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Abstract

This paper examines the relationship between budget deficit and economic growth in Vietnam, using VAR model. The results indicate that the relationship between budget deficit and economic growth is not clear. However, gross investment has a causal relationship with budget deficit and economic growth. The government should, therefore, implement and control the investment flows as well as effectively manage budget deficit in order to achieve a stable growth in the coming years.

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Issue: Vol 18 No 2 (2015)
Page No.: 79-90
Published: Jun 30, 2015
Section: Economics, Law and Management - Research article
DOI: https://doi.org/10.32508/stdj.v18i2.1125

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Copyright: The Authors. This is an open access article distributed under the terms of the Creative Commons Attribution License CC-BY 4.0., which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

 How to Cite
Huynh, N., Nguyen-Le, T.-N., & Le, N. (2015). RELATIONSHIP BETWEEN BUDGET DEFICIT AND ECONOMIC GROWTH IN VIETNAM. Science and Technology Development Journal, 18(2), 79-90. https://doi.org/https://doi.org/10.32508/stdj.v18i2.1125


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