Vietnam's solar and wind power success: Policy implications for the other ASEAN countries

Submitted by Luat Do on
EfD Authors:

This study analyzes the factors that have facilitated Vietnam's recent rapid solar and wind power expansion and draws policy insights for other member states of the Association of Southeast Asian Nations (ASEAN). A policy-mix analysis focusing on targets, incentive instruments, enabling regulations, and policy implementation is carried out, informed by semi-structured interviews with 20 Vietnamese experts during the period January–March 2021. A comparative analysis between Vietnam and the other ASEAN countries provides policy insights.

Carbon Pricing, Policy Design

Carbon pricing in Vietnam: Options for adoption

Submitted by Luat Do on
EfD Authors:

This paper investigates options for carbon price adoption in Vietnam, with a focus on model designs capable of meeting the country's updated Nationally Determined Contribution (NDC). We employ an ex-ante policy evaluation across environmental, economic, social, and political dimensions, drawing on interviews with key stakeholders. A multi-criteria analysis is also pursued to provide an overall comparison across policy options.

Carbon Pricing, Policy Design

Environmental convergence and environmental Kuznets curve: A unified empirical framework

Submitted by Luat Do on
EfD Authors:

Existing studies disjointly addressed the environmental convergence and environmental Kuznets curve hypotheses, though these research lines are theoretically interconnected. This paper proposes a unified empirical methodology to simultaneously investigate both hypotheses, relying on a semiparametric dynamic panel data model that accounts for regressor endogeneity. The approach, when applied to CO2 emissions in 106 countries, suggests that there is no global level evidence supporting the environmental Kuznets hypothesis, while a convergence process is taking place.

Policy Design

Institutions and Geography: A "Two Sides of the Same Coin" Story of Primary Energy Use in Sub-Saharan Africa

Submitted by Luat Do on
EfD Authors:

Do institutional and geographical characteristics matter for energy consumption similar to the case of economic development? Why do coastal Sub-Saharan African (SSA) countries appear to be more energy-consuming than inland ones? To answer these questions, surprisingly rarely addressed in the existing literature, we empirically assess the determinants of primary energy use across SSA, exploiting spatial analysis methods. Our results highlight the existence of positive geographical spillovers in primary energy use.

Policy Design

When union’s activity matters: the impact of union centralization on economic growth in OECD countries

Submitted by Luat Do on
EfD Authors:

It is nowadays accepted that labour market institutions matter in economic development. However, empirical studies on unions’ effect are not univocal. We provide new insight into the impact of unions on the long-run performance of industrialized economies using an indicator of union centralization. Relying on a recent panel dataset of OECD countries, we estimate a growth equation and show that a high degree of union centralization can be harmful to growth.

Policy Design

Subsidies—Help or Hurt? A Study from Vietnamese Fisheries

Submitted by Luat Do on
EfD Authors:

Subsidies are part of the set of management tools that governments apply to modernize their fishing fleets and enable them to engage in offshore and international fisheries. Research has shown that subsidies often lead to overcapacity and overfishing, resulting in the depletion of fish stocks. A few studies, however, have found some positive effects for particular subsidies. In this paper, we investigate a credit-linked subsidy scheme in Vietnam, which seems to be justified on the basis of economic, social, and environmental considerations.

Fisheries, Policy Design

Can payments for forest environmental services help improve income and attitudes toward forest conservation? Household-level evaluation in the Central Highlands of Vietnam

Submitted by Luat Do on
EfD Authors:

Payments for environmental services (PES) are considered an effective approach to solving both environmental and socio-economic issues. However, there lies a significant research gap in the context of their impact on income and attitudes toward conservation. Using household survey data and the propensity score matching technique, this study evaluates the impact of the payments for forest environmental services (PFES) program on household income and attitudes toward forest conservation in the Central Highlands of Vietnam.

Forestry, Policy Design

Climate Policy: Science, Economics, and Extremes

Submitted by Luat Do on
EfD Authors:

Climate scientists, and natural scientists more generally, believe that climate change is a major, perhaps the most important, problem facing humankind this century, and that it is increasingly linked to extreme weather events. However, the impression one gets from much of the economic literature, particularly simulations from integrated assessment models used in policy analysis, is that the potential impacts of climate change are not large enough to warrant aggressive mitigation efforts in the near term.

Policy Design

Nonlinear temperature response of electricity loads and implications for power development policies in Vietnam

Submitted by Luat Do on
EfD Authors:

Understanding how electricity demand responds to the ambient temperature is critical for the safe and efficient operation of the power system. Examining an extended series of daily electricity records from 2011 to 2020, we find that there is a significant nonlinear temperature-electricity load response approximating a cubic function of the temperature or the cooling degree days in the two major power subsystems in northern and southern Vietnam.

Energy, Policy Design

Stakeholder perceptions towards sustainable shrimp aquaculture in Vietnam

Submitted by Luat Do on

Aquaculture is the fastest growing food production industry globally and is considered to have the greatest potential to meet the growing demand for seafood and being a solution to overfishing. Despite the benefits of aquaculture, the rapid growth and intensification of production (so-called conventional aquaculture) has raised concerns about food safety, fish welfare, and environmental and social issues stemming from a tragedy of the commons.

Policy Design