2019
DOI: 10.6000/1929-7092.2019.08.30
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Energy Consumption and Economic Growth: Evidence from Vietnam

Abstract: The importance of non-renewable, renewable and sustainable energy sources and energy consumption in the economic development strategy of a country is undeniable. The purpose of the paper is to investigate the impacts of energy consumption on the economic growth of Vietnam during the 1980-2014 period. By applying the Autoregressive Distributed Lag (ARDL) model of Pesaran et al. (2001), and the Granger causality test of Toda and Yamamoto (1995), the empirical results provide evidence that electricity consumption… Show more

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Cited by 15 publications
(15 citation statements)
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“…Empirical studies on single-country studies on the economic growth and environmental degradation relationship have gained great attention from policymakers and academics (Nguyen et al 2019 ). Aslan et al ( 2018 ) utilize a bootstrap rolling window estimation of the vector autoregressive model for the USA from 1966 to 2013.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Empirical studies on single-country studies on the economic growth and environmental degradation relationship have gained great attention from policymakers and academics (Nguyen et al 2019 ). Aslan et al ( 2018 ) utilize a bootstrap rolling window estimation of the vector autoregressive model for the USA from 1966 to 2013.…”
Section: Literature Reviewmentioning
confidence: 99%
“…On the other hand, the ARDL model based on the error correction mode (ECM) can report both short-run and long-run effects (Nguyen et al 2019a;Nguyen et al 2019b;Phuc and Duc 2019). Compared to Johansen co-integration techniques, the ARDL bound test allows us to examine a long-term co-integration within a small sample (Vo et al 2019b;Vo et al 2019c;Vo et al 2020).…”
Section: Time-series Analysismentioning
confidence: 99%
“…Technological infrastructure must be synchronized at all three stages of operation (including creation, delivery, and receipt) as well as among equipment, connections and software. In addition, for sustainable development, economic aspect or cost benefit analysis is indispensable (Bahrami et al, 2019;Luong, Tran, & Nguyen, 2018;H. M. Nguyen, Bui, Vo, & McAleer, 2019;Vo, Van Nguyen, Nguyen, Vo, & Nguyen, 2019).…”
Section: Introductionmentioning
confidence: 99%