TY  - JOUR
T1  - The Impact of Labor Force on Economic Growth in Vietnam
AU - Huu Cung, Nguyen AU - Hai Hung, Do 
JO  - International Business Management
VL  - 14
IS  - 10
SP  - 346
EP  - 352
PY  - 2020
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2020.346.352
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2020.346.352
KW  - Labor force
KW  -FDI
KW  -Vietnam
KW  -annual inflation rate
KW  -Economic growth
AB  - The effectiveness of savings investment and
labor force (including Foreign investment and aid) is
central to promoting economic growth while other factors
play a certain role in economic growth such as geographic
location, natural features, natural resources, economic and
political stability, educational and medical capacity,
policy institution. The purpose of this study is to analyze
the impact of labor force and several other factors on
economic growth in Vietnam. The empirical model is
employed to perform regression and correlation on the
effect of labor force, Foreign direct investment, exports
and inflation on Vietnam’s economic growth by using a
secondary time series data set during the period
1998-2018. The results find that both labor force and
Foreign direct investment have a positive influence on
economic growth at a 1% significance level while exports
of goods and services has a positive impact on economic
growth at a 10% significance level, annual inflation rate
has a negative impact on economic growth at a 1%
significance level. These findings are in line with
economic theory and hold important policy implications
for Vietnam.
ER  -