TY - JOUR
T1 - Impact of foreign investment on household welfare
T2 - Evidence from Vietnam
AU - Bui, Anh Tuan
AU - Nguyen, Cuong Viet
AU - Pham, Thu Phuong
PY - 2019/10
Y1 - 2019/10
N2 - We examine the impact of foreign direct investment in Vietnam on household and individual welfare and on migration using survey data for the period 2002 to 2016. We find that higher revenue from foreign invested firms measured at province level and normalized on population is associated with a variety of positive outcomes. At household level, income and expenditures per capita are higher and poverty incidence is lower. At individual level, non-farm employment and wages are higher. And at commune level, in-migration is higher. However, although these improvements register as statistically signficant, the magnitudes in economic terms are modest.
AB - We examine the impact of foreign direct investment in Vietnam on household and individual welfare and on migration using survey data for the period 2002 to 2016. We find that higher revenue from foreign invested firms measured at province level and normalized on population is associated with a variety of positive outcomes. At household level, income and expenditures per capita are higher and poverty incidence is lower. At individual level, non-farm employment and wages are higher. And at commune level, in-migration is higher. However, although these improvements register as statistically signficant, the magnitudes in economic terms are modest.
KW - Economic integration
KW - Foreign direct investment
KW - Household welfare
KW - Poverty
KW - Vietnam
UR - http://www.scopus.com/inward/record.url?scp=85069976713&partnerID=8YFLogxK
U2 - 10.1016/j.asieco.2019.07.003
DO - 10.1016/j.asieco.2019.07.003
M3 - Article
AN - SCOPUS:85069976713
SN - 1049-0078
VL - 64
JO - Journal of Asian Economics
JF - Journal of Asian Economics
M1 - 101130
ER -