Sustainability in Vietnam: Examining economic growth, energy, innovation, agriculture, and forests' impact on CO2 emissions

Raihan, Asif; Hasan, Md. Atik; Voumik, Liton Chandra; Pattak, Dulal Chandra; Akter, Salma; Ridwan, Mohammad

doi:10.1016/j.wds.2024.100164

World Development Sustainability

2024

DOI: 10.1016/j.wds.2024.100164

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Sustainability in Vietnam: Examining economic growth, energy, innovation, agriculture, and forests' impact on CO2 emissions

Asif Raihan,

Md. Atik Hasan,

Liton Chandra Voumik

et al.

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Cited by 6 publications

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Links between technological innovation, financial efficiency and environmental quality using quantile regressions: The role of foreign direct investment, institutional quality and natural resources

Alvarado,

Tillaguango,

Toledo

et al. 2024

Journal of Open Innovation: Technology, Market, and Complexity

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Links between technological innovation, financial efficiency and environmental quality using quantile regressions: The role of foreign direct investment, institutional quality and natural resources

Alvarado,

Tillaguango,

Toledo

et al. 2024

Journal of Open Innovation: Technology, Market, and Complexity

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Impact of urbanization, economic growth, FDI, and trade openness on energy demand in Ireland: an ARDL approach

Tahrim,

Hasan,

Akter

et al. 2024

Prog. Energy

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This research study uses an autoregressive distributed lag (ARDL) paradigm to examine the effects of trade openness, urbanization, economic growth, and foreign direct investment (FDI) on energy demand in Ireland. This thorough theoretical framework anticipates a relationship between energy demand and trade, foreign direct investment, and urbanization. This study demonstrates both short- and long-run cointegration among the variables employing an ARDL (autoregressive distributed lag) bounds-testing method for the data set period from 1972 to 2021. Additionally, Fully Modified Ordinary Least Square (FMOLS), Dynamic Ordinary Least Square (DOLS), and Canonical Cointegrating Regression (CCR) were utilized in the study to verify the results' robustness. Nonetheless, this analysis discovers that trade openness and rising GDP (Gross Domestic Product) per capita increase energy consumption. The results show that for every 1% increase in GDP, energy consumption increases by 0.967%. On the flip side, energy consumption in Ireland is declining due to increased urbanization and foreign direct investment. The results show that for every 1% increase in urbanization, energy usage decreases by 1.738%. The investigation shows that Ireland's energy usage is strongly impacted by trade liberalization, FDI, urbanization, and economic expansion. Findings like these can help policymakers and stakeholders manage and optimize energy usage in the context of urbanization, economic expansion, foreign direct investment, and global trade. The report recommends sustainable energy planning and policy initiatives to strike a healthy balance between meeting the increasing demand for energy and protecting the environment.

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Trade‐offs and synergies: Examining the impact of natural resource rents and energy efficiency on financial development in the RCEP context

Tang,

Imran

2024

Natural Resources Forum

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This study investigates the complex interplay between financial and economic development within the Regional Comprehensive Economic Partnership (RCEP) countries—Australia, China, Indonesia, Japan, and South Korea—from 2000 to 2022, with a focus on the impacts of natural resource rents and energy efficiency. Employing moment quantile regression to address non‐normal data distribution identified by the Jarque–Bera (JB) test, we unveil diverse slopes and cross‐sectional interdependencies, necessitating a nuanced examination. Panel unit root tests confirm non‐stationarity, enabling a thorough investigation. Our findings reveal a long‐term cointegration relationship between natural resource rents, energy efficiency, economic development, and foreign direct investment (FDI), providing a holistic understanding of their dynamics. Notably, our analysis exposes the trade‐off between natural resource abundance and financial growth, as evidenced by negative coefficients for natural resource rents, while positive coefficients for economic growth, energy efficiency, and FDI counterbalance this effect, fostering a conducive financial environment. Additionally, our examination of location and scale characteristics unveils vulnerabilities associated with natural resources alongside stability indicators linked to economic growth, energy efficiency, and FDI. By employing quantile regression, our study sheds light on the nuanced impacts of natural resources, offering valuable insights for policymakers and researchers in navigating sustainable financial development within the RCEP framework.

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Sustainability in Vietnam: Examining economic growth, energy, innovation, agriculture, and forests' impact on CO2 emissions

Cited by 6 publications

References 62 publications

Links between technological innovation, financial efficiency and environmental quality using quantile regressions: The role of foreign direct investment, institutional quality and natural resources

Links between technological innovation, financial efficiency and environmental quality using quantile regressions: The role of foreign direct investment, institutional quality and natural resources

Impact of urbanization, economic growth, FDI, and trade openness on energy demand in Ireland: an ARDL approach

Trade‐offs and synergies: Examining the impact of natural resource rents and energy efficiency on financial development in the RCEP context

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