How do social and economic factors affect carbon emissions? New evidence from five ASEAN developing countries
Date
2022
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Publisher
Taylor and Francis Ltd.
Abstract
This 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.
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Keywords
ASEAN countries, Carbon emissions, energy consumption, Environmental Kuznets Curve, foreign direct investment, GDP, government education expenditures, urbanisation
Citation
Tebourbi, I., Nguyen, A. T. T., Yuan, S. -., & Huang, C. -. (2022). How do social and economic factors affect carbon emissions? new evidence from five ASEAN developing countries. Economic Research-Ekonomska Istrazivanja, https://doi.org/10.1080/1331677X.2022.2120038.