The role of renewable energy, alternative and nuclear energy in mitigating carbon emissions in the CPTPP countries

Vo, Anh The; Hồ, Chí Minh; Nguyen, Ha Minh

doi:10.1016/j.renene.2020.07.093

Cited by 107 publications

(32 citation statements)

References 62 publications

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“…On the other hand, the U-shaped relationship between economic growth and CO 2 emissions has also been found in the threshold regression when Vietnam’s GDP per capita reaches the threshold value at $765.18. Our results support the findings from Vo et al ( 2020 ), in which some of the CTPPP countries, including Vietnam, have exhibited a U-shaped relationship between economic growth and environmental degradation.…”

Section: Discussionsupporting

confidence: 92%

Foreign investment, economic growth, and environmental degradation since the 1986 “Economic Renovation” in Vietnam

Hồ

2021

Environ Sci Pollut Res

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Vietnam has achieved impressive economic growth principally supported by foreign direct investment (FDI) in the last three decades. However, environmental deterioration is observed. No studies have ever been conducted to examine the link between economic growth and environmental degradation, focusing on the important role of the FDI, in Vietnam in both short run and long run. Using the ARDL and the threshold regression techniques for 35 years from 1986, Vietnam's "Doi Moi" (economic renovation), the U-shaped relationship between economic growth and the environmental quality is found in the long run and at the upper threshold of economic growth. FDI in the long run and at the upper threshold of economic growth also leads to further deterioration of the environmental quality. Also, consumption of fossil fuel energy deteriorates the environment in the long run, and at any level of economic growth. These findings simply mean that Vietnam has to adopt a new growth model with the focus on the quality FDI projects and clean energy sources to achieve the dual objectives: (i) sustained economic growth and (ii) improved environmental quality.

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Section: Discussionsupporting

confidence: 92%

Foreign investment, economic growth, and environmental degradation since the 1986 “Economic Renovation” in Vietnam

Hồ

2021

Environ Sci Pollut Res

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“…The three types of ECMs include Engle-Granger approach, Vector Error Correction models (VECM), and Auto-Regressive Distributed Lags (ARDL). We argue that the ARDL approach can overcome the problem of mixed stationarity and only requires a small data sample (Vo et al, 2020). Huq and Arshad (2010) point out that agricultural supplies are susceptible to uncertainties such as weather conditions while the area is more likely to reflect farmers' planned output.…”

Section: Conceptual Frameworkmentioning

confidence: 97%

Sustainable agriculture & energy in the U.S.: A link between ethanol production and the acreage for corn

Vo¹

2020

Economics &Amp; Sociology

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The world has been witnessing the dual crises from the Covid-19 pandemic since 2019: (i) the economic crisis; and (ii) the health crisis. During crisis, it is important to revisit the sustainability of two of the most important policies on agriculture and energy for any country. Corn has played an increasingly important role in the U.S. agricultural market. As of 2018, corn accounts for about 95 per cent of the U.S. total feed grain. As such, corn is generally placed at the centre of the policies on agriculture in the U.S. The primary reason for the rise in corn production and use is due to the expansion of ethanol production. This expansion pushes corn prices to increase and provides an incentive for people to enlarge corn acreage. In addition, ethanol production has rapidly expanded over the last few decades in the U.S. Corn ethanol is expected to be a viable alternative for oil. We consider that the expansion of ethanol and corn production has many consequences. Corn price and the prices of many agricultural commodities have dramatically increased during the last decade. In this paper, the Auto Regressive Distributed Lags (ARDL) technique together with the bounds test and the estimation of short-run and long-run elasticity are utilized for the 1980-2018 period using the U.S. data. Empirical results from our paper confirm the long-run relationships between corn used in ethanol and the acreage for corn. In addition, results from our analyses support the view that the expansion of corn ethanol is a key reason behind the increase in corn acreage. We also consider that the increase in demand for corn used in ethanol production is more likely to affect the acreage. This finding implies the important role of ethanol production and expansion in the change of land use in the U.S.

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“…On the other hand, the ARDL model based on the error correction mode (ECM) can report both short-run and long-run effects (Nguyen et al 2019a;Nguyen et al 2019b;Phuc and Duc 2019). Compared to Johansen co-integration techniques, the ARDL bound test allows us to examine a long-term co-integration within a small sample (Vo et al 2019b;Vo et al 2019c;Vo et al 2020). The ARDL bound test can process a mix of variables having I(0) and I(1), while the Johansen test restricts all variables to the same order of stationarity.…”

Section: Time-series Analysismentioning

confidence: 99%

Does Financial Integration Enhance Economic Growth in China?

Hồ

2020

Economies

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China is a fascinating country in Asia, the second-largest economy in the world, with incredible economic growth and development in the last two decades. In addition, China has dramatically enjoyed a disciplined and successful financial integration with the region and the world in the same period. As such, it is interesting to examine a potential link between economic growth and financial integration in this most populous country. This paper was conducted to identify whether financial integration fosters Chinese economic growth. The Auto-Regressive Distributed Lags (ARDL) model is selected, utilizing the most updated data on a globalization (or integration) index. Two distinct aspects of financial integration, the de facto (proxied for economic activities) and the de jure (proxied for the Government policies leading to integration), are considered in this paper. We apply an econometric technique, using yearly aggregated data, to examine a long-term co-integration and a causal relationship between financial integration and economic growth in China. Findings from this paper indicate a long-term co-integration between financial integration de facto and economic growth in China. The bidirectional causality between financial integration and economic growth in China is also confirmed using the Granger causality test.

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The role of renewable energy, alternative and nuclear energy in mitigating carbon emissions in the CPTPP countries

Cited by 107 publications

References 62 publications

Foreign investment, economic growth, and environmental degradation since the 1986 “Economic Renovation” in Vietnam

Foreign investment, economic growth, and environmental degradation since the 1986 “Economic Renovation” in Vietnam

Sustainable agriculture & energy in the U.S.: A link between ethanol production and the acreage for corn

Does Financial Integration Enhance Economic Growth in China?

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