The impact of institutional quality on the united states’ foreign direct investment (FDI) flows into ASEAN countries
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Từ khóa:
FDI
Institutional quality
Gravity model
ASEAN
The United States
Tóm tắt
This research investigates the impact of institutional quality on US foreign direct investment (FDI) inflows to ASEAN countries, using data from 9 ASEAN nations (excluding Myanmar) from 1996 to 2020. The study applies the gravity model, Principal Component Analysis (PCA), and Poisson Pseudo Maximum Likelihood (PPML) regression. The results reveal that institutional factors such as the rule of law, control of corruption, government effectiveness, regulatory quality, and political stability significantly and positively influence US FDI, while voice and accountability have a negative effect. Additionally, the study identifies that the inflation rate, language, geographical distance, and market size of ASEAN countries positively affect FDI, whereas trade openness and the US-China trade war have a negative impact. Based on empirical findings, several recommendations are suggested to attract the US FDI from the perspective of developing countries in general and Vietnam in particular.
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Jun 30, 2025
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Ngan, D. B. T., và H. T. D. Linh. “The Impact of Institutional Quality on the United states’ Foreign Direct Investment (FDI) Flows into ASEAN Countries”. Tạp Chí Khoa học Và Công nghệ - Đại học Đà Nẵng, vol 23, số p.h 6B, Tháng Sáu 2025, tr 61-67, doi:10.31130/ud-jst.2025.23(6B).212E.
