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The Impacts of Human Resources and Foreign Direct Investments to Vietnam’s Economic Growth

Author

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  • Nguyen Van Huong
  • Dang Quy Duong
  • Do Thi Thu Thuy

Abstract

Research on human resources, foreign direct investment and economic development are important issues in assessing the effectiveness of employment as well as attracting foreign direct investment (FDI) in the economy. In this study, the author analyzes the impact of human resource factors and FDI on economic growth in Vietnam from 1990 to 2017. By regression analysis based on the ARDL model, the result shows FDI has only a positive effect on economic growth in the short term but has the opposite effect in the long term. At the same time, unemployment rates have the opposite effect on economic growth in the short term. Average life expectancy does not affect economic growth in both the short and long term. From this result, the author also offers some suggestions for economic development in both the short and long term.

Suggested Citation

  • Nguyen Van Huong & Dang Quy Duong & Do Thi Thu Thuy, 2020. "The Impacts of Human Resources and Foreign Direct Investments to Vietnam’s Economic Growth," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 8(4), pages 125-125, March.
    • Handle: RePEc:ibn:jmsjnl:v:8:y:2020:i:4:p:125
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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