Analysing effect of export and import on GDP of Vietnam by using Cobb - Douglas function form

Abstract

    GDP is an important economic variable which characterize the wealth of a country, export and import are two parts of it. By using Cobb-Douglas function form and data collected from the GSO, the article continues asserting the positive correlation between export and GDP, the negative correlation between import and GDP as economic theory; spontaneously derives elasticity coefficents of Vietnam GDP by these parts in 2012 – 2023 period.