Research & Publication

Key Research Areas

Members of the BERG have been defining and developing research expertise in the following areas:

  • Asset pricing (Cost of Capital/Capital Asset Pricing Models) & Economic Regulation
  • Risk (VaR, Distance to Default, Financial Distress)
  • Fiscal Federalism/Decentralization & Inequality
  • International Economics and Finance
  • Agriculture
  • Energy & Climate Change

Recent Funding

Projects receiving funding from the National Foundation for Science and Technology Development (NAFOSTED)

  • Financial Inclusion and Corporate Social Responsibility in the Banking Sector in Vietnam [Lead Investigator: Dr. Van Thi Hong Loan]
  • Gender-Based Inequality in Income & Wealth in Vietnam [Lead Investigator: Dr. Vo Hong Duc]

Projects receiving funding from the Ministry of Education and Training (MOET)

  • Resolutions to ensure gender equality in Wealth and Income in Vietnamese Households [Lead Investigator: Dr. Vo Hong Duc]

Projects receiving funding from Ho Chi Minh City Open University (OU)

  • The impact of derivatives markets on growth in top economies in the short-run and long-run: Policy implication for Vietnam and emerging countries [Lead Investigator: Dr. Vo Hong Duc]
  • An optimised portfolio of agriculture products [Lead Investigator: Dr. Vo Hong Duc]
  • A new approach to measuring the commodity market risks [Lead Investigator: Dr. Vo Hong Duc]
  • A New Approach in Determining Credit Rating for the Commercial Banks in Vietnam [Lead Investigator: Dr. Vo Hong Duc]
  • Corporate Governance and Firms’ Performance: Empirical Evidence from Vietnam [Lead Investigator: Dr. Vo Hong Duc]
  • Systematic risk in some sectors in China and ASEAN [Lead Investigator: Pham Ngoc Thach]
  • An Economic Impact of An Increase in Retirement Age in Vietnam [Lead Investigator: Pham Ngoc Thach]
  • The development of derivatives markets in emerging countries: Theoretical and empirical evidence and policy implication for Vietnam [Lead Investigator: Vo The Anh]
  • An Understanding of Exchange Rate and Economic Integration in Vietnam [Lead Investigator: Vo The Anh]
  • Financial development and inequality nexus: A new approach [Lead Investigator: Nguyen Cong Thang]
  • The Impact of Agricultural Shocks on Crude Oil Price Fluctuations [Lead Investigator: Vu Ngoc Tan]

