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Cảnh Nguyễn-Phúc

Senior Research Associate

PhD. in Economics, University of Economics Ho Chi Minh City - Vietnam

Email:

CanhNguyen@ueh.edu.vn

Nguyễn Phúc Cảnh
Nguyễn Phúc Cảnh

Canh Nguyen-Phuc is Senior Research Associate at HAPRI and Senior Lecturer in the School of Public Finance at the University of Economics Ho Chi Minh City, Vietnam. He holds a PhD in Economics from the University of Economics Ho Chi Minh City. His work includes publications on uncertainty and corporate default risk in the Journal of International Financial Markets, Institutions and Money, energy-related uncertainty in Energy Economics, and tourism and gender (in)equality in Tourism Management Perspectives. His research focuses on financial economics, energy economics, tourism economics and shadow economy.

Curriculum vitae:

Other affilication:

University of Economics HCMC

Country:

Vietnam

Research fields of interest:

Financial Economics, Energy Economics, Tourism Economics, Shadow Economy

PUBLICATIONS

2019
2020
2021
2022
2023
2024
2025
2026

Heliyon

2026

doi.org/10.1016/j.heliyon.2026.e45186
When banks compete, what happens to firm default risk? New evidence from emerging markets

Duc Nguyen Nguyen, Canh Phuc Nguyen

Keywords:

Emerging Markets, Competition (biology), Default Risk, Debt, Sample (material), Robustness (evolution), Default, Empirical Evidence

More Information

Environment, Development and Sustainability

2026

doi.org/10.1007/s10668-025-07189-x
Taxation and economic complexity: Further evidence regarding environmental taxes

Nguyen Doan, Canh Phuc Nguyen, Huong Doan, Binh Quang Nguyen

Keywords:

Environmental Taxes, Economic Complexity, Energy Taxes, Profit Taxes, System GMM, Global Sample

More Information

Annals of Public and Cooperative Economics

2026

doi.org/10.1111/apce.70029
Environmental taxes and the economy: New evidence of the shadow economy

Canh Phuc Nguyen, Nguyen Doan, Huong Doan, Cong Thanh Nguyen, Binh Quang Nguyen

Keywords:

Environmental Taxes, Shadow Economy, Energy Tax, Unemployment, Tax Burden, Global Sample

More Information

International Economics

2026

doi.org/10.1016/j.inteco.2026.100744
Does the Sectoral Shift Towards Services Lead to a Shift in the Global Energy Mix?

Nadia Doytch, Canh Phuc Nguyen, Deepika Krishnan

Keywords:

Global Energy and Sustainability Research, Energy, Environment, Economic Growth, Innovation Diffusion and Forecasting

More Information

Journal of Economics Finance and Administrative Science

2026

doi.org/10.1108/jefas-12-2025-0458
Child penalty in developing countries: evidence from Vietnam

Nguyen Doan, Canh Phuc Nguyen, Thanh Dinh Su, Binh Quang Nguyen, Duyen Le Thuy Tran

Keywords:

Grandparent, Developing Country, Ethnic Group, Matching (statistics), Childbirth, Census, Panel Data, Face (sociological Concept)

More Information

Quality & Quantity

2026

doi.org/10.1007/s11135-026-03082-5
Measuring U.S. fiscal policy uncertainty: The COVOL approach

Tam Hoang Nhat Dang, Canh Phuc Nguyen, David Gabauer

Keywords:

US, Fiscal Policy Uncertainty, COVOL, Common Volatility, Sectoral Volatility, Long Memory

More Information

International Economics and Economic Policy

2026

doi.org/10.1007/s10368-026-00775-y
E-government and income inequality

Canh Phuc Nguyen, Nguyen Doan, Huong Doan, Binh Quang Nguyen

Keywords:

Economic Inequality, Public Finance, Language Change, Sample (material), Index (typography), Income Distribution, Gini Coefficient, Developing Country

More Information

Energy Policy

2025

doi.org/10.1016/j.enpol.2025.114845
Does fiscal decentralization reduce energy poverty? Evidence from Vietnam

Nguyen Doan, Canh Phuc Nguyen, Thanh Dinh Su

Keywords:

Fiscal decentralization, Energy Poverty, Fiscal revenue, Fiscal expenditure, Developing country

More Information

Environmental and Sustainability Indicators

2025

doi.org/10.1016/j.indic.2025.100984
Do structural transformation and ICT development reduce the ecological footprints of nations?

