scholarly journals Impacts of International Trade and FDI on the Consumption of Renewable Energy, Case in ASEAN Countries

Author(s):  
Thieu Manh Nguyen et al., Thieu Manh Nguyen et al., ◽  
Management ◽  
2020 ◽  
Vol 24 (2) ◽  
pp. 146-157
Author(s):  
Hoang Thanh Hanh ◽  
Dinh Tran Ngoc Huy ◽  
Nguyen Thi Thanh Phuong ◽  
Le Thi Viet Nga ◽  
Pham Tuan Anh

SummaryASEAN (The Association of SouthEast Asian Nations) demand on energy is depending on economic growth of each country, resources, and political and regulations of each country. This study aims to investigate the role of international trade, financial development, foreign direct investment (FDI) on the consumption of renewable energy (RE) in ASEAN countries of the world. The findings explore that positive nexus among the international trade, real output, financial development, foreign direct investment and consumption of RE. Last but not least, this paper will propose several recommendations and policy suggestion for ASEAN countries to manage and encourage better renewable energy projects in the region. One of its original value is that, in the globalization and integration era, environment pollution will affect all ASEAN countries and in the region, so these nations need to link together to implement renewable projects for environment pr otection and for further generation.


2019 ◽  
Vol 1 (02) ◽  
pp. 112-123
Author(s):  
Putri Dewi Purnama ◽  
Ming Hung Yao

The aim of this study is to find the relationship between international trade and economic growth in ASEAN countries. Three independent variables used to measure the economic growth include international trade, the exchange rate, and foreign direct investment. This study employs a pedroni panel cointegration test to examine the data from 2004 to 2015. The results show that there is a long term cointegrated relationship between international trade and economic growth in the ASEAN countries. International trade and foreign direct investment also have a long term, positive impact on economic growth. Meanwhile, the exchange rate also has a long term, negative influence on the economic growth. In addition, there is an indirect relationship and bidirectional causalities between the GDP and international trade, as well as between the GDP and the exchange rate. On the other hand, there is a direct relationship and a bidirectional causality between international trade and the exchange rate. The FDI leads GDP, international trade, and exchange rates. Our results suggest that international trade must be supported by government policies that aim to enhance the financing of new investment for economic growth.


Author(s):  
Jili Liu ◽  
Solomon Prince Nathaniel ◽  
Supat Chupradit ◽  
Arsalan Hussain ◽  
Cihat Köksal ◽  
...  

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