysis of previous studies, the authors propose an impact assessment model of ODA in constructing road transport infrastructure, Foreign direct investment (FDI), Domestic Investment (VDT) and Labor Force (Labor) to economic growth through GDP as a dependent variable. The regression results show that the ODA had a positive impact on GDP. Moreover, ODA plays an important role in constructing road transport infrastructure on Vietnam’s economic growth.