Nadia Doytch, Canh Phuc Nguyen, Ayesha Ashraf

Keywords:

Structural transformation, ICT, Agriculture, Industry, Services, Ecological footprints

More Information

Finance Research Letters

2025

doi.org/10.1016/j.frl.2025.108721
The lead–lag relationship of US fiscal policy uncertainty: New evidence from R² decomposed connectedness measures

D Gabauer, THN Dang, CP Nguyen

Keywords:

US, Fiscal policy uncertainty, Fiscal policy spillovers, Dynamic connectedness

More Information

Journal of Policy Research in Tourism, Leisure and Events

2025

doi.org/10.1080/19407963.2025.2507628
The effects of tourism on the environment: an institutional perspective

Canh Phuc Nguyen, Christophe Schinckus, Felicia Hui Ling Chong, Binh Quang Nguyen, Cong Thanh Nguyen

Keywords:

Tourism Development, Institutional Quality, CO2 Emissions, EKC, STIRPAT, Global Sample

More Information

Technology in Society

2025

doi.org/10.1016/j.techsoc.2025.102935
Small technologies make a big difference: Alleviating energy poverty to improve air quality

Canh Phuc Nguyen, Nguyen Doan, Huong Doan

Keywords:

Energy Poverty, Clean fuels, Clean technologies, Air pollution

More Information

International Economic Journal

2025

doi.org/10.1080/10168737.2025.2456156
How e-Government Affects the Shadow Economy: A Further Analysis

Nguyen Doan, Canh Phuc Nguyen, Binh Quang Nguyen

Keywords:

E-Government, Shadow Economy, Telecommunication Infrastructure, Panel Data, Global Sample, Uncertainty

More Information

Quality & Quantity

2025

doi.org/10.1007/s11135-025-02205-8
Multi-dimensional energy poverty and inequality in Vietnam

Nguyen Doan, Canh Phuc Nguyen, Thanh Dinh Su, Binh Quang Nguyen & Duyen Thuy Le Tran

Keywords:

Energy Access, Energy Informatics, Energy Justice, Energy and Society, Energy Security, Social Indicators

More Information

Quality & Quantity

2025

doi.org/10.1007/s11135-025-02417-y
Introducing a new index of central bank digital currency development

Canh Phuc Nguyen, Nguyen Doan, Luis Chavez-Bedoya, Tam Hoang Nhat Dang & Hien Duy Phan

Keywords:

CBDC, Cryptocurrency, Market, Coin, Index

More Information

Annals of Tourism Research

2025

doi.org/10.1016/j.annals.2025.103974
Carbon tax and tourism consumption

Nguyen Doan & Canh Phuc Nguyen

Keywords:

Carbon tax, Kyoto Protocol, Tourism, Spending

More Information

International Social Science Journal

2025

doi.org/10.1111/issj.12573
What Is the Unexpected Impact of Mandatory Gender‐Equal Pay for Work of Equal Value on the Shadow Economy?

Nguyen Doan, Canh Phuc Nguyen, Huong Doan, Binh Quang Nguyen

Keywords:

Shadow Economy, Gender-equal Pay, Equal Pay Legislation, Male Labour Force Participation, Gender Equality, Global Sample

More Information

Economia Politica

2025

doi.org/10.1007/s40888-025-00380-3
Women in parliament and fiscal decentralization

Nguyen Doan & Canh Phuc Nguyen

Keywords:

Fiscal Policy, Gender and ICT, Gender Economics, Legislative Politics, Politics and Gender, Public Finance

More Information

Journal of Policy Research in Tourism, Leisure and Events

2025

doi.org/10.1080/19407963.2025.2531512
The effect of domestic and international tourism on economic complexity: a global perspective

Canh Phuc Nguyen, Duy-Tung Bui, Binh Quang Nguyen, Duyen Thuy Le Tran

Keywords:

Domestic Tourism, International Tourism, Economic Complexity, Income Levels, Dynamic Panel Data, Global Sample

More Information

Resources Policy

2025

doi.org/10.1016/j.resourpol.2025.105509
Do natural threats matter for natural resources rents? Global evidence

Canh Phuc Nguyen & Binh Quang Nguyen

Keywords:

Natural hazards, Risk, Uncertainty, Disaster, Resource rents

More Information

Energy

2025

doi.org/10.1016/j.energy.2025.134882
Can e-government facilitate the deployment of renewable energy?

Nguyen Doan & Canh Phuc Nguyen

Keywords:

Green Transition, Renewable Energy, E-Government, Cost of doing business

More Information

Journal of Interdisciplinary Economics

2024

10.1177/02601079241232776
Green Transitions in Developing Countries: Perspectives on Women’s Political Leadership

Doan, N. and Doan, H. and Nguyen, C. P.

