1. Time-varying interrelations between digitalization and human capital in Vietnam.
- Author
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Huyen, Nguyen Thi Thanh, Chuong, Pham Hong, Ha, Nguyen Thi Thu, Thanh, To Trung, and Ha, Le Thanh
- Subjects
HUMAN capital ,DIGITAL technology ,HUMAN Development Index ,TRANSMITTERS (Communication) - Abstract
In this study, we use a time-varying parameter vector autoregression in conjunction with the extended joint connectedness approach (TVPVAR-EJC) to examine the interrelationships among five variables, namely digitalization measured by the number of individuals using the Internet (% of the population), mobile cellular subscriptions (per 100 people), human capital index, CO
2 emissions, and GDP, from 1996 to 2019 in Vietnam. Net total directional connectedness of digitalization and other variables suggests that it consistently acts as a net shock transmitter, whereas human capital was found to be a net receiver of corresponding shocks from 1997 to 2019. The emission of CO2 was a net critical receiver in 1998 but remained as a net transmitter for the rest of the period. Pairwise connectedness reveals that digitalization appeared as a net shock transmitter in connection with the human capital index and GDP. In the relationship with human capital, digitalization's role was critical. [ABSTRACT FROM AUTHOR]- Published
- 2024
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