{"title":"The Effects of Digitalization, Energy Intensity, and the Demographic Dividend on Viet Nam’s Economic Sustainability Goals","authors":"NGO THAI HUNG","doi":"10.1142/s0116110523500129","DOIUrl":null,"url":null,"abstract":"This research examines how the digital economy, energy efficiency, and demographic transition might help Viet Nam achieve more sustainable economic development. The causal association between digitalization, the demographic dividend, energy intensity, and long-term economic development has not been thoroughly investigated yet. Therefore, this paper aims to examine the asymmetric relationship between these indicators in Viet Nam, which is recognized as an emerging economy, using the relatively novel quantile-on-quantile regression and Granger causality approaches in different quantiles. The empirical findings suggest that the asymmetric interaction between digital innovation, energy intensity, demographic change, and economic growth in Viet Nam is primarily positive, even though there are slight differences across various quantiles of the selected indicators. In addition, the outcomes of Granger causality in quantile analysis uncover that, during the sample period, a bidirectional association exists between digitalization, the demographic dividend, and economic growth, while a unidirectional causality runs from energy intensity to economic growth.","PeriodicalId":1,"journal":{"name":"Accounts of Chemical Research","volume":null,"pages":null},"PeriodicalIF":16.4000,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Accounts of Chemical Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1142/s0116110523500129","RegionNum":1,"RegionCategory":"化学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"CHEMISTRY, MULTIDISCIPLINARY","Score":null,"Total":0}
引用次数: 0
Abstract
This research examines how the digital economy, energy efficiency, and demographic transition might help Viet Nam achieve more sustainable economic development. The causal association between digitalization, the demographic dividend, energy intensity, and long-term economic development has not been thoroughly investigated yet. Therefore, this paper aims to examine the asymmetric relationship between these indicators in Viet Nam, which is recognized as an emerging economy, using the relatively novel quantile-on-quantile regression and Granger causality approaches in different quantiles. The empirical findings suggest that the asymmetric interaction between digital innovation, energy intensity, demographic change, and economic growth in Viet Nam is primarily positive, even though there are slight differences across various quantiles of the selected indicators. In addition, the outcomes of Granger causality in quantile analysis uncover that, during the sample period, a bidirectional association exists between digitalization, the demographic dividend, and economic growth, while a unidirectional causality runs from energy intensity to economic growth.
期刊介绍:
Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance.
Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.