Economic Factors and FDI (Foreign Direct Investment) Correlations
Overview
Welcome to the repository exploring the correlation between market size, labor quality, and Foreign Direct Investment (FDI) in various provinces of Vietnam. This research employs regression analysis, specifically utilizing Linear and Ridge Regression models. By comparing the coefficients of economic factors, our goal is to illuminate the complex relationships between market size, labor quality, and FDI inflows in different provinces.
Objectives
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Regression Models: Implementation of Linear and Ridge Regression models for exploring and quantifying relationships among market size, labor quality, and FDI.
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Coefficient Comparison: Rigorous analysis comparing the coefficients of economic factors to identify key drivers and understand the nuanced dynamics influencing investment patterns.