Spatial regional spillover of economic growth: Evidence from Vietnamese provinces

Authors

  • Manh Cuong Dong VNU University of Economics and Business, Vietnam National University, Hanoi, Vietnam
  • Dao Thi Bich Thuy VNU University of Economics and Business, Vietnam National University, Hanoi, Vietnam
  • Thuy Linh Cao Faculty of Business, FPT University, Hanoi, Vietnam

Keywords:

Spatial spillover, economic growth, spatial autoregressive model, economic linkages

Abstract

This study examines the spatial spillover of economic growth among provinces in seven Vietnamese socio-economic regions. Using the spatial autoregressive (SAR) model, the empirical results show regional, solid economic linkages among provinces within the same region. However, the spillover of growth in economic size (GDP) seems stronger than the transmission of growth in living standards (GDP per capita). The economic growth linkages are stronger in regions with a higher level of economic development. Our results also indicate that geographical location and regional culture can drive the differences in economic connections among areas.

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Published

2022-12-19

How to Cite

Cuong Dong, M., Thi Bich Thuy, D., & Linh Cao, T. (2022). Spatial regional spillover of economic growth: Evidence from Vietnamese provinces. SOUTHEAST ASIAN JOURNAL OF ECONOMICS, 10(3), 199–226. Retrieved from https://so05.tci-thaijo.org/index.php/saje/article/view/262740

Issue

Vol. 10 No. 3 (2022): Southeast Asian Journal of Economics, Vol.10 No.3 (December 2022)

Section

Original Articles

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Copyright (c) 2022 SOUTHEAST ASIAN JOURNAL OF ECONOMICS

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