Vietnam's Export-Led Growth Model and Environment Performance

Truong, Thi Thuy Linh, Wang, Pengji, and Wood, Jacob (2024) Vietnam's Export-Led Growth Model and Environment Performance. In: Tan, Sook Rei, Jang, Haejin, and Wood, Jacob, (eds.) Economic Growth and Development in the Tropics. Routledge Advances in Business, Industry and Trade in the Tropics . Routledge, London, UK, pp. 191-222.

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Abstract

This chapter aims to investigate the impact of Vietnam’s export-led growth model driven by analyzing the impact of exports and foreign direct investment (FDI) on environmental performance. The environmental performance is investigated by looking into greenhouse emission measured by CO2 emission intensity and bio-diversity loss measured by the Red List Index. The Bayesian linear regression was employed to analyze the data that was extracted from multiple sources including General Statistics Office Vietnam, World Bank, and the United Nations Statistics from between 1985 and 2023. The results show that exports have a U-shaped relationship with CO2 emission intensity and biodiversity loss, while industrial goods exports are always positively related to CO2 emission intensity. Furthermore, the foreign sectors’ export shows a U-shaped relationship with CO2 emission intensity. FDI inflow does significantly affect CO2 emission intensity but contributes to biodiversity loss. From our assessment of the results, a series of relevant policy recommendations are also provided.

Item ID: 82523
Item Type: Book Chapter (Research - B1)
ISBN: 9781003349204
Keywords: Export, FDI, CO2 emission intensity, Biodiversity loss, Vietnam
Copyright Information: © 2024 selection and editorial matter, Sook Rei Tan, Haejin Jang and Jacob Wood; individual chapters, the contributors
Date Deposited: 08 May 2024 01:11
FoR Codes: 38 ECONOMICS > 3801 Applied economics > 380105 Environment and resource economics @ 100%
SEO Codes: 19 ENVIRONMENTAL POLICY, CLIMATE CHANGE AND NATURAL HAZARDS > 1902 Environmental policy, legislation and standards > 190209 Sustainability indicators @ 20%
19 ENVIRONMENTAL POLICY, CLIMATE CHANGE AND NATURAL HAZARDS > 1902 Environmental policy, legislation and standards > 190210 Trade and environment @ 80%
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