Keywords:

Women empowerment, Green Transition, CO2 emissions, Renewable Energy, Institutional Quality

More Information

Environ Dev Sustain

2024

10.1007/s10668-024-05541-1
Natural hazards and the influence on the shadow economy: non-linear evidence from panel analysis

Nguyen, C.P., Nguyen, B.Q. & Le Tran, D.T.

Keywords:

Natural hazards, Risk, Uncertainty, Economic vulnerability, Shadow Economy, Panel Data

More Information

Renewable Energy

2024

10.1016/j.renene.2024.120675
From Kyoto to Paris and Beyond: A Deep Dive into the Green Shift

Nguyen Doan, Huong Doan, Canh Phuc Nguyen, Binh Quang Nguyen

Keywords:

Green Transition, Paris Agreement, CO2 emissions, Kyoto Protocol

More Information

International Social Science Journal

2024

10.1111/issj.12534
Information technology and outbound tourism: A cross‐country analysis

Nguyen, C. P., Schinckus, C., Chong, F. H. L., Nguyen, B. Q., & Tran, D. T. L.

Keywords:

Technology advancement, Outbound tourism

More Information

Environmental and Sustainability Indicators

2024

10.1016/j.indic.2024.100353
Foreign Direct Investment and Forest Land: A Sectoral Investigation

Nadia Doytch, Ayesha Ashraf, Canh Phuc Nguyen

Keywords:

Sectoral FDI, FDI ecological halo, Forest land, Forest ecological footprint

More Information

Economic Systems

2024

10.1016/j.ecosys.2024.101268
Do environmental taxes corrupt governments?

Nguyen, C. P., Doytch, N., Nguyen, B. Q., & Le Tran, D. T.

Keywords:

Tax, Environmental Tax, Corruption, Government, Environment

More Information

Environmental and Sustainability Indicators

2023

10.1016/j.indic.2023.100270
From natural risk to social justice: The influence of natural threats on gender inequality

Nguyen, C. P., & Nguyen, B. Q.

Keywords:

Natural Hazards, Risk, Gender equality

More Information

Energy Economics

2023

10.1016/j.eneco.2023.106817
Measuring the energy-related uncertainty index

Dang, T. H. N., Nguyen, C. P., Lee, G. S., Nguyen, B. Q., & Le, T. T.

Keywords:

Energy shocks, Energy uncertainty, Text searching approach, EIU reports, Uncertainty

More Information

Journal of Industrial and Business Economics

2023

10.1007/s40812-023-00274-0
Institutional frameworks and the shadow economy: new evidence of colonial history, socialist history, religion, and legal systems

Nguyen, C., Nguyen Quang, B. & Su, T.

Keywords:

Institutions, Religion, Legal system, Colonial history, Socialist History, Shadow Economy

More Information

Reference Module in Social Sciences

2023

10.1016/B978-0-44-313776-1.00142-2
The effects of the global economic policy uncertainty on fiscal cyclicality: An institutional perspective

Canh Phuc Nguyen, Christophe Schinckus, Felicia H.L. Chong, Binh Quang Nguyen

Keywords:

Economic Policy Uncertainty, Fiscal Cyclicality, Institutional Quality, Panel Data, Global Sample

More Information

Review of Development Finance

2023

Finance, Human Capital and Economic Development: A Multi-Dimensional Analysis and Long-Run Impacts

Nguyen, C. P., Schinckus, C., Chong, F. H., Nguyen, B. Q., & Le Tran, D. T.

Keywords:

Financial development, Human Capital, GDP, GDP per capita

More Information

International Journal of Finance & Economics

2023

10.1002/ijfe.2782
Mobile and internet usage, institutions and the trade balance: Evidence from African countries

Nguyen, C. P., Doytch, N., Schinckus, C., & Su, T. D.

Keywords:

Africa, Export, Import, Institutional Quality, Internet Usage, Mobile Usage, Trade Balance

More Information

Heliyon

2023

10.1016/j.heliyon.2023.e22399
Does tourism reduce the shadow economy? An international evidence

Nguyen, C. P., Schinckus, C., & Nguyen, B. Q.

Keywords:

Tourism, Shadow Economy, FDI, Trade openness, Unemployment, Income level

More Information

Sustainability

2023

10.3390/su151914523
Is Entrepreneurship the Key to Achieving Environmental Sustainability? A Data-Driven Analysis from the Asia-Pacific Region

Thai-Ha Le, Canh Phuc Nguyen, Manh-Tien Bui

Keywords:

Entrepreneurship, Environmental Sustainability, Panel Data Analysis

More Information

Pandemic and the City

2023

10.1007/978-3-031-21983-2_10
What Happened After SARS in 2003? The Economic Impacts of a Pandemic

Noy, I., Sawada, Y., Doan, N. and Nguyen, C.P.

