Causal relationship between globalization, economic growth and CO2 emissions in Vietnam using Wavelet analysis

IF 4 4区环境科学与生态学 Q2 ENVIRONMENTAL STUDIES

Energy & Environment Pub Date : 2023-11-01 DOI:10.1177/0958305X221108498

Ngo Thai Hung

引用次数: 0

Abstract

In connection with environmental degradation in Vietnam, known as an emerging economy, very limited studies have been implemented to demonstrate the environmental aspects of the country's core policies, as well as recent economic policies such as economic growth and globalization policies. Given this driving force, this paper uncovers a novel perspective on the causal associations between CO2 emissions, economic growth, and globalization in Vietnam using wavelet analysis. The empirical results provide evidence of the interconnections between the selected indicators through time and frequency. More accurately, the findings uncover that economic growth and globalization significantly increase carbon dioxide emissions in Vietnam in the medium and long run. These outcomes highlight the importance of policymakers properly coordinating policies to address Vietnam's severe environmental degradation. Furthermore, Vietnam should continue relevant policy reforms such as encouraging investment, allowing for effective governance and promoting human capital accumulation.

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利用小波分析法分析全球化、经济增长与越南二氧化碳排放之间的因果关系

越南作为一个新兴经济体，在环境退化问题上，对该国核心政策以及经济增长和全球化政策等近期经济政策的环境影响的研究非常有限。鉴于这种驱动力，本文利用小波分析法从一个新的角度揭示了越南二氧化碳排放、经济增长和全球化之间的因果关系。实证结果提供了所选指标之间通过时间和频率相互关联的证据。更准确地说，研究结果揭示了经济增长和全球化在中长期会显著增加越南的二氧化碳排放量。这些结果凸显了决策者适当协调政策以解决越南严重环境退化问题的重要性。此外，越南应继续进行相关政策改革，如鼓励投资、允许有效治理和促进人力资本积累。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Energy & Environment ENVIRONMENTAL STUDIES-

CiteScore

7.60

自引率

7.10%

发文量

157

期刊介绍： Energy & Environment is an interdisciplinary journal inviting energy policy analysts, natural scientists and engineers, as well as lawyers and economists to contribute to mutual understanding and learning, believing that better communication between experts will enhance the quality of policy, advance social well-being and help to reduce conflict. The journal encourages dialogue between the social sciences as energy demand and supply are observed and analysed with reference to politics of policy-making and implementation. The rapidly evolving social and environmental impacts of energy supply, transport, production and use at all levels require contribution from many disciplines if policy is to be effective. In particular E & E invite contributions from the study of policy delivery, ultimately more important than policy formation. The geopolitics of energy are also important, as are the impacts of environmental regulations and advancing technologies on national and local politics, and even global energy politics. Energy & Environment is a forum for constructive, professional information sharing, as well as debate across disciplines and professions, including the financial sector. Mathematical articles are outside the scope of Energy & Environment. The broader policy implications of submitted research should be addressed and environmental implications, not just emission quantities, be discussed with reference to scientific assumptions. This applies especially to technical papers based on arguments suggested by other disciplines, funding bodies or directly by policy-makers.