LAPSE:2023.25380
Published Article
LAPSE:2023.25380
Medium- and High-Tech Export and Renewable Energy Consumption: Non-Linear Evidence from the ASEAN Countries
March 28, 2023
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 and Sustainable Energy
Suggested Citation
Dinh CK, Ngo QT, Nguyen TT. Medium- and High-Tech Export and Renewable Energy Consumption: Non-Linear Evidence from the ASEAN Countries. (2023). LAPSE:2023.25380
Author Affiliations
Dinh CK: School of Government, University of Economics Ho Chi Minh City, Ho Chi Minh City 72407, Vietnam
Ngo QT: School of Government, University of Economics Ho Chi Minh City, Ho Chi Minh City 72407, Vietnam [ORCID]
Nguyen TT: School of Government, University of Economics Ho Chi Minh City, Ho Chi Minh City 72407, Vietnam; Institute for Environmental Economics & World Trade, Leibniz University Hannover, 30167 Hannover, Germany [ORCID]
Journal Name
Energies
Volume
14
Issue
15
First Page
4419
Year
2021
Publication Date
2021-07-22
Published Version
ISSN
1996-1073
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Original Submission
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PII: en14154419, Publication Type: Journal Article
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LAPSE:2023.25380
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doi:10.3390/en14154419
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