Dynamic relationships between energy use economic growth foreign investment and environmental pollution in South Korea from 1990 to 2023
Abstract This study investigates the dynamic interplay between energy consumption (ECO), fossil fuel (FFU) use, renewable energy (RE), foreign direct investment (FDI), population growth (PG), economic growth (EG), and environmental pollution in South Korea from 1990 to 2023. Using a Vector Error Cor...
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| Format: | Article |
| Language: | English |
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Springer
2025-08-01
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| Series: | Discover Sustainability |
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| Online Access: | https://doi.org/10.1007/s43621-025-01735-3 |
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| _version_ | 1849344139046420480 |
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| author | Vu Ngoc Xuan |
| author_facet | Vu Ngoc Xuan |
| author_sort | Vu Ngoc Xuan |
| collection | DOAJ |
| description | Abstract This study investigates the dynamic interplay between energy consumption (ECO), fossil fuel (FFU) use, renewable energy (RE), foreign direct investment (FDI), population growth (PG), economic growth (EG), and environmental pollution in South Korea from 1990 to 2023. Using a Vector Error Correction Model (VECM) model and Granger causality framework, the analysis identifies FFU use and electricity consumption as key drivers of CO₂ emissions. At the same time, RE adoption shows a mitigating effect. FDI contributes positively to GDP growth but also intensifies energy demand. The findings underscore the need for targeted policy interventions to promote green investment and reduce fossil dependency. This research contributes to the growing literature on sustainable development by offering country-specific insights and evidence-based policy implications. |
| format | Article |
| id | doaj-art-52eb9b7c409d46ebbc0601bf6b923846 |
| institution | Kabale University |
| issn | 2662-9984 |
| language | English |
| publishDate | 2025-08-01 |
| publisher | Springer |
| record_format | Article |
| series | Discover Sustainability |
| spelling | doaj-art-52eb9b7c409d46ebbc0601bf6b9238462025-08-20T03:42:45ZengSpringerDiscover Sustainability2662-99842025-08-016112310.1007/s43621-025-01735-3Dynamic relationships between energy use economic growth foreign investment and environmental pollution in South Korea from 1990 to 2023Vu Ngoc Xuan0Faculty of Economics, College of Economics and Public Management, National Economics UniversityAbstract This study investigates the dynamic interplay between energy consumption (ECO), fossil fuel (FFU) use, renewable energy (RE), foreign direct investment (FDI), population growth (PG), economic growth (EG), and environmental pollution in South Korea from 1990 to 2023. Using a Vector Error Correction Model (VECM) model and Granger causality framework, the analysis identifies FFU use and electricity consumption as key drivers of CO₂ emissions. At the same time, RE adoption shows a mitigating effect. FDI contributes positively to GDP growth but also intensifies energy demand. The findings underscore the need for targeted policy interventions to promote green investment and reduce fossil dependency. This research contributes to the growing literature on sustainable development by offering country-specific insights and evidence-based policy implications.https://doi.org/10.1007/s43621-025-01735-3Carbon dioxide emissions (CO2)Electricity consumption (ECO)Fossil fuel (FFU)Renewable energy (RE)Economic growth (EG)Environmental pollution (EP) |
| spellingShingle | Vu Ngoc Xuan Dynamic relationships between energy use economic growth foreign investment and environmental pollution in South Korea from 1990 to 2023 Discover Sustainability Carbon dioxide emissions (CO2) Electricity consumption (ECO) Fossil fuel (FFU) Renewable energy (RE) Economic growth (EG) Environmental pollution (EP) |
| title | Dynamic relationships between energy use economic growth foreign investment and environmental pollution in South Korea from 1990 to 2023 |
| title_full | Dynamic relationships between energy use economic growth foreign investment and environmental pollution in South Korea from 1990 to 2023 |
| title_fullStr | Dynamic relationships between energy use economic growth foreign investment and environmental pollution in South Korea from 1990 to 2023 |
| title_full_unstemmed | Dynamic relationships between energy use economic growth foreign investment and environmental pollution in South Korea from 1990 to 2023 |
| title_short | Dynamic relationships between energy use economic growth foreign investment and environmental pollution in South Korea from 1990 to 2023 |
| title_sort | dynamic relationships between energy use economic growth foreign investment and environmental pollution in south korea from 1990 to 2023 |
| topic | Carbon dioxide emissions (CO2) Electricity consumption (ECO) Fossil fuel (FFU) Renewable energy (RE) Economic growth (EG) Environmental pollution (EP) |
| url | https://doi.org/10.1007/s43621-025-01735-3 |
| work_keys_str_mv | AT vungocxuan dynamicrelationshipsbetweenenergyuseeconomicgrowthforeigninvestmentandenvironmentalpollutioninsouthkoreafrom1990to2023 |