This study investigates the dynamic effects of economic development, international cooperation, electricity consumption, and political risk on the escalation of CO<sub>2</sub> emission in Vietnam. We adopted autoregressive distributed lag ...
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https://www.riss.kr/link?id=A107266158
2020
English
SCOPUS
학술저널
21-31(11쪽)
0
상세조회0
다운로드다국어 초록 (Multilingual Abstract)
This study investigates the dynamic effects of economic development, international cooperation, electricity consumption, and political risk on the escalation of CO<sub>2</sub> emission in Vietnam. We adopted autoregressive distributed lag ...
This study investigates the dynamic effects of economic development, international cooperation, electricity consumption, and political risk on the escalation of CO<sub>2</sub> emission in Vietnam. We adopted autoregressive distributed lag model and Granger causality method to examine the interaction between CO<sub>2</sub> and various economic and political factors, including foreign direct investment, trade openness, economic growth, manufacture, electricity consumption, and political risk in Vietnam since the economic revolution in 1986. The findings reflect opposite influence between these factors and the level of CO<sub>2</sub> in the intermediate and long-term durations. Accordingly, foreign direct investment and CO<sub>2</sub> emission have a bidirectional relationship, in which foreign direct investment accelerates short-term CO<sub>2</sub> emission, but reduces it in the long run through an interactive mechanism. Moreover, economic development increases the volume of CO<sub>2</sub> emission in both short and long run. There was also evidence that political risk has a negative effect on the environment. Overall, the findings confirm lasting negative environmental effects of economic growth, trade liberalization, and increased electricity consumption. These factors, with Granger causality, mutually affect the escalation of CO<sub>2</sub> in Vietnam. In order to control the level of CO<sub>2</sub>, more efforts are required to improve administrative transparency, attract high-quality foreign investment, and decouple the environment from economic development.
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