EconPapers    
Economics at your fingertips  
 

Causal relationship between globalization, economic growth and CO2 emissions in Vietnam using Wavelet analysis

Ngo Thai Hung

Energy & Environment, 2023, vol. 34, issue 7, 2386-2412

Abstract: In connection with environmental degradation in Vietnam, known as an emerging economy, very limited studies have been implemented to demonstrate the environmental aspects of the country's core policies, as well as recent economic policies such as economic growth and globalization policies. Given this driving force, this paper uncovers a novel perspective on the causal associations between CO 2 emissions, economic growth, and globalization in Vietnam using wavelet analysis. The empirical results provide evidence of the interconnections between the selected indicators through time and frequency. More accurately, the findings uncover that economic growth and globalization significantly increase carbon dioxide emissions in Vietnam in the medium and long run. These outcomes highlight the importance of policymakers properly coordinating policies to address Vietnam's severe environmental degradation. Furthermore, Vietnam should continue relevant policy reforms such as encouraging investment, allowing for effective governance and promoting human capital accumulation.

Keywords: globalization; economic growth; CO2 emissions; wavelet analysis (search for similar items in EconPapers)
JEL-codes: C32 C33 Q43 Q48 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0958305X221108498 (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:sae:engenv:v:34:y:2023:i:7:p:2386-2412

DOI: 10.1177/0958305X221108498

Access Statistics for this article

More articles in Energy & Environment
Bibliographic data for series maintained by SAGE Publications ().

 
Page updated 2025-03-19
Handle: RePEc:sae:engenv:v:34:y:2023:i:7:p:2386-2412