IDEAS home Printed from https://ideas.repec.org/a/spr/lsprsc/v18y2025i1d10.1007_s12076-025-00421-2.html
   My bibliography  Save this article

The dynamic effects of green growth, environmental taxes, renewable energy consumption, financial development, and globalization on the load capacity factor in Vietnam: novel findings from wavelet quantile regression

Author

Listed:
  • Hoang Thi Xuan

    (University of Economics and Law
    Vietnam National University)

  • Nguyen Chi Hai

    (University of Economics and Law
    Vietnam National University)

  • Ngo Thai Hung

    (University of Finance-Marketing)

Abstract

This study investigates the interaction between green growth (GG), environmental taxes (ET), financial development (FD), renewable energy consumption (REN), and globalization (GLO) in shaping environmental sustainability in Vietnam. By doing so, we employ advanced econometric techniques, including wavelet quantile regression, the spectral Granger causality test, and quantile-on-quantile regression, which allow us to assess the strength and direction of relationships between the variables across different timescales. The results uncover a significant influence of all regressors on the load capacity factor (LCF) across various periods and frequencies. Specifically, GG, FD, ET, GLO, and REN have positive effects on environmental sustainability across all quantiles and time horizons, with REN making a notable contribution to promoting LCF in Vietnam. Furthermore, the spectral Granger causality results indicate that GLO, GG, and ET predict environmental sustainability in the short run, whereas REN and FD forecast LCF in the long run. These findings have important implications for strengthening sustainability-oriented policies and enhancing renewable energy adoption.

Suggested Citation

  • Hoang Thi Xuan & Nguyen Chi Hai & Ngo Thai Hung, 2025. "The dynamic effects of green growth, environmental taxes, renewable energy consumption, financial development, and globalization on the load capacity factor in Vietnam: novel findings from wavelet qua," Letters in Spatial and Resource Sciences, Springer, vol. 18(1), pages 1-18, December.
    • Handle: RePEc:spr:lsprsc:v:18:y:2025:i:1:d:10.1007_s12076-025-00421-2
    DOI: 10.1007/s12076-025-00421-2
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s12076-025-00421-2
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s12076-025-00421-2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:lsprsc:v:18:y:2025:i:1:d:10.1007_s12076-025-00421-2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.