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OWNERSHIP AND ENERGY CONSUMPTION IN VIETNAM: A PANEL DATA ANALYSIS OF ECONOMIC SECTORS

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Abstract This study empirically examines the relationship between total energy including electricity, coal, coal briquette, engine/motor oil, kerosene, fuel oil, diesel, LPG, and natural gas for three economic... sectors including state economic sector, non-state economic sector and foreign economic sector in Vietnam from 2000 to 2015. The results indicate that Vietnamese economy is an energy-dependent economy; the non-state economic sector depends on energy consumption significantly, whereas the foreign economic sector is opposite. The result of state economic sector is insignificant statistically, therefore it is inconclusive. Besides, the results suggest that coal and coal briquette are important fuel for economic growth, especially for the foreign economic sector.show more

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Created Date 2019.11.27
Modified Date 2020.10.14

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