Keywords:

Disease, Epidemic, Pandemic, SARS, COVID-19

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Romanian Journal of Economic Forecasting

2023

The Influence of Information Technologies and International Tourism on Trade

Nguyen, C. P., Nguyen, B. Q., & Le Tran, D. T

Keywords:

Tourism, Demand, Trade, Internet, Mobile Phone

More Information

Journal of International Financial Markets, Institutions and Money

2023

10.1016/j.intfin.2023.101864
Implications of central bank digital currency for financial stability: Evidence from the global banking sector

Luu, H. N., Nguyen, C. P., & Nasir, M. A.

Keywords:

CBDC, Financial stability, Banking sector, Retails CBDC, Wholesale CBDC, Central banking, CBDC adoption index

More Information

Social Science Quarterly

2023

10.1111/ssqu.13281
Economic complexity and income inequality: New evidence of a nonlinear effect

Nguyen, Canh Phuc, Nguyen, Binh Quang, and Tran, Duyen Thuy Le.

Keywords:

Economic Complexity, Income Inequality, Income Share, Nonlinear Effect, Panel Data

More Information

Tourism Analysis

2023

10.3727/108354223X17010357583831
Asymmetric effects of tourism on the geography of economic activities

Nguyen, Canh Phuc; Bui, Tung; Nguyen, Van Hong Thi; Nguyen, Binh Quang

Keywords:

Economic Complexity, Geography, Service Sector, Tourism

More Information

Empirical Economics

2023

10.1007/s00181-022-02354-x
Does the shadow economy matter for tourism consumption? New global evidence

Nguyen, C.P., Nguyen, B.Q.

Keywords:

Shadow Economy, Tourism, Domestic travelling, Outbound travelling

More Information

Journal of Industrial and Business Economics

2023

10.1007/s40812-023-00278-w
Digitalization and informal economy: a global evidence of internet usage

Nguyen, C. P., Schinckus, C., Nguyen, Q. B., & Le Tran, D. T.

Keywords:

Digitalization, Internet Usage, Informal Economy

More Information

Environmental Science and Pollution Research

2023

10.1007/s11356-023-26621-1
A look beyond climate risk exposure: the impact of incapacity to cope with natural hazards on financial development

Nguyen, C.P., Nguyen, N.D. & Wongchoti, J

Keywords:

Climate risk, Financial development, Coping capacities, Financial institutions, Financial Markets

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Social Indicators Research

2022

10.1007/s11205-022-02935-4
Export Dynamics and Income Inequality: New Evidence on Export Quality

Nguyen, C. P., & Su, T. D.

Keywords:

Export Quality, Income Inequality, Trade Openness, Panel Data, Global Sample

More Information

Journal of International Financial Markets, Institutions and Money

2022

10.1016/j.intfin.2022.101571
Uncertainty and corporate default risk: Novel evidence from emerging markets

Nguyen, D. N. and Nguyen, C. P.

Keywords:

Uncertainty, Corporate Default Risk, Emerging Markets, Financial Markets

More Information

Tourism Management Perspectives

2022

10.1016/j.tmp.2021.100933
Tourism and gender (in)equality: Global evidence

Canh Phuc Nguyen

Keywords:

Tourism, Gender Equality, Panel Data, Global Sample

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Land Use Policy

2022

10.1016/j.landusepol.2022.106456
Environmental foe or friend: The influence of the shadow economy on forest land

Nguyen, C. P., & Nguyen, B. Q.

Keywords:

Shadow Economy, Forest Land, Environment, Panel Data, Global Sample

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Review of Development Finance

2022

The Effect of Global Economic Policy Uncertainty on Public Spending: A Perspective on the External Debt and Shadow Economy

Nguyen, C. P., & Schinckus, C. (2022).

Keywords:

Economic Policy Uncertainty, Public Spending, External Debt, Shadow Economy, Global Sample

More Information

Environmental Science and Pollution Research

2022

10.1007/s11356-022-21547-6
Does knowledge matter for the environment? Global evidence of economic complexity and ecological footprints

Nguyen, C. P., & Doytch, N.

Keywords:

Economic Complexity, Ecological Footprint, Environment, Panel Data, Global Sample

More Information

Journal of Environmental Studies and Sciences

2022

10.1007/s13412-022-00802-9
Over two decades of severe deforestation: an economic perspective of tourism development

Nguyen, C. P., Nguyen, B. Q., & Tran, D. T. L.

Keywords:

Forest, Land-use change, Tourism, Domestic travelling, International visitor, Sustainable development

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