The long-term effects of war on foreign direct investment and economic development: evidence from Vietnam

IF 5.7 1区经济学 Q1 ECONOMICS

Journal of Urban Economics Pub Date : 2024-06-28 DOI:10.1016/j.jue.2024.103680

Cuong Viet Nguyen , Tuyen Quang Tran , Huong Van Vu

引用次数: 0

Abstract

In this study, we find a negative effect of unexploded ordnance (UXO) on the geographical density of foreign direct investment and large firms in Vietnam. A 1 % increase in the proportion of UXO-contaminated areas leads to a 0.69 % relative decrease in the density of FDI firms within districts. Point estimates for the elasticity of the density of joint-venture FDI firms and state-owned enterprises (SOEs) due to UXO are smaller, equal to -0.56 and -0.36. Moreover, we also find that a 1 % increase in the proportion of UXO-contaminated areas leads to a 0.38 % relative decrease in the intensity of nighttime light.

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战争对外国直接投资和经济发展的长期影响：来自越南的证据

在这项研究中，我们发现未爆弹药（UXO）对越南外商直接投资和大型企业的地理密度有负面影响。未爆弹药污染区的比例每增加 1%，各区内外国直接投资企业的密度就会相对降低 0.69%。未爆弹药对合资外国直接投资企业和国有企业密度弹性的点估计值较小，分别为-0.56和-0.36。此外，我们还发现，未爆弹药污染区比例每增加 1%，夜间照明强度就会相对降低 0.38%。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Urban Economics Multiple-

CiteScore

10.60

自引率

4.80%

发文量

期刊介绍： The Journal of Urban Economics provides a focal point for the publication of research papers in the rapidly expanding field of urban economics. It publishes papers of great scholarly merit on a wide range of topics and employing a wide range of approaches to urban economics. The Journal welcomes papers that are theoretical or empirical, positive or normative. Although the Journal is not intended to be multidisciplinary, papers by noneconomists are welcome if they are of interest to economists. Brief Notes are also published if they lie within the purview of the Journal and if they contain new information, comment on published work, or new theoretical suggestions.