dc.description.abstract | The energy sectors has played an important role in the dramatic economic development in Vietnam, and become a critical factor sustaining the well-being of the Vietnamese people. This study aims to investigate the role of the five kinds of energy sector (coal and coke, crude oil, natural gas, petroleum product, electricity) in the national economy of Vietnam by using input-output analysis. Data from the period 2007-2012 was used to analyze the inter-industrial effects in 58 sectors, focusing on three topics: the impact of energy supply investment on individual sectors and the inter-industry linkage effect; the energy supply shortage effect; and the impact of the rise in energy rates on prices of other products. The results reveal that: most of energy sectors have forward linkage effect values greater than one, this could imply that the energy sectors are sensitive changes by economic fluctuations and it is a vital input to national existence. The backward linkage effects of the energy sectors have significant difference. In particular, “petroleum products” and “coal and coke” have a relatively strong capacity for pulling other industries, meanwhile “crude oil”, “natural gas” and “electricity” have a relatively weak capacity for pulling in other industries. Among the five kinds of energy sectors, the petroleum product sector with a highest forward linkage effect has more strength to support the other industries, and that with highest backward linkage effect has a relatively strong capacity for pulling in other industries. Taking the energy industry as exogenous, this study further explores its economic effects on other sectors, including production-inducing, supply-shortage, and price effects. Moreover, potential uses of the results are illustrated from the perspective of policy instruments and some policy implications are discussed. | en_US |