The impact of foreign direct investment and public governance on the shadow economy in emerging asian countries

• Autorzy: Thuong Nguyen Thi , My-Linh Thi Nguyen

Identyfikatory

DOI

10.17512/pjms.2025.31.1.17

Warianty tytułu

PL

Wpływ bezpośrednich inwestycji zagranicznych i zarządzania publicznego na gospodarkę nieformalną w krajach rozwijających się w Azji

• Języki publikacji: EN

Abstrakty

EN

This study investigates the influence of public administration and foreign direct investment (FDI) on the magnitude of the unobserved economy within emerging Asian economies. Employing a panel data regression methodology, supplemented by a two-step Generalized Method of Moments (GMM) to address potential model limitations, the research analyzes data from 2002 to 2020. The selected economies comprise China, India, Indonesia, Iran, Malaysia, Thailand, Saudi Arabia, the Philippines, the United Arab Emirates (UAE), and Vietnam. The novelty of the study is the simultaneous consideration of the impact of both public administration and FDI variables on the size of the unobserved economy in this region. The findings indicate a robust negative correlation between public administration quality and FDI inflows and the size of the unobserved economy within this group of nations. Furthermore, GDP per capita and trade openness exhibit negative associations with the unobserved economy, while unemployment and inflation demonstrate positive correlations. Based on these findings, the study proposes policy recommendations aimed at enhancing the management of the unobserved economy through improvements in public administration effectiveness and the implementation of strategic FDI attraction policies.

PL

Niniejsze badanie analizuje wpływ administracji publicznej i bezpośrednich inwestycji zagranicznych (BIZ) na wielkość nieobserwowanej gospodarki w rozwijających się gospodarkach azjatyckich. Wykorzystując metodologię regresji danych panelowych, uzupełnioną dwuetapową uogólnioną metodą momentów (GMM) w celu uwzględnienia potencjalnych ograniczeń modelu, w badaniu przeanalizowano dane z lat 2002-2020. Wybrane gospodarki obejmują Chiny, Indie, Indonezję, Iran, Malezję, Tajlandię, Arabię Saudyjską, Filipiny, Zjednoczone Emiraty Arabskie (ZEA) i Wietnam. Nowatorski charakter badania polega na jednoczesnym uwzględnieniu wpływu zarówno zmiennych związanych z administracją publiczną, jak i BIZ na wielkość gospodarki nieobjętej statystykami w tym regionie. Wyniki wskazują na silną ujemną korelację między jakością administracji publicznej a napływem BIZ a wielkością gospodarki nieobjętej statystykami w tej grupie krajów. Ponadto PKB na mieszkańca i otwartość handlu wykazują ujemną korelację z gospodarką nieobserwowalną, podczas gdy bezrobocie i inflacja wykazują korelacje dodatnie. Na podstawie tych ustaleń w badaniu zaproponowano zalecenia polityczne mające na celu poprawę zarządzania gospodarką nieobserwowalną poprzez zwiększenie skuteczności administracji publicznej i wdrożenie strategicznych polityk przyciągania BIZ.

Słowa kluczowe

EN

FDI; institutional quality; shadow economy; emerging market; public governance

PL

BIZ; jakość instytucji; gospodarka nieformalna; rynki wschodzące; zarządzanie publiczne

• Wydawca: Czestochowa University of Technology
• Czasopismo: Polish Journal of Management Studies
• Rocznik: 2025
• Tom: Vol. 31, No. 1
• Strony: 300--318
• Opis fizyczny: Bibliogr. 50 poz., tab.

Twórcy

autor

Thuong Nguyen Thi

• Industrial University of Ho Chi Minh City, Vietnam, PhD Candidate, University of Finance - Marketing, Vietnam

• https://orcid.org/0000-0001-7223-4840

autor

My-Linh Thi Nguyen

• University of Finance - Marketing, Vietnam

• https://orcid.org/0000-0001-7475-2502

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Uwagi

Opracowanie rekordu ze środków MNiSW, umowa nr POPUL/SP/0154/2024/02 w ramach programu "Społeczna odpowiedzialność nauki II" - moduł: Popularyzacja nauki (2025).