The influence of economic and non-economic determinants on the sustainable energy consumption: evidence from Vietnam economy.
| Title: | The influence of economic and non-economic determinants on the sustainable energy consumption: evidence from Vietnam economy. |
|---|---|
| Authors: | Van Song N; Viet Nam National University of Agriculture (VNUA), Ha Noi, Vietnam.; Que ND; National Academy of Public Administration (NAPA), Ha Noi, Vietnam. nguyendangquenapa@gmail.com.; Tiep NC; Viet Nam National University of Agriculture (VNUA), Ha Noi, Vietnam.; van Tien D; Ha Noi University of Business and Technology (HUBT), Ha Noi, Vietnam.; Van Ha T; Ha Noi University of Business and Technology (HUBT), Ha Noi, Vietnam.; Phuong PTL; College Of Agricultural Mechanics (CAM), Vinh Phuc, Vietnam.; Uan TB; Dien Bien Technical Economic College, Dien Bien, Vietnam.; Oanh TTK; Vinh University (VU), Vinh City, Vietnam. |
| Source: | Environmental science and pollution research international [Environ Sci Pollut Res Int] 2023 Mar; Vol. 30 (14), pp. 42282-42295. Date of Electronic Publication: 2023 Jan 16. |
| Publication Type: | Journal Article; Retracted Publication |
| Language: | English |
| Journal Info: | Publisher: Springer Country of Publication: Germany NLM ID: 9441769 Publication Model: Print-Electronic Cited Medium: Internet ISSN: 1614-7499 (Electronic) Linking ISSN: 09441344 NLM ISO Abbreviation: Environ Sci Pollut Res Int Subsets: MEDLINE |
| Imprint Name(s): | Publication: : Berlin : Springer; Original Publication: Landsberg, Germany : Ecomed |
| MeSH Terms: | Renewable Energy*; Carbon Dioxide/analysis ; Bayes Theorem ; Economic Development ; Vietnam |
| Abstract: | Maintaining ecological quality of energy use without compromising on economic growth has become the key research agenda of existing literature. Emerging economies are particularly facing this dual problem where they need to look in to the factors which impact sustainable energy consumption. The article, thus, aims to examine impact of economic and non-economic determinants on sustainable energy consumption in Vietnamese context. Factors such as industrialization, population growth, inflation, and employment rate are being considered as economic indicators and eco-innovation and political instability are being used as non-economic indicators. The study has taken secondary data from secondary sources such as Organization for Economic Co-operation and Development (OECD), the global economy, and World Development Indicators (WDI) from 1986 to 2020. The study has applied the Bayesian auto-regressive distributed lags (BARDL) model and the non-linear autoregressive distributed lag (NARDL) technique to check the association among variables. The results revealed that industrialization, population growth, inflation, employment rate, and eco-innovation have a positive linkage with SEC in Vietnam. The results also indicated that political instability has a negative association with SEC in Vietnam. In the light of results, it is obvious that government fiscal and monetary policies must be favorable to inflation so that sustainable energy can be introduced and started to consume. The study also conveys that the policymakers must take care of employment rate growth, for it can encourage sustaining energy consumption.; (© 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.) |
| Comments: | Retraction in: Environ Sci Pollut Res Int. 2024 Oct;31(47):58204. doi: 10.1007/s11356-024-35035-6.. (PMID: 39294543) |
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| Contributed Indexing: | Keywords: Eco-innovation; Economic determinants; Employment rate; Industrialization; Inflation; Non-economic determinants; Political instability; Population growth; Sustainable energy consumption |
| Substance Nomenclature: | 142M471B3J (Carbon Dioxide) |
| Entry Date(s): | Date Created: 20230116 Date Completed: 20230901 Latest Revision: 20250801 |
| Update Code: | 20260130 |
| DOI: | 10.1007/s11356-022-24965-8 |
| PMID: | 36645603 |
| Database: | MEDLINE |
Journal Article; Retracted Publication