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Electricity Consumption and Economic Growth of Vietnam in 1986-2020 / Nguyen Thi Huong Lan, Pham Thanh Cong // Tạp chí Kinh tế và Kinh doanh : JABES . - 2023. - tr. 93-101. - ISSN: 2734-9845
Ký hiệu phân loại (DDC): 621.3
Energy consumption and economic growth have an inseparable relationship, affecting the development situation in all aspects of a country. A well-coordinated relationship between energy consumption and economic growth will help the economy develop strongly. This is based on the assumption that energy is being used optimally, avoiding excessive energy consumption, which would lead to energy depletion, with the result that the economic situation remains undeveloped or there is slow development. Electricity plays an important role for each country in the world in general and Vietnam in particular. Vietnam is a developing country; along with that is the great contribution of electric energy to production/business activities, and the daily life of each person. Electricity is an input to help operate machines, improve productivity, and achieve high efficiency in economic activities. Production and business activities will be stalled, negatively affecting economic growth in countries including Vietnam when countries lack electricity. This article assesses the impact of electricity consumption on Vietnam’s economic growth in the period 1986-2020. The estimated results of the ARDL (Autoregressive Distributed Lag) model show that electricity consumption has an impact on economic growth in the short term and long term.
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In Search of Balance between Economic Growth and Inflation in Vietnam / Ly Dai Hung // Tạp chí Kinh tế và Kinh doanh : JABES . - 2023. - tr. 14-24. - ISSN: 2734-9845
Ký hiệu phân loại (DDC): 337
We define the balance point between economic growth and inflation as the maximum economic growth rate, given that the inflation rate is lower than one value. In the Vietnamese economy, multiple balance points exist. In one balance point, the economic growth is 8.02% given the inflation is below 4%, while in another point, the economic growth is 7.70%, given the inflation is in the 7-8% range. And there is a trap embedded in the 5-6% inflation range. Either the reduction of inflation to below 4% or its increase to fall into the 7-8% range is associated with a greater economic growth rate. Thus, the balance between economic growth and inflation can be considered as a balance path rather than just one balance point. The result is robust in accounting for the role of the foreign exchange rate, as proxied by the depreciation of the domestic currency, and also robust on accounting for both the annual and quarterly data sample. Since higher inflation is harmful to economic growth with a negative correlation coefficient of -0.05 in annual sample, the objective of public policy should be placed in the combination of economic growth and inflation when the inflation rate is below 4%.
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Is Population Growth a Requisite for National Economic Growth? A Revisit of the Debate Using Panel Data Analysis / Osobase, Anthony Onogiese, Ohioze, Wilson Friday2..[and orther) // Tạp chí Kinh tế và Kinh doanh : JABES . - 2022. - tr. 31-45. - ISSN: 2734-9845
Ký hiệu phân loại (DDC): 304.6
This current paper reassesses the controversial discourse regarding the impact of population growth on national economies using data from 66 countries that constitute 85 per cent of the global population. The panel data spans through the periods 2001-2019. The variables include GDP per capita (regressand), aggregate population, fertility rate, life expectancy, crude death rate and gross fixed capital formation. The fixed effects estimator and panel causality tests were utilized to estimate the data. Findings from the fixed effects model suggests that GDP per capita is adversely and significantly predicted by the aggregate population and fertility rate whereas, gross fixed capital formation and crude death rate exert a positive significant effect on the regressand. Surprisingly, the panel causality result advances that there is a two-way causality between the regressand and the regressors. Following the findings, it is recommended that pragmatic policy measures that will control the rising fertility rate, encourage skill acquisition programs and raise employment generation for the rising population will be a welcome develop ment.
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The impact of digital financial inclusion on economic growth in asean countries: Policy implications for vietnam / To Thi Hong Gam, Tran Thi Kim Oanh, Nguyen Viet Hong Anh..[and orthers] // Tạp chí Nghiên cứu Tài chính - Marketing . - 2025. - tr. 50-62. - ISSN: 3030-4296
Ký hiệu phân loại (DDC): 337
This is a significantly different conclusion from earlier research. This can be explained by the fact that digital financial services are still expensive and require a while to mature or adapt to current development paradigms. On the part of control factors, while unemployment (UNE) negatively affects economic growth, others including population growth (POP), inflation (INF), and foreign direct investment (FDI) have a positive effect. The authors used the research results on the data range of ASEAN countries as prior information to regress the model with the data range of Vietnam. The research model’s findings in Vietnam are quite similar to those of the research model in ASEAN countries in general except for the POP variable, which assumes that economic growth (GDP) will decrease when POP increases. Consequently, to stimulate economic growth, ASEAN nations, particularly Vietnam, must identify strategies to lower the cost of accessing digital finance, decrease the unemployment rate, attract more foreign direct investment, and sustain a moderate inflation rate. To reduce the cost of accessing digital finance, policymakers should encourage financial institutions to provide services at lower costs and in remote areas. Additionally, FinTech providers can be leveraged to provide digital financial services.
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