Exports and Long‑run Growth in Vietnam, 1975–2001

Abstract

Employing different representative approaches and modern time series methods, this study attempts to examine the prospective long-term relationship between exports and growth in Vietnam during 1975-2001. The general conclusion of the study is that, despite the fact that the export sector has been very robust in the last decade or so, as represented by the large and increasing export share in the Vietnamese economy, there is no firm econometric evidence to suggest that the export sector has imparted a dynamic contribution to other sectors of the economy. The study also offers a number of explanations and discusses briefly some policy implications with respect to the role of exports in economic development in Vietnam.