The Impact of Corporate Social Responsibility, Energy Consumption, Energy Import and Usages and Carbon Emission on Sustainable Economic Development: Evidence from ASEAN countries

IF 2.4 Q2 ECONOMICS

Contemporary Economics Pub Date : 2022-06-01 DOI:10.5709/ce.1897-9254.480

T. Nguyen, Quang-Thanh Ngo

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引用次数: 9

Abstract

Recently, sustainable economic development has become a global requirement and also has gained the attention of recent studies and policymakers nowadays. Thus, the present study has examined the impact of corporate social responsibility (CSR) along with renewable energy consumption, energy usage and import and carbon emission on the sustainable economic development of the Association of South-East Asian Nations (ASEAN). This study has adopted the quantitative method of data collection and used secondary data collection sources. The data has been extracted from the world development indicators (WDI) and reports published on the sustainability of the countries. This study has gathered the post-financial crisis data from 2011 to 2020. This study has executed the robust standard error and fixed effect model (FEM) to examine the relationships among variables. The results revealed that CSR, renewable energy consumption, and energy usage and import have a positive and significant associations with the sustainable economic development of the ASEAN countries. The outcomes also exposed that carbon emission has a negative but significant nexus with the sustainable economic development of the ASEAN countries. These outcomes provide the guidelines to the regulation-making authorities while formulating policies related to sustainable economic development in accordance with CSR and energy policies.

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企业社会责任、能源消费、能源进口与使用、碳排放对经济可持续发展的影响:来自东盟国家的证据

近年来，经济可持续发展已成为全球的要求，也引起了近期研究和政策制定者的关注。因此，本研究考察了企业社会责任(CSR)以及可再生能源消费、能源使用、进口和碳排放对东盟经济可持续发展的影响。本研究采用了定量的数据收集方法，并使用了二手数据收集来源。这些数据摘自世界发展指标(WDI)和关于各国可持续性的报告。本研究收集了2011年至2020年金融危机后的数据。本研究采用稳健标准误差和固定效应模型(FEM)来检验变量之间的关系。研究发现，企业社会责任、可再生能源消费、能源使用与进口对东盟国家经济可持续发展具有显著的正向影响。研究结果还表明，碳排放与东盟国家的可持续经济发展之间存在显著的负相关关系。这些成果为监管部门根据企业社会责任和能源政策制定与可持续经济发展相关的政策提供了指导。

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

Contemporary Economics ECONOMICS-

CiteScore

3.70

自引率

9.50%

发文量

审稿时长

24 weeks

期刊介绍： The mission of the Contemporary Economics is to publish advanced theoretical and empirical research in economics, finance, accounting and management with the noticeable contribution and impact to the development of those disciplines and preferably with practice relevancies. All entirety of methods is desirable, including a falsification of conventional understanding, theory building through inductive or qualitative research, first empirical testing of a theory, meta-analysis with theoretical implications, constructive replication that clarifies the boundaries or range of a theory for theoretical research as well as qualitative, quantitative, field, laboratory, meta-analytic, and combination for an empirical research. This clear priority for comprehensive manuscripts containing a methodology-based theoretical and empirical research with implications and recommendations for policymaking does not exclude manuscripts entirely focused on theory or methodology. Manuscripts that raise significant, actual topics of international relevance will be highly appreciated. The interdisciplinary approach including – besides economic, financial, accounting or managerial –also other aspects, is welcomed.