EN
Multivariate Cointegration and Causality between Electricity Consumption, Economic Growth, Foreign Direct Investment and Exports: Recent Evidence from Vietnam
Abstract
This paper investigates the relationship between electricity consumption, economic growth, exports and foreign direct investment in Vietnam using time series data from 1980 to 2013. Findings will benefit investors and policy makers who must make long term plans on energy investment and regulate electricity pricing. Our results indicate that real GDP, Electricity Consumption (EC), Exports (EX) and Foreign Direct Investment (FDI) in Vietnam are cointegrated. There is unidirectional Granger causality running from real GDP to EC, EX and FDI, but not vice versa. The data also show that there is bidirectional Granger causality between EC and EX.
Keywords
Details
Primary Language
English
Subjects
Engineering
Journal Section
Conference Paper
Publication Date
September 1, 2017
Submission Date
September 1, 2017
Acceptance Date
-
Published in Issue
Year 2017 Volume: 7 Number: 3
APA
Nguyen, T. N., & Wongsurawat, W. (2017). Multivariate Cointegration and Causality between Electricity Consumption, Economic Growth, Foreign Direct Investment and Exports: Recent Evidence from Vietnam. International Journal of Energy Economics and Policy, 7(3), 287-293. https://izlik.org/JA52NA52UT
AMA
1.Nguyen TN, Wongsurawat W. Multivariate Cointegration and Causality between Electricity Consumption, Economic Growth, Foreign Direct Investment and Exports: Recent Evidence from Vietnam. IJEEP. 2017;7(3):287-293. https://izlik.org/JA52NA52UT
Chicago
Nguyen, Tuyen Ngoc, and Winai Wongsurawat. 2017. “Multivariate Cointegration and Causality Between Electricity Consumption, Economic Growth, Foreign Direct Investment and Exports: Recent Evidence from Vietnam”. International Journal of Energy Economics and Policy 7 (3): 287-93. https://izlik.org/JA52NA52UT.
EndNote
Nguyen TN, Wongsurawat W (September 1, 2017) Multivariate Cointegration and Causality between Electricity Consumption, Economic Growth, Foreign Direct Investment and Exports: Recent Evidence from Vietnam. International Journal of Energy Economics and Policy 7 3 287–293.
IEEE
[1]T. N. Nguyen and W. Wongsurawat, “Multivariate Cointegration and Causality between Electricity Consumption, Economic Growth, Foreign Direct Investment and Exports: Recent Evidence from Vietnam”, IJEEP, vol. 7, no. 3, pp. 287–293, Sept. 2017, [Online]. Available: https://izlik.org/JA52NA52UT
ISNAD
Nguyen, Tuyen Ngoc - Wongsurawat, Winai. “Multivariate Cointegration and Causality Between Electricity Consumption, Economic Growth, Foreign Direct Investment and Exports: Recent Evidence from Vietnam”. International Journal of Energy Economics and Policy 7/3 (September 1, 2017): 287-293. https://izlik.org/JA52NA52UT.
JAMA
1.Nguyen TN, Wongsurawat W. Multivariate Cointegration and Causality between Electricity Consumption, Economic Growth, Foreign Direct Investment and Exports: Recent Evidence from Vietnam. IJEEP. 2017;7:287–293.
MLA
Nguyen, Tuyen Ngoc, and Winai Wongsurawat. “Multivariate Cointegration and Causality Between Electricity Consumption, Economic Growth, Foreign Direct Investment and Exports: Recent Evidence from Vietnam”. International Journal of Energy Economics and Policy, vol. 7, no. 3, Sept. 2017, pp. 287-93, https://izlik.org/JA52NA52UT.
Vancouver
1.Tuyen Ngoc Nguyen, Winai Wongsurawat. Multivariate Cointegration and Causality between Electricity Consumption, Economic Growth, Foreign Direct Investment and Exports: Recent Evidence from Vietnam. IJEEP [Internet]. 2017 Sep. 1;7(3):287-93. Available from: https://izlik.org/JA52NA52UT