Template-type: ReDIF-Paper 1.0
Author-Name: Osamu Nakamura
Author-Name-First: Osamu
Author-Name-Last: Nakamura
Author-Email: osamu@iuj.ac.jp
Author-Workplace-Name: International University of University
Author-Workplace-Homepage: http://www.iuj.ac.jp/
Title: Aggregate Demand, Aggregate Supply and Economic Growth of Vietnam: Theory and evidence on an econometric analysis
Abstract: This paper examines the determinants of economic growth of Vietnam focusing on an aggregate demand and aggregate supply with an econometric  analysis. According to the regression and scenario simulation analysis, we can see that although the Vietnamese economy has achieved steady growth since Doi Moi, the supply-side is still too weak to meet the demand-side increases, which results in the macro imbalances including trade deficit and inflation as experienced in 2007-08. FDI inflows have played a significant role to strengthen the supply-side economy so that the Vietnamese government needs to improve her environments to attract foreign capital inflows for sustainable growth.
Classification-JEL: C53, F21, O11
Length: 25 pages
Creation-Date: 2011-03
Number: EMS_2011_08
File-URL: https://www.iuj.ac.jp/workingpapers/index.cfm?File=EMS_2011_08.pdf
File-Format: Application/pdf
File-Function: First version, 2011
File-Size: 332KB
Keywords: aggregate demand, aggregate supply, macro econometric model, FDI, scenario simulation
Handle: RePEc:iuj:wpaper:EMS_2011_08