Skip to main navigation Skip to search Skip to main content

The Impact of Governance Effectiveness on Economic Growth: Insights from the Vietnam Provincial Competitiveness Index 2007-17

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

Abstract

Provincial Competitiveness Index (PCI) survey data and government economic data from Vietnam are used to examine the relationship between economic growth and two indicators of governance effectiveness: efficacy at working with central government drafted legislation and creativity in solving business problems. Examining all of Vietnam 's sixty-three provinces over eleven years (2007 to 2017), this study's analysis finds a significant association between economic growth and both measures of governance effectiveness, with a stronger magnitude for more industrialized provinces. This finding suggests that efforts to improve governance effectiveness and creativity in less industrialized provinces may fail to have desired economic impact, pointing to deeper structural constraints. © 2022 ISEAS - Yusof Ishak Institute.
Original languageEnglish
Pages (from-to)111-126
JournalJournal of Southeast Asian Economies
Volume39
Issue number2
DOIs
Publication statusPublished - Aug 2022
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Research Keywords

  • Decentralization
  • Economic development
  • Governance
  • Vietnam

Fingerprint

Dive into the research topics of 'The Impact of Governance Effectiveness on Economic Growth: Insights from the Vietnam Provincial Competitiveness Index 2007-17'. Together they form a unique fingerprint.

Cite this