{"id":19677,"date":"2024-04-05T21:33:29","date_gmt":"2024-04-05T21:33:29","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/the-impact-of-institutional-quality-on-vietnams-trade-a-gravity-model-analysis\/"},"modified":"2024-04-05T21:33:29","modified_gmt":"2024-04-05T21:33:29","slug":"the-impact-of-institutional-quality-on-vietnams-trade-a-gravity-model-analysis","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/the-impact-of-institutional-quality-on-vietnams-trade-a-gravity-model-analysis\/","title":{"rendered":"The impact of institutional quality on Vietnam’s trade: A Gravity model analysis"},"content":{"rendered":"

My thesis will concentrate on
\nstudying the impact of institutional quality on Vietnam’s exports and imports
\nin recent years. Vietnam has been deeply affected by the Vietnam War and
\ndiplomatic closures, enduring long periods of American sanctions. However, in
\nrecent decades, significant efforts have been made by national authorities to
\nimprove their governance indicators. Trade policy has facilitated the opening
\nof import and export channels for Vietnam, creating numerous opportunities. <\/span>I applying
\nthe gravity model to imvestigate how the Vietnam\u2019s institutional trade affects
\nits trade relations with the nations.<\/span><\/span><\/b><\/p>\n

 <\/span><\/b><\/p>\n

Working hypotheses:<\/span><\/b><\/p>\n

1.    
\n<\/span><\/span><\/span>Hypothesis
\n#1:<\/span> Institutional quality has a positive impact on Vietnam’s trade<\/a><\/span>[MP1]<\/a> <\/span><\/span><\/span><\/span><\/p>\n

2.    
\n<\/span><\/span><\/span>Hypothesis
\n#2:<\/span> <\/span>The impact of institutional quality on Vietnam’s trade is mediated by its geographical proximity
\nto trading partners, <\/a><\/span>[MP2]<\/a> <\/span><\/span><\/span>with
\nstronger effects observed for neighboring countries.<\/span><\/span><\/p>\n

3.    
\n<\/span><\/span><\/span>Hypothesis
\n#3:<\/span> <\/span>Institutional quality positively influences trade diversification, leading
\nto a broader range of export and import partners for Vietnam.<\/span><\/span><\/p>\n

Methodology:<\/span><\/b><\/p>\n

 <\/span><\/p>\n

I am using a dataset from 2012 to 2022, focusing on trade
\nflows in Vietnam. I will apply the Gravity model to analyze the trade
\ndata between Vietnam and its trading partners, <\/a><\/span>[MP3]<\/a> <\/span><\/span><\/span>aiming to
\nexamine the impact of institutional quality on trade. The study seeks to
\ndetermine how various factors, such as GDP, distance, population, trade rate,
\nand institutional
\nquality<\/a><\/span>[MP4]<\/a> <\/span><\/span><\/span>, influence
\nVietnam’s export and import flows.<\/span><\/p>\n

 <\/span><\/p>\n

Outline:<\/span><\/b><\/span><\/p>\n

1.    
\n<\/span><\/span><\/span>Introduction <\/span><\/p>\n

2.    
\n<\/span><\/span><\/span>Literature review<\/span><\/p>\n

a.    
\n<\/span><\/span><\/span>Gravity model theory<\/span><\/p>\n

b.    
\n<\/span><\/span><\/span>Trade theory<\/span><\/p>\n

3.    
\n<\/span><\/span><\/span>Methodology<\/span><\/p>\n

a.    
\n<\/span><\/span><\/span>Data<\/span><\/p>\n

b.    
\n<\/span><\/span><\/span>General description<\/span><\/p>\n

4.    
\n<\/span><\/span><\/span>Result<\/span><\/p>\n

5.    
\n<\/span><\/span><\/span>Conclusion <\/span><\/p>\n

 <\/span><\/p>\n

 <\/span><\/p>\n

References
\n\/ Bibliography:<\/span><\/b><\/p>\n

1.    
\n<\/span><\/span><\/span>Abreo,
\nC., Bustillo, R., & Rodriguez, C. (2021). The role of institutional quality
\nin the international trade of a Latin American country: evidence from Colombian
\nexport performance. Journal of Economic Structures<\/i>, 10<\/i>(1),
\n1-21.<\/span><\/span><\/p>\n

2.    
\n<\/span><\/span><\/span>\u00c1lvarez,
\nI. C., Barbero, J., Rodr\u00edguez-Pose, A., & Zof\u00edo, J. L. (2018). Does
\ninstitutional quality matter for trade? Institutional conditions in a sectoral
\ntrade framework. World Development<\/i>, 103<\/i>, 72-87.<\/span><\/span><\/p>\n

3.    
\n<\/span><\/span><\/span>Oanh, T. H., & yen, N. (2020). The
\ninstitutional quality and trade: Evidence from Vietnam. International
\nJournal of Economics and Management Studies<\/i>, 7<\/i>(5), 123\u2013130.
\ndoi:10.14445\/23939125\/ijems-v7i5p119 <\/span><\/p>\n

4.    
\n<\/span><\/span><\/span>M\u00e9on,
\nP. G., & Sekkat, K. (2008). Institutional quality and trade: which
\ninstitutions? Which trade?. Economic Inquiry<\/i>, 46<\/i>(2),
\n227-240.<\/span><\/span><\/p>\n

5.    
\n<\/span><\/span><\/span>Gani,
\nA., & Prasad, B. C. (2006). Institutional quality and trade in Pacific
\nIsland countries.<\/span><\/span><\/p>\n

 <\/span><\/p>\n

 <\/span><\/p>\n

 <\/span><\/p>\n

\n
\n
\n
<\/a><\/span><\/p>\n

 [MP1]<\/a><\/span><\/span><\/span>I would be more specific: it increases exports (or imports). In
\nother words, mention a variable which will be measured in the model.<\/span><\/p>\n<\/div>\n<\/div>\n

\n
<\/a><\/span><\/p>\n

 [MP2]<\/a><\/span><\/span><\/span>Let\u00b4s talk about it in person. That can be little bit tricky but why
\nnot. Some cross products shall handle it.<\/span><\/p>\n<\/div>\n<\/div>\n

\n
<\/a><\/span><\/p>\n

 [MP3]<\/a><\/span><\/span><\/span>I think we would need to utilize bilateral dataset. E.g. the one on
\ngravity model from CEPII. So just for you to know how the model would look
\nlike.<\/span><\/p>\n<\/div>\n<\/div>\n

\n
<\/a><\/span><\/p>\n

 [MP4]<\/a><\/span><\/span><\/span>Have you thought about institutional indicators? I discussed that couple
\nof weeks ago with my colleague (we are working on a paper using institutional
\nindicators) and we arrived to conclusion of using WGI (World Bank), Economic
\nComplexity Index and V-DEM. VDEM has also much larger time-series than WGI.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

My thesis will concentrate on studying the impact of institutional quality on Vietnam’s exports and imports in recent years. Vietnam has been deeply affected by the Vietnam War and diplomatic closures, enduring long periods of American sanctions. However, in recent decades, significant efforts have been made by national authorities to improve their governance indicators. Trade […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[43],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/19677"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=19677"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/19677\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=19677"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=19677"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=19677"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=19677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}