The Impact Of State Budget Revenue On Economic Growth

Authors

  • Hoa Thi Nguyen

Keywords:

budget revenue, economic growth, state budget revenue, Vietnam

Abstract

The study of the impact of state budget revenue on economic growth has an important role in evaluating state budget revenue effectiveness. The article evaluates the state budget revenue and tests the impact of state budget revenues on Vietnam's economic growth. With data collected for Vietnam from 1990 to 2019. The research variables are state budget revenue and Exchange rate, net domestic investment growth with the stationary test, and Autoregression distribution lag regression (ARDL). The ARDL model analysis results show that in the short-term, state budget revenue and exchange rate have a negative impact on the economic growth of Vietnam. In the long-term, state budget revenue and net domestic investment growth have a positive impact on economic growth, while the exchange rate does not affect economic growth. From these research results, the author also gives some policy implications based on state budget revenue, exchange rate, and net domestic investment growth to promote Vietnam's economic development sustainably.

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Published

2021-02-28

How to Cite

Nguyen, H. T. . (2021). The Impact Of State Budget Revenue On Economic Growth. The Journal of Contemporary Issues in Business and Government, 27(1), 3393–3404. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/799

Issue

Vol. 27 No. 1 (2021): The journal of contemporary issues in business and government

Section

Articles

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