Impact of Macro Economic Factors and Financial Development on Energy Projects - Case in ASEAN Countries

ASEAN (The Association of SouthEast Asian Nations) demand on energy is depending on economic growth of each country, resources, and political and regulations of each country. This study aims to investigate the role of international trade, financial development, foreign direct investment (FDI) on the...

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Main Authors: Hanh Hoang Thanh, Huy Dinh Tran Ngoc, Phuong Nguyen Thi Thanh, Nga Le Thi Viet, Anh Pham Tuan
Format: Article
Language:English
Published: Faculty of Law and Economic Sciences University of Zielona Góra 2020-12-01
Series:Management
Subjects:
Online Access:http://www.degruyter.com/view/j/manment.2019.24.issue-2/manment-2019-0051/manment-2019-0051.xml?format=INT
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author Hanh Hoang Thanh
Huy Dinh Tran Ngoc
Phuong Nguyen Thi Thanh
Nga Le Thi Viet
Anh Pham Tuan
author_facet Hanh Hoang Thanh
Huy Dinh Tran Ngoc
Phuong Nguyen Thi Thanh
Nga Le Thi Viet
Anh Pham Tuan
author_sort Hanh Hoang Thanh
collection DOAJ
description ASEAN (The Association of SouthEast Asian Nations) demand on energy is depending on economic growth of each country, resources, and political and regulations of each country. This study aims to investigate the role of international trade, financial development, foreign direct investment (FDI) on the consumption of renewable energy (RE) in ASEAN countries of the world. The findings explore that positive nexus among the international trade, real output, financial development, foreign direct investment and consumption of RE. Last but not least, this paper will propose several recommendations and policy suggestion for ASEAN countries to manage and encourage better renewable energy projects in the region. One of its original value is that, in the globalization and integration era, environment pollution will affect all ASEAN countries and in the region, so these nations need to link together to implement renewable projects for environment pr otection and for further generation.
format Article
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institution Kabale University
issn 2299-193X
language English
publishDate 2020-12-01
publisher Faculty of Law and Economic Sciences University of Zielona Góra
record_format Article
series Management
spelling doaj-art-b403c4cb17bc4aa78f650919ab7c76d12025-08-20T03:38:43ZengFaculty of Law and Economic Sciences University of Zielona GóraManagement2299-193X2020-12-0124214615710.2478/manment-2019-0051manment-2019-0051Impact of Macro Economic Factors and Financial Development on Energy Projects - Case in ASEAN CountriesHanh Hoang Thanh0Huy Dinh Tran Ngoc1Phuong Nguyen Thi Thanh2Nga Le Thi Viet3Anh Pham Tuan4Ph.D., Academy of Finance, VietnamMBA., Banking University, HCM cityVietnam-Graduate School of International Management, International University of Japan, Niigata, JapanPh.D., Thuongmai UniversityHanoi, VietnamPh.D., Thuongmai University Hanoi, VietnamPh.D., Thuongmai University Hanoi, VietnamASEAN (The Association of SouthEast Asian Nations) demand on energy is depending on economic growth of each country, resources, and political and regulations of each country. This study aims to investigate the role of international trade, financial development, foreign direct investment (FDI) on the consumption of renewable energy (RE) in ASEAN countries of the world. The findings explore that positive nexus among the international trade, real output, financial development, foreign direct investment and consumption of RE. Last but not least, this paper will propose several recommendations and policy suggestion for ASEAN countries to manage and encourage better renewable energy projects in the region. One of its original value is that, in the globalization and integration era, environment pollution will affect all ASEAN countries and in the region, so these nations need to link together to implement renewable projects for environment pr otection and for further generation.http://www.degruyter.com/view/j/manment.2019.24.issue-2/manment-2019-0051/manment-2019-0051.xml?format=INTcommercefinancial developmentenergy projectsmacro policiese44e60
spellingShingle Hanh Hoang Thanh
Huy Dinh Tran Ngoc
Phuong Nguyen Thi Thanh
Nga Le Thi Viet
Anh Pham Tuan
Impact of Macro Economic Factors and Financial Development on Energy Projects - Case in ASEAN Countries
Management
commerce
financial development
energy projects
macro policies
e44
e60
title Impact of Macro Economic Factors and Financial Development on Energy Projects - Case in ASEAN Countries
title_full Impact of Macro Economic Factors and Financial Development on Energy Projects - Case in ASEAN Countries
title_fullStr Impact of Macro Economic Factors and Financial Development on Energy Projects - Case in ASEAN Countries
title_full_unstemmed Impact of Macro Economic Factors and Financial Development on Energy Projects - Case in ASEAN Countries
title_short Impact of Macro Economic Factors and Financial Development on Energy Projects - Case in ASEAN Countries
title_sort impact of macro economic factors and financial development on energy projects case in asean countries
topic commerce
financial development
energy projects
macro policies
e44
e60
url http://www.degruyter.com/view/j/manment.2019.24.issue-2/manment-2019-0051/manment-2019-0051.xml?format=INT
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AT huydinhtranngoc impactofmacroeconomicfactorsandfinancialdevelopmentonenergyprojectscaseinaseancountries
AT phuongnguyenthithanh impactofmacroeconomicfactorsandfinancialdevelopmentonenergyprojectscaseinaseancountries
AT ngalethiviet impactofmacroeconomicfactorsandfinancialdevelopmentonenergyprojectscaseinaseancountries
AT anhphamtuan impactofmacroeconomicfactorsandfinancialdevelopmentonenergyprojectscaseinaseancountries