The Impact of Human Capital on Energy Consumption in Vietnam

Lien Do Thi Hoa and Phuong Vo Hang Hoang
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Lien Do Thi Hoa: Faculty of Business Administration, University of Labor and Social Affairs, Campus Ho Chi Minh City, Vietnam
Phuong Vo Hang Hoang: Faculty of Business Administration, University of Labor and Social Affairs, Campus Ho Chi Minh City, Vietnam

International Journal of Energy Economics and Policy, 2024, vol. 14, issue 5, 279-291

Abstract: The paper studied the impact of human capital on energy consumption in Vietnam using the ARDL model during the period from 1986 to 2019. The results showed that there exists a long-term positive relationship between human capital and aggregate energy consumption, fossil energy consumption, average renewable energy consumption. Besides, the study also revealed the impact of economic growth on fossil energy consumption in the short term. These findings helped proposing a number of recommendations for the government such as improving the quality of human capital, using more renewable energy and the need to fund research and development.

Keywords: Human Capital; Energy Consumption; Renewable Energy Consumption; Vietnam (search for similar items in EconPapers)
JEL-codes: J0 O44 Q20 Q40 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2024-05-29

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