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The Impact of Human Capital on Energy Consumption in Vietnam

Author

Listed:
  • Lien Do Thi Hoa

    (Faculty of Business Administration, University of Labor and Social Affairs, Campus Ho Chi Minh City, Vietnam)

  • Phuong Vo Hang Hoang

    (Faculty of Business Administration, University of Labor and Social Affairs, Campus Ho Chi Minh City, Vietnam)

Abstract

The paper studied the impact of human capital on energy consumption in Vietnam using the ARDL model during the period from 1986 to 2019. The results showed that there exists a long-term positive relationship between human capital and aggregate energy consumption, fossil energy consumption, average renewable energy consumption. Besides, the study also revealed the impact of economic growth on fossil energy consumption in the short term. These findings helped proposing a number of recommendations for the government such as improving the quality of human capital, using more renewable energy and the need to fund research and development.

Suggested Citation

  • Lien Do Thi Hoa & Phuong Vo Hang Hoang, 2024. "The Impact of Human Capital on Energy Consumption in Vietnam," International Journal of Energy Economics and Policy, Econjournals, vol. 14(5), pages 279-291, September.
    • Handle: RePEc:eco:journ2:2024-05-29
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    More about this item

    Keywords

    Human Capital; Energy Consumption; Renewable Energy Consumption; Vietnam;
    All these keywords.

    JEL classification:

    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • J0 - Labor and Demographic Economics - - General

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