Quantile Effect of Economic Factors and Energy Consumption on Environmental Degradation in Vietnam

Q1 Social Sciences
Thi Xuan Hoang, Chi Hai Nguyen, Thai Hung Ngo
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引用次数: 0

Abstract

This study aims to highlight the asymmetric impact of economic growth (GDP), trade openness (TO), energy consumption (EC), foreign direct investment (FDI), and financial development (FD) on carbon dioxide (CO2) emissions in Vietnam over the period 1990–2022, using quantile-on-quantile regression and Granger causality in quantiles techniques. Our mainstream findings indicate that the selected macroeconomic indicators have a strong positive effect on CO2 emissions in this country, and this effect is more pronounced in the lowest and highest quantiles of the respective variables. In addition, the results of Granger causality suggest a bidirectional causal relationship between the examined indicators. These findings suggest that fostering economic growth, promoting trade openness, managing energy consumption, encouraging foreign direct investment, and enhancing financial development can contribute to a sustainable environment in Vietnam.
经济因素和能源消耗对越南环境恶化的量化效应
本研究旨在利用量纲对量纲回归和量纲格兰杰因果关系技术,强调 1990-2022 年间经济增长(GDP)、贸易开放度(TO)、能源消耗(EC)、外国直接投资(FDI)和金融发展(FD)对越南二氧化碳(CO2)排放的非对称影响。我们的主流研究结果表明,所选的宏观经济指标对该国的二氧化碳排放有很强的正向影响,而且这种影响在各变量的最低和最高量级上更为明显。此外,格兰杰因果关系的结果表明,所考察的指标之间存在双向因果关系。这些研究结果表明,促进经济增长、推动贸易开放、管理能源消耗、鼓励外国直接投资和加强金融发展有助于越南实现可持续发展的环境。
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来源期刊
Journal of Environmental Assessment Policy and Management
Journal of Environmental Assessment Policy and Management Social Sciences-Geography, Planning and Development
CiteScore
7.00
自引率
0.00%
发文量
18
期刊介绍: The Journal of Environmental Assessment Policy and Management is an interdisciplinary, peer reviewed, international journal covering policy and decision-making relating to environmental assessment (EA) in the broadest sense. Uniquely, its specific aim is to explore the horizontal interactions between assessment and aspects of environmental management (not just the vertical interactions within the broad field of impact assessment) and thereby to identify comprehensive approaches to environmental improvement involving both qualitative and quantitative information. As the concepts associated with sustainable development mature, links between environmental assessment and management systems become all the more essential.
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