Template-type: ReDIF-Paper 1.0
Author-Name: Ha Minh Nguyen
Author-Workplace-Name: Ho Chi Minh City Open University, Vietnam.

Author-Name: Ngoc Hoang Bui
Author-Workplace-Name: Graduate School, Ho Chi Minh City Open University, Vietnam, University of Labour and Social Affairs, Vietnam.
Author-Name: Duc Hong Vo
Author-Workplace-Name: Business and Economics Research Group Ho Chi Minh City Open University, Vietnam.
Author-Name:
 Michael McAleer
Author-Workplace-Name:
 Department of Quantitative Finance National Tsing Hua University, Taiwan and Econometric Institute Erasmus School of 
	Economics Erasmus University Rotterdam, The Netherlands and Department of Quantitative Economics Complutense University of 
	Madrid, Spain And Institute of Advanced Sciences Yokohama National University, Japan.
Title: Energy consumption and economic growth: Evidence from Vietnam
Abstract: The importance of non-renewable, renewable and sustainable energy sources and energy consumption in the economic development strategy of a country is 
	undeniable. The purpose of the paper is to investigate the impacts of energy consumption on the economic growth of Vietnam during the 1980-2014 period. 
	By applying the Autoregressive Distributed Lag (ARDL) model of Pesaran et al. (2001), and the Granger causality test of Toda and Yamamoto (1995), the 
	empirical results provide evidence that electricity consumption has positive impacts on Vietnam’s economic growth in both the short run and long run. 
	For public policy prescriptions, the empirical evidence suggests that an exploration of new sources of renewable and sustainable energy is essential 
	for long run economic development.
Classification-JEL: F42, O13, O47, Q42, Q43.
Keywords: Energy consumption, Renewable and sustainable energy, Economic growth, Economic development, ARDL, Granger causality.
Length: 29 pages 
Creation-Date: 2019-03
Number: 2019-10
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doicae1910.txt
File-URL: https://eprints.ucm.es/id/eprint/54768/1/1910.pdf
File-Format: Application/pdf
Handle: RePEc:ucm:doicae:1910