Open AccessODA and Provincial Economic Growth in Vietnam
Author(s) -
Duc Ngoc Minh Dang,
Do Thi Ngoc Lan
Publication year - 2019
Publication title -
international finance and banking
Language(s) - English
Resource type - Journals
ISSN - 2374-2089
DOI - 10.5296/ifb.v6i1.14311
Subject(s) - granger causality , causality (physics) , economics , panel data , development economics , econometrics , quantum mechanics , physics
The focal point of this paper is focused on assessing the causal relationship between ODA and economic growth in the localities of Vietnam. This research uses panel data of ODA and GDP from 63 provinces of Vietnam by using Granger Causality test. The results showed that ODA has a causal effect on economic growth (GDP) and vice versa, economic growth decides to attract ODA in provinces in Vietnam. This result complements studies on the causal relationship between ODA and economic growth using new empirical evidence through case studies in the provinces of Vietnam.