评估越南环境创新与全球化之间随时间变化的相互联系水平

Le Thanh Ha
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引用次数: 0

摘要

本研究旨在研究1994年至2019年环境相关技术创新(EI)、贸易开放(trade)、二氧化碳排放(co2)和外国直接投资(FDI)五个变量之间的关系。设计/方法/方法本研究采用了扩展关节连通性技术和时变参数向量自回归(TVP-VAR)方法。分析重点关注环境相关技术创新(EI)、贸易开放(trade)、二氧化碳排放(co2)和外国直接投资(FDI)等变量,使用1994年至2019年的数据。研究结果表明,环境相关技术的创新和对FDI捕获的全球网络的开放被认为是冲击的关键净传递者。此外,trade捕获的对全球贸易网络的开放从发送者变成了接收者,反之亦然。而且可以看出,EI的影响在观察期的前5年是显著的,在1997年传递的冲击最大。在政策影响方面,研究结果为投资者和政策制定者提供了有价值的见解。随着企业效率和环境可持续性之间的权衡减少,越南的经济和企业必须按照全球趋势拥抱绿色和可持续增长。在一个充满不确定性和风险的世界中,企业需要制定战略,以管理地缘政治紧张局势、投入材料供应、金融货币不稳定和自然灾害带来的风险和冲击。本研究对现有文献的贡献主要体现在两个方面。首先,如前所述,本文首次尝试研究经济全球化与环境创新之间的关系。其次,本研究提出了一种新的方法,更适合于分析不同市场类型之间的波动性相互联系。
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Gauging the level of time-varying interlinkages between environmental innovation and globalization in Vietnam
Purpose This study aims to examine connections between five variables, including innovation in environment-related technology (EI), trade openness (TRADE), CO 2 emissions (CO 2 ) and foreign direct investment (FDI) from 1994 to 2019. Design/methodology/approach This study used an extended joint connectedness technique and the time-varying parameter vector autoregression (TVP-VAR) method. The analysis focuses on the variables of innovation in environment-related technology (EI), trade openness (TRADE), CO 2 emissions (CO 2 ) and foreign direct investment (FDI) using data from 1994 to 2019. Findings The results demonstrate that innovation in environment-related technology and an openness to the global network captured by FDI are identified as crucial net transmitters of shocks. In addition, an openness to the global trade network captured by TRADE turns from a transmitter to a receiver of shocks and vice versa. Moreover, it can be seen that the impact of EI was significant in the first five years of the observed period, and it transmitted the largest shock in 1997. Practical implications With regard to policy implications, the findings offer valuable insights for investors and policymakers. As the tradeoff between business efficiency and environmental sustainability diminishes, it is essential for Vietnam’s economy and enterprises to embrace green and sustainable growth in line with global trends. In a world characterized by uncertainties and risks, enterprises need to develop strategies to manage risks and shocks arising from geopolitical tensions, input material supply, financial–monetary instability and natural disasters. Originality/value This study contributes to the existing literature in two significant ways. First, as previously emphasized, this paper represents the first attempt to investigate the relationship between economic globalization and environmental innovation. Second, this study proposes a novel methodology that is better suited for analyzing volatility interlinkages across different market types.
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来源期刊
CiteScore
6.30
自引率
10.30%
发文量
32
期刊介绍: The International Journal of Innovation Science publishes fundamental and applied research in innovation practices. As the official journal of the International Association of Innovation Professionals (IAOIP), the journal is a forum for the exchange of advanced knowledge in innovation, including emerging technologies and best practices, tools and techniques, metrics, and organization design and culture; as well as the stakeholder engagement, change management, and leadership skills required to ensure innovation succeeds. Areas of Coverage: -Innovation processes, methods, techniques- Individual''s role in Innovation- Improvements in HR, marketing, finance, or other disciplines that enable innovation- Innovation practices in specific industries or countries- Innovation centers, incubators, labs...- Regional or national economic development/policies related to innovation- Innovation competency, skills- Innovation conventions, competitions, or training- Innovation for entrepreneurs-Regional impacts on innovation- Growing innovationthrough university programs- Attracting innovative companies and entrepreneurs
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