Selected Publications
  1. Anh T. Vo, Chi M. Ho and Duc H. Vo (2019) “Understanding the Exchange Rate Pass-through to Consumer Prices in Vietnam using SVAR Approach”, International Journal of Emerging Markets [SSCI and Scopus, Impact Factor of 2.3].
  2. Duc H. Vo, Phuc V. Nguyen, Ha M. Nguyen, Anh T. Vo, and Thang C. Nguyen (2019) “Derivatives Market and Economic Growth Nexus: Policy Implications for Emerging Markets”, The North American Journal of Economics and Finance [SSCI, Impact Factor of 1.2 and ranked A].
  3. Duc H. Vo, Anh T. Vo, and Zhaoyong Zhang (2019) “Exchange Rate Volatility and Disaggregated Manufacturing Exports: Evidence from an Emerging Country”, Journal of Risk and Financial Management, Vol. 12, pp. 12-37, 2019 [ISI ESCI].
  4. Duc H. Vo; Thuan Nguyen; Dao Thi-Thieu Ha and Ngoc Phu Tran (2019) “The Disparity of Revenue and Expenditure among Subnational Governments in Vietnam”, Emerging Markets Finance and Trade, 2019 [SSCI, IF of 0.84]
  5. Anh T. Vo, Loan T. H. Van, Duc H. Vo & Michael McAleer (2019) “Financial Inclusion and Macroeconomic Stability in Emerging and Frontier Markets”, Annals of Financial Economics [ISI ESCI].
  6. Robert J. Powell, Thach N. Pham, Duc H. Vo (2019) “Cattle as a Consistently Resilient Agricultural Commodity”, Applied Economics [SSCI and ranked A].
  7. Duc H. Vo, Tan N. Vu, Anh, T. Vo & Michael McAleer (2019) “Modelling the Relationship between Crude Oil and Agricultural Commodity Prices, Energies [SSIE & Impact Factor of 3.01].
  8. Anh Hoang To, Dao Thi-Thieu Ha, Ha Minh Nguyen and Duc Hong Vo (2019) “The Impact of Foreign Direct Investment on Environment Degradation: Evidence from Emerging Markets in Asia”, International Journal of Environmental Research and Public Health, [SSCI SSIE & Impact Factor of 2.145].
  9. Long Hai Vo and Duc Hong Vo (2019) “Application of Wavelet-Based Maximum Likelihood Estimator in Measuring Market Risk for Fossil Fuel”, Sustainability [SSIE SSCI & Impact Factor of 2.1].
  10. Duc H. Vo, Vuong M. Nguyen, Phat T. Q. Le, Thach N. Pham (2019) “The Determinants of Financial Instability in Emerging Markets, Annals of Financial Economics, 2019 [ISI ESCI].
  11. Phuc V. Nguyen and Duc H. Vo (2019) “Macroeconomics Determinants of Exchange Rate Pass-through: New Evidence from the Asia-Pacific Region”, Emerging Markets Finance and Trade, 2019 [SSCI, IF of 0.84]
  12. Thang C. Nguyen, Tan N. Vu, Trung T. Do, Vuong M. Nguyen and Duc H. Vo (2019) “Systematic Risk in the Asia Pacific Region: A Clinical Death?” Review of Pacific Basin Financial Markets and Policies [ISI ESCI].
  13. Duc Hong Vo and Thach Ngoc Pham (2019) “Ageing Population and Economic Growth in Developing Countries A Quantile Regression Approach”, Emerging Markets Finance and Trade, 2019 [SSCI, IF of 0.84].
  14. Duc H. Vo, Son V. Huynh, Anh T. Vo, and Dao T. T. Ha (2019) “The Importance of the Financial Derivatives Markets to Economic Development in the World’s Four Major Economies”, Applied Econometrics, Vol. 12, pp. 35-53, 2019 [ISI ESCI].
  15. Ha Minh Nguyen, Trong Hoang Bui and Duc Hong Vo (2019) “The Nexus between Economic Integration and Growth: Application to Vietnam”, Annals of Financial Economics, 2019, [F].
  16. Duc H. Vo, Tuan V. Quang, and Trung V-T Pham (2019) “Sectoral Risks in Vietnam and Malaysia: A Comparative Analysis”, Advances in Decision Sciences [Scopus].
  17. Thang C. Nguyen, Anh T. Vo, Thach N. Pham, Trung T. Do, and Duc H. Vo (2019) “Gender-based Attitudes toward Income Inequality in the Asia-Pacific Region”, Emerging Markets Finance and Trade, 2019 [SSCI, IF of 0.84].
  18. Duc H. Vo and Thach N. Pham (2019) “The Impact of Earnings from Elderly Women on Household Income Inequality in Vietnam”, International Journal of Business and Society [Scopus].
  19. Thach N. Pham and Duc H. Vo (2019) “Estimating Sectoral Systematic Risk for China, Malaysia, Singapore, and Thailand”, Annals of Financial Economics, 2019, [ISI ESCI].
  20. Duc H. Vo, Thang C. Nguyen, and Anh T. Vo (2019) “What Factors Affect Income Inequality and Economic Growth in Middle-income Countries?”, Applied Econometrics [ISI ESCI].
  21. Loan Thi-Hong Van, Hoang H. Vu and Duc H. Vo (2019) “Corporate Social Responsibility: A Study on Consumer Awareness in Vietnam” Review of Pacific Basin Financial Markets and Policies [ISI ESCI].
