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An inquiry into the determinants of Vietnamese product export

Author

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  • Nguyen Thi Ha TRANG

    (Class B – High quality course – K46 – Faculty of Economics and International Business, Foreign Trade University, 91 Chua Lang, Lang Thuong, Dong Da, Hanoi, Vietnam.)

  • Nguyen Thi Thanh TAM

    (Foreign Trade University, 91 Chua Lang, Lang Thuong, Dong Da, Hanoi, Vietnam.)

  • Vu Hoang NAM

    (Foreign Trade University, 91 Chua Lang, Lang Thuong, Dong Da, Hanoi, Vietnam.)

Abstract

Export led growth is the model of economic development that Vietnam has been following. While there are a great number of studies on the determinants of aggregate export of Vietnam, there are few that analyze the impacts of different factors on the export of different product groups. This paper aims at filling this gap in research on international trade of Vietnam. The results show that the fast GDP growth of Vietnam, the large population of importing countries, the wide economic gap between Vietnam and the importing countries, the depreciation of domestic currency, the free trade agreements that Vietnam signed and the shared border with the importing countries contribute to the increase of Vietnam’s export of all product groups. In contrast, the GDP of importing countries and population of Vietnam have no clear impacts on the export of any product groups.

Suggested Citation

  • Nguyen Thi Ha TRANG & Nguyen Thi Thanh TAM & Vu Hoang NAM, 2011. "An inquiry into the determinants of Vietnamese product export," Working Papers 08, Development and Policies Research Center (DEPOCEN), Vietnam.
    • Handle: RePEc:dpc:wpaper:0811
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    References listed on IDEAS

    as
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    3. Martinez-Zarzoso, Inmaculada & Nowak-Lehmann, Felicitas, 2003. "Augmented Gravity Model: An Empirical Application to Mercosur-European Union Trade Flows," Journal of Applied Economics, Universidad del CEMA, vol. 6(2), pages 1-26, November.
    4. Thuy Nguyen & Jean-Louis Arcand, 2009. "Gravity Equation for Different Product Groups: A study at product level," Working Papers 18, Development and Policies Research Center (DEPOCEN), Vietnam.
    5. Sandberg, H. Mikael, 2004. "The Impact Of Historical And Regional Linkages On Free Trade In The Americas: A Gravity Model Analysis Across Sectors," 2004 Annual meeting, August 1-4, Denver, CO 20201, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Inmaculada Martínez-Zarzoso & Felicitas Nowak-Lehmann D., 2003. "Augmented gravity model: An empirical application to Mercosur- European trade flows," International Trade 0309019, University Library of Munich, Germany.
    7. Tiiu Paas, 2000. "Gravity Approach For Modeling Trade Flows Between Estonia And The Main Trading Partners," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 4, Faculty of Economics and Business Administration, University of Tartu (Estonia).
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    Cited by:

    1. Nguyen Xuan Trung & Nguyen Duc Hung & Nguyen Thi Hien, 2018. "Exploiting the Trade Potential from Integration: Analysing the Impact of Free Trade Agreements between ASEAN and India and China," China Report, , vol. 54(4), pages 442-466, November.

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