Tác động bất cân xứng của tự do hóa tài chính đối với tăng trưởng kinh tế tại Việt Nam
DOI:
https://doi.org/10.24311/jabes/2022.33.1.05Từ khóa:
Tự do hóa tài chính, Tăng trưởng kinh tế, NARDL, Việt NamTóm tắt
Bài viết này nghiên cứu tác động của tự do hóa tài chính đến tăng trưởng kinh tế tại Việt Nam, bằng cách sử dụng dữ liệu chuỗi thời gian trong giai đoạn từ quý 1 năm 2000 đến quý 1 năm 2020. Mô hình NARDL được sử dụng để xem xét tác động bất cân xứng của các biến tăng trưởng cung tiền mở rộng, lãi suất cho vay và tỷ giá USD/VND đến tăng trưởng kinh tế của Việt Nam. Kết quả của nghiên cứu này chỉ ra tác động cân bằng ngắn hạn và dài hạn chung giữa tự do hóa tài chính và tăng trưởng kinh tế. Tác động của tự do hóa tài chính đối với tăng trưởng kinh tế ghi nhận những hiệu ứng tích cực và những hiệu ứng tiêu cực đối với tăng trưởng kinh tế. Các khuyến nghị chính sách đối với Việt Nam bao gồm tự do hóa tài chính theo lộ trình và chú trọng đến các chính sách điều hành thị trường tài chính được đề xuất.
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