Renewable Energy Consumption, Energy Efficiency, Trade, Economic Development and FDI on Climate Change in Vietnam

Dung Tien Pham, Hieu Van Pham and Tuyen Quang Dang
Additional contact information
Dung Tien Pham: Hanoi Committee for Religious Affairs, Vietnam
Hieu Van Pham: Faculty of Economics, Hanoi University of Business and Technology, Vietnam
Tuyen Quang Dang: Vietnam Join-tstock Commercial Bank for Industry and Trade, Vietnam

International Journal of Energy Economics and Policy, 2023, vol. 13, issue 6, 8-14

Abstract: This study aimed to investigate the impact of green energy consumption, energy efficiency, foreign direct investment, economic growth, and trade (import and export) on greenhouse gas emissions( GHG) in Vietnam between 1990 and 2019. This study investigates the long-term cointegration relationship to find out the impact of renewable energy consumption, energy efficiency, trade, economic development, and foreign direct investment on climate change in Vietnam. The research results show a long-term relationship between the above variables and the reduction of greenhouse gas emissions. These findings highlight the profound importance of renewable energy consumption for ecologically sustainable development in Vietnam and serve as an important resource for other countries worldwide. world when it comes to ecological security. This study recommends the use of environmentally friendly and energy-saving technologies, the use of renewable energy to mitigate climate change and the implementation of the most recent government policies to neutralise greenhouse gas emissions to achieve sustainable development goals.

Keywords: Trade Openness; Greenhouse Gas Emission; Renewable Energy; Climate Change (search for similar items in EconPapers)
JEL-codes: O1 O4 Q2 Q3 Q5 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.econjournals.com/index.php/ijeep/article/download/14571/7541 (application/pdf)
https://www.econjournals.com/index.php/ijeep/article/view/14571 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2023-06-2

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().