Green Economy Transition in Vietnam: Assessing Unemployment and Life Expectancy Dynamics

The study assesses how the environmental factor influences the social dimension of the global green economy index. Covering the period from 1991 to 2023, the study utilizes a descriptive-quantitative approach with time-series data. It employs the Ordinary Least Squares (OLS) model in EViews to exami...

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Main Authors: Jude Anne P. Salvador, Elisha Angel Anne G. Santiago, Ronaldo R. Cabauatan, Marie Antoinette L. Rosete
Format: Article
Language:English
Published: CV. Literasi Indonesia 2024-12-01
Series:Indonesian Journal of Social and Environmental Issues
Subjects:
Online Access:https://ojs.literacyinstitute.org/index.php/ijsei/article/view/1699
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author Jude Anne P. Salvador
Elisha Angel Anne G. Santiago
Ronaldo R. Cabauatan
Marie Antoinette L. Rosete
author_facet Jude Anne P. Salvador
Elisha Angel Anne G. Santiago
Ronaldo R. Cabauatan
Marie Antoinette L. Rosete
author_sort Jude Anne P. Salvador
collection DOAJ
description The study assesses how the environmental factor influences the social dimension of the global green economy index. Covering the period from 1991 to 2023, the study utilizes a descriptive-quantitative approach with time-series data. It employs the Ordinary Least Squares (OLS) model in EViews to examine the connections between these variables and socioeconomic results. The findings reveal that CO2 emissions negatively affect life expectancy, while forest area contributes positively. Nevertheless, the use of renewable energy does not demonstrate a statistically significant impact on life expectancy. Similarly, none of the independent variables—CO2 emissions, forest area, and renewable energy consumption—were statistically significant for unemployment. The autoregressive term (AR(1)) is highly significant, indicating that past unemployment rates strongly influence current unemployment levels. These results emphasize the importance of addressing environmental factors to improve life expectancy, while also highlighting the limited direct impact of green economy variables on unemployment in Vietnam.
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spelling doaj-art-42d785eda4634033b2f1dadfd51317312025-01-20T00:37:02ZengCV. Literasi IndonesiaIndonesian Journal of Social and Environmental Issues2722-13692024-12-015327628610.47540/ijsei.v5i3.16991700Green Economy Transition in Vietnam: Assessing Unemployment and Life Expectancy DynamicsJude Anne P. Salvador0Elisha Angel Anne G. Santiago1Ronaldo R. Cabauatan2Marie Antoinette L. Rosete3Department of Business Economics - Commerce and Business Administration, University of Santo Tomas, PhilippinesDepartment of Business Economics - Commerce and Business Administration, University of Santo Tomas, PhilippinesDepartment of Business Economics - Commerce and Business Administration, University of Santo Tomas, PhilippinesDepartment of Business Economics - Commerce and Business Administration, University of Santo Tomas, PhilippinesThe study assesses how the environmental factor influences the social dimension of the global green economy index. Covering the period from 1991 to 2023, the study utilizes a descriptive-quantitative approach with time-series data. It employs the Ordinary Least Squares (OLS) model in EViews to examine the connections between these variables and socioeconomic results. The findings reveal that CO2 emissions negatively affect life expectancy, while forest area contributes positively. Nevertheless, the use of renewable energy does not demonstrate a statistically significant impact on life expectancy. Similarly, none of the independent variables—CO2 emissions, forest area, and renewable energy consumption—were statistically significant for unemployment. The autoregressive term (AR(1)) is highly significant, indicating that past unemployment rates strongly influence current unemployment levels. These results emphasize the importance of addressing environmental factors to improve life expectancy, while also highlighting the limited direct impact of green economy variables on unemployment in Vietnam.https://ojs.literacyinstitute.org/index.php/ijsei/article/view/1699green economy indexlife expectancyols modelunemployment
spellingShingle Jude Anne P. Salvador
Elisha Angel Anne G. Santiago
Ronaldo R. Cabauatan
Marie Antoinette L. Rosete
Green Economy Transition in Vietnam: Assessing Unemployment and Life Expectancy Dynamics
Indonesian Journal of Social and Environmental Issues
green economy index
life expectancy
ols model
unemployment
title Green Economy Transition in Vietnam: Assessing Unemployment and Life Expectancy Dynamics
title_full Green Economy Transition in Vietnam: Assessing Unemployment and Life Expectancy Dynamics
title_fullStr Green Economy Transition in Vietnam: Assessing Unemployment and Life Expectancy Dynamics
title_full_unstemmed Green Economy Transition in Vietnam: Assessing Unemployment and Life Expectancy Dynamics
title_short Green Economy Transition in Vietnam: Assessing Unemployment and Life Expectancy Dynamics
title_sort green economy transition in vietnam assessing unemployment and life expectancy dynamics
topic green economy index
life expectancy
ols model
unemployment
url https://ojs.literacyinstitute.org/index.php/ijsei/article/view/1699
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AT elishaangelannegsantiago greeneconomytransitioninvietnamassessingunemploymentandlifeexpectancydynamics
AT ronaldorcabauatan greeneconomytransitioninvietnamassessingunemploymentandlifeexpectancydynamics
AT marieantoinettelrosete greeneconomytransitioninvietnamassessingunemploymentandlifeexpectancydynamics