Details
| Original language | English |
|---|---|
| Article number | 4419 |
| Journal | ENERGIES |
| Volume | 14 |
| Issue number | 15 |
| Early online date | 22 Jul 2021 |
| Publication status | Published - 1 Aug 2021 |
Abstract
Sustaining economic growth while reducing dependence on fossil fuels remains a challenge for our world to fight against climate change and therefore finding a way to promote economic growth and increase renewable energy use is needed. This paper uses a 22-year panel dataset (1994– 2015) of 9 countries in the Association of Southeast Asian Nations provided by the World Bank World Development Indicators to examine the impact of medium-and high-tech export on renewable energy use. We employ a fixed-effects regression model with the Driscoll–Kraay nonparametric covariance matrix estimator to account for sectoral and temporal dependence. We also control for inflation, employment, population growth, and gross domestic product per capita in our estimations. Our results demonstrate a U-shaped association between medium-and high-tech export and renewable energy consumption of these economies. The results propose that enhancing medium-and high-tech export could be a feasible solution for promoting renewable energy consumption.
Keywords
- ASEAN, Economic growth, Employment, Inflation, Medium-and high-tech export, Renewable energy
ASJC Scopus subject areas
- Energy(all)
- Renewable Energy, Sustainability and the Environment
- Engineering(all)
- Building and Construction
- Energy(all)
- Fuel Technology
- Engineering(all)
- Engineering (miscellaneous)
- Energy(all)
- Energy Engineering and Power Technology
- Energy(all)
- Energy (miscellaneous)
- Mathematics(all)
- Control and Optimization
- Engineering(all)
- Electrical and Electronic Engineering
Sustainable Development Goals
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In: ENERGIES, Vol. 14, No. 15, 4419, 01.08.2021.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - Medium-and high-tech export and renewable energy consumption
T2 - Non-linear evidence from the ASEAN countries
AU - Dinh, Cong Khai
AU - Ngo, Quang Thanh
AU - Nguyen, Trung Thanh
N1 - Funding Information: Funding: This research is funded by the University of Economics Ho Chi Minh City, Vietnam.
PY - 2021/8/1
Y1 - 2021/8/1
N2 - Sustaining economic growth while reducing dependence on fossil fuels remains a challenge for our world to fight against climate change and therefore finding a way to promote economic growth and increase renewable energy use is needed. This paper uses a 22-year panel dataset (1994– 2015) of 9 countries in the Association of Southeast Asian Nations provided by the World Bank World Development Indicators to examine the impact of medium-and high-tech export on renewable energy use. We employ a fixed-effects regression model with the Driscoll–Kraay nonparametric covariance matrix estimator to account for sectoral and temporal dependence. We also control for inflation, employment, population growth, and gross domestic product per capita in our estimations. Our results demonstrate a U-shaped association between medium-and high-tech export and renewable energy consumption of these economies. The results propose that enhancing medium-and high-tech export could be a feasible solution for promoting renewable energy consumption.
AB - Sustaining economic growth while reducing dependence on fossil fuels remains a challenge for our world to fight against climate change and therefore finding a way to promote economic growth and increase renewable energy use is needed. This paper uses a 22-year panel dataset (1994– 2015) of 9 countries in the Association of Southeast Asian Nations provided by the World Bank World Development Indicators to examine the impact of medium-and high-tech export on renewable energy use. We employ a fixed-effects regression model with the Driscoll–Kraay nonparametric covariance matrix estimator to account for sectoral and temporal dependence. We also control for inflation, employment, population growth, and gross domestic product per capita in our estimations. Our results demonstrate a U-shaped association between medium-and high-tech export and renewable energy consumption of these economies. The results propose that enhancing medium-and high-tech export could be a feasible solution for promoting renewable energy consumption.
KW - ASEAN
KW - Economic growth
KW - Employment
KW - Inflation
KW - Medium-and high-tech export
KW - Renewable energy
UR - http://www.scopus.com/inward/record.url?scp=85111565034&partnerID=8YFLogxK
U2 - 10.3390/en14154419
DO - 10.3390/en14154419
M3 - Article
AN - SCOPUS:85111565034
VL - 14
JO - ENERGIES
JF - ENERGIES
SN - 1996-1073
IS - 15
M1 - 4419
ER -