Does the Shadow Economy Promote the Exploitation of Natural Resources and Cause Environmental Pollution in Vietnam?


Authors

  • Bui Hoang Ngoc Ho Chi Minh City University of Food Industry https://orcid.org/0000-0002-1892-985X
  • Nguyen Huynh Mai Tram Ho Chi Minh City Open University
  • Phan Thi Lieu University of Labour and Social Affairs (Campus II)
DOI: https://doi.org/10.57110/jebvn.v3i3.224

Keywords:

Shadow economy, natural resources, environmental pollution, sustainable development, Vietnam

Abstract

This study was conducted to answer the question of whether the existence of the shadow economy promotes the exploitation of natural resources and causes environmental pollution in Vietnam. The evidence from the autoregressive distributed lag approach shows that the shadow economy: (i) increases the demand for natural resources in the long run; (ii) increases CO2 emissions in the short term, but improves environmental pollution in the long term. In addition, economic growth positively promotes consumption of natural resources and environmental pollution, while human development helps limit environmental degradation. Based on the findings of the study, the authors suggest some policies to help enhance sustainable development in Vietnam.

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Published

25-06-2023

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How to Cite

Bui Hoang Ngoc, Nguyen Huynh Mai Tram, & Phan Thi Lieu. (2023). Does the Shadow Economy Promote the Exploitation of Natural Resources and Cause Environmental Pollution in Vietnam?. VNU JOURNAL OF ECONOMICS AND BUSINESS, 3(3). https://doi.org/10.57110/jebvn.v3i3.224

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