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Browsing Accounting & Finance by Subject "ASEAN countries"
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Item How do social and economic factors affect carbon emissions? New evidence from five ASEAN developing countries(Taylor and Francis Ltd., 2022) Tebourbi, Imen; Nguyen, Anh Thi Truc; Yuan, Shu-Fang; Huang, Chiung-YuThis study analyzes the long and short-run impacts of social and economic factors on carbon emissions from five developing ASEAN countries during the period 1986–2017. Utilising a Pooled Mean Group Estimator, we find a nonlinear relationship between CO2 emissions and real GDP, confirming the Environmental Kuznets Curve. Our results indicate that energy consumption is the main driver of environmental degradation in these countries; and that FDI and urbanisation reduce carbon emissions. Our research indicates both a long-run and short-run nexus between government education expenditures and CO2 emissions. We conclude with policy suggestions to reduce CO2 emissions while attaining sustainable growth. © 2022 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.