Open AccessAnalysis of Inter-Country Trade Flows Based on Input - Output Model Between Vietnam - EU - China and the United States
Author(s) -
Thai Nguyen Quang,
Bùi Trinh
Publication year - 2021
Publication title -
research in world economy
Language(s) - English
Resource type - Journals
eISSN - 1923-399X
pISSN - 1923-3981
DOI - 10.5430/rwe.v12n3p88
Subject(s) - balance of trade , china , economics , balance (ability) , value (mathematics) , international trade , international economics , geography , medicine , archaeology , physical medicine and rehabilitation , machine learning , computer science
In recent years, although the balance of trade in goods of Vietnam has always been surplus for many years but the real domestic economy has been also deficit. People were thrilled for that achievement. The study attempts to estimate how the trade flows between the four countries Vietnam, China, the United State (US) and the Europe (EU) induce to output and value added of each country?The research used inter - country input - output model between those countries for analyzing the effects of trade flow to the economy of each country, especially for Vietnam.