Print ISSN: 2204-1990

Online ISSN: 1323-6903

Keywords : energy consumption


The relationship between tourism, foreign direct investment, energy consumption, agriculture and economic growth: evidence from Vietnam

HOANG THI PHUONG THAO; LE DINH PHU CUONG; DONG WANG; NGUYEN THI THU HUONG; VU MANH CUONG; PHAM DINH TRUNG; DINH QUOC HIEU

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 2, Pages 6612-6632
DOI: 10.47750/cibg.2021.27.02.642

This research is one of the most effective studies in Vietnam
using observed variables including tourism, agriculture, foreign direct
investment, energy consumption and economic development in the period
1990-2019. This work affirms the role of attracting foreign investment in
Vietnam in the past 20 years, from which we predict the same results in the
future. The research method used ARDL (Autoregressive Distributed
Lag)model, Bound Test, ECM model and Granger causality to explore the
short-run, long-run and causal relationships between them. The results
show that Foreign Direct Investment (FDI) positively affects economic
development while energy consumption is in the opposite direction, energy
consumption exists a positive relationship to agricultural development
whereas tourism development exists a negative impact in terms of drought.
In addition, one-way causal relations are found that FDI promotes energy
consumption, economic development leads to increased energy
consumption and the promotion of tourism by energy consumption.
Thereby, we have given a number of solutions to increase attracting foreign
investment. In addition, we have proposed to open directions for improving
renewable capacity such as finding modern renewable energy sources for
agriculture and tourism development. Besides, we also show that the
impact of the Covid-19 pandemic globally, which has been start in progress
since 2019 until now.

Impact of Energy Consumption on Economic Growth of Malaysia: Crisis Effect

Jerome Kueh; Josephine Yau Tan Hwang; Audrey Liwan

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 2, Pages 5364-5373
DOI: 10.47750/cibg.2021.27.02.544

The study aims to examine the impact of energy consumption on the economic growth of Malaysia by considering the 1997 Asian Financial Crisis and 2009 Global Financial Crisis. Autoregressive distributed lag (ARDL) bounds testing method is adopted to estimate the long run and short run impact for the sample period from 1980 to 2019. Empirical findings show that energy consumption has a positive impact on the economic growth of Malaysia in the long run. Furthermore, the impact of energy consumption on growth intensifies during both financial crisis periods

A Precarious Study of network propagation delay in Blockchain Technology

Summiya A Pathan; Dr. Yogesh Kumar Sharma

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 1, Pages 332-341

This paper analyses the Bitcoinblockchain selfish-mine strategy. A colluding group of miners could use this tactic to earn more than their fair share of mining profits and thereby forcefully join other honest men in decreasing the variance of their revenues and making their revenues more stable for months. It is a very dangerous dynamic that could enable the disbelieving mining body, accumulating news adherents' forces and manipulating the entire network, to enter the majority. Given that information spread between two miners in the network is not negligible and is accompanied by a normally distributed midway distribution proportional to the physical gap between the two miners, and by a permanent variance, regardless of other people's delays, we show that the success or failure of the attack on the selfish mines can not be assured due to uncertainty.