  22. Duc Hong Vo and Dai Binh Tran (2019) “The Determinants of Gender Income Inequality in Vietnam: A Longitudinal Data Analysis”, Emerging Markets Finance and Trade, 2019 [SSCI, IF of 0.84].
  23. Ha M. Nguyen, Duc H. Vo and Michael McAleer (2019) “Energy Consumption and Economic Growth: Evidence in Vietnam”, Journal of Reviews on Global Economics [Scopus].
  24. Tung Dang-Thanh Nguyen, Anh The Vo and Duc Hong Vo (2019) “The Determinants of Systematic Risks in Vietnam”, Advances in Decision Sciences [Scopus].
  25. Dai B. Tran and Duc H. Vo (2018) “Should Bankers Be Concerned with Intellectual Capital? A Study of the Thai Banking Sector”, Journal of Intellectual Capital, 19, pp. 897-914, 2018 [SSCI, IF of 3.6]
  26. Anh T. Vo, Quan T. T. Le, Phuc V. Nguyen, Chi M. Ho, Duc H. Vo (2018) “Exchange Rate Pass-through in ASEAN Countries: An Application of the SVAR Model”, Emerging Markets Finance and Trade, 2018 [SSCI, IF of 0.84]
  27. Binh V. N. Pham, Trung T. Do, Duc H. Vo (2018) “Financial Distress and Bankruptcy Prediction: An Appropriate Model for Listed Firms in Vietnam”, Economic Systems, 42, pp. 616-624, 2018 [SSCI]
  28. Duc H. Vo, Thach N. Pham., Trung V. T. Pham, Loc M. Truong, and Thang C. Nguyen (2018) “Risk, Return and Portfolio Optimization for Various Industries in the ASEAN Region”, Borsa Istanbul Review, 2018 [ISI ESCI Scopus].
  29. Robert J. Powell, Duc H. Vo, and Thach N. Pham (2018) “Do Nonparametric Measures of Extreme Equity Risk Change the Parametric Ordinal Ranking? Evidence from Asia”, Risks, Vol. 6, pp. 121-143, 2018 [ISI ESCI].
  30. Thach N. Pham, Vuong M. Nguyen, and Duc H. Vo (2018) “The Cross-section of Expected Stock Returns: New Evidence from an Emerging Market”, Emerging Markets Finance and Trade, 54, pp. 3566-3576, 2018 [SSCI, IF of 0.84]
  31. Robert J. Powell and Duc H. Vo (2017) “Road Rules for Macro Stress Testing in a Developing Region”, Economic Modelling, 2017 [SSCI, IF of 1.8 and ranked A].
  32. Robert J. Powell, Duc H. Vo, and Thach N. Pham (2017) “The Long and Short of Commodity Tails and their Relationship to Asian Equity Market”, Journal of Asian Economics, Vol. 52, pp. 32-44, October 2017 [SSCI, Scopus & ranked A].
  33. Robert J. Powell, Duc H. Vo, and Thach N. Pham. (2017) “A Dataset on Tail Risk of Commodities Markets”, Data in Brief, October 2017 [ISI Scopus].
  34. Robert J. Powell, Duc H. Vo, and Thach N. Pham. (2017) “Economic Cycles and Downside Commodities Risk”, Applied Economics Letters, [SSCI].
  35. Duc H. Vo and Thach N. Pham (2017), “Systematic Risk in Energy Businesses: Empirical Evidence for the ASEAN”, International Journal of Economics and Financial Issues, 2017, 7(1), 553-565, January 2017 [Scopus].
  36. Thach N. Pham and Duc H. Vo (2017). Equity Beta for Regulated Energy Businesses in Australia: A Revisit. International Journal of Energy Economics and Policy7(6), 11-18, [Scopus (Quarter 1)].
  37. Vo, Hong Duc and Vo, The Anh (2017), ”Currency Evaluation using a Big Mac Index for Thailand – Lessons for Vietnam”, Economics Bulletin, Volume 37, Issue 2, pages 999-1011, May 2017 [Scopus].
  38. Vo, Hong Duc; Nguyen, Cong Thang; Pham, Ngoc Thach; Vo, The Anh and Vu, Ngoc Tan (2019). “Understanding Key Drivers of Attitudes towards Income Inequality in the Asia Pacific Region”, Journal of Science, in English.
  39. Vo, Hong Duc and Pham, Ngoc Thach (2019). “Wealth Gap in the Vietnamese Households: A Gender-based Approach”, Journal of Economics and Development.
  40. Vo, Hong Duc; Nguyen, Cong Thang; Ho, Minh Chi; Vo, The Anh; Pham, Ngoc Thach (2018). “Gender-based income inequality and provincial economic growth in Vietnam” Journal of Science, 63(6), pp. 43-55, November 2018.
  41. Tran, Phu Ngoc and Vo, Hong Duc (2017). “A large scale of agriculture model: An empirical study in An Giang, Vietnam” Journal of Science, 56(5), pp. 89-101, September 2017.
  42. Vo, The Anh and Vo, Hong Duc (2016). “Trade balance and exchange rate in Thailand & the implications for Vietnam: An application using instrumental variable and the heterogeneous panel cointegration methods”, Journal of Economic Development, 23, 137-160, January 2016, in English.