Determinants of economic growth in the Mekong Delta provinces

Le Minh Son * and Bui Kieu Anh

* Corresponding author (sonlm.vids@mpi.gov.vn)

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Received: 15 Aug 2019
Revised: 02 Dec 2020
Accepted: 31 Mar 2020
Published: 31 Mar 2020
DOI: 10.22144/ctu.jen.2020.003
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Le, M. S., & Bui, K. A. (2020). Determinants of economic growth in the Mekong Delta provinces. CTU Journal of Innovation and Sustainable Development , 12(1), 16-29. https://doi.org/10.22144/ctu.jen.2020.003
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Vol. 12 No. 1 (2020)

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Abstract

The paper, based on the database of 13 provinces in the Mekong Delta in the period of 2010 - 2016, is aimed at analysing the relationship between per capita GRDP growth and the ratio of local investment capital, foreign direct investment and local government expenditure to GRDP, population and human capital (proxied by Labour Training Index - a component of Vietnam Provincial Competitiveness Index), infrastructure and spatialstructure. Multivariate regression results showed little evidence for positive impact of implemented FDI to GRDP per capita, negative impacts of government spending on education, training, vocation, science and techonology to GRDP per capita, in the short-term. Labour quality, infrastructure and spatial concentration are shown to have positive impacts to economic growth. Policy recommendations to the region GRDP growth were then proposed. 
Keywords: Economic growth, Mekong River Delta, GRDP per capita

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