School of Finance, Zhongnan University of Economics and Law, Wuhan, 430073, China.
School of International Trade and Economics, University of international Business and Economics, UIBE, Beijing, China.
Environ Sci Pollut Res Int. 2021 Feb;28(6):7515-7527. doi: 10.1007/s11356-020-10996-6. Epub 2020 Oct 9.
The increase in greenhouse gas emission has a major global issue, catching the attention of the researcher and policymakers around the world. The combustion of fossil fuel is the main cause of the rising greenhouse gas emission particularly in developing countries including Vietnam. Meanwhile, the purpose of the study is to evaluate the linkage between fossil fuel consumption, financial development, industrial progression, and CO emission over the period from 1970 to 2019, particularly in Vietnam. The study applied the ARDL econometric technique and Bayer-Hanck cointegration approach with structural break to confirm long run relationship and the EKC hypothesis between industrial growth and CO emission, in Vietnam, which assume the U-shaped link between CO emission and industrial growth in Vietnam. Which further confirmed by Lind and Mehlum U test in addition, the Granger causality exists between fossil fuel consumption and CO emission in both short run and long run. The causal relationship is unidirectional in the short run running from fossil fuel consumption and carbon dioxide emission; therefore, the study proposed to adopt low-carbon emission technology.
温室气体排放的增加是一个全球性的重大问题，引起了世界各地研究人员和政策制定者的关注。化石燃料的燃烧是温室气体排放上升的主要原因，特别是在包括越南在内的发展中国家。同时，本研究的目的是评估 1970 年至 2019 年期间，特别是在越南，化石燃料消耗、金融发展、工业进步与 CO2 排放之间的联系。该研究采用了 ARDL 计量经济学技术和贝叶斯-汉克协整方法以及结构断裂来确认长期关系和 EKC 假设，即越南工业增长与 CO2 排放之间存在 U 型关系。此外，林德和梅尔姆 U 检验进一步证实了越南 CO2 排放与工业增长之间存在因果关系。在短期和长期内，化石燃料消耗和 CO2 排放之间都存在单向因果关系；因此，本研究建议采用低碳排放技术。
