Munich Personal RePEc Archive

The Environmental Kuznets Curve in ASEAN: The Case of Carbon Emissions

Budhi Utomo, Ginanjar and Widodo, Tri (2019): The Environmental Kuznets Curve in ASEAN: The Case of Carbon Emissions.

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Abstract

Over the past two decades, researchers have sought to establish empirical evidence for an Environmental Kuznets Curve (EKC) for carbon dioxide (CO2), with varied results. This study builds on that research to re-evaluate whether the EKC exists for CO2 emissions, using an improved dataset and the enhanced econometric technique Generalized Methods of Moments (GMM) estimator. The aims determine how various factors like economic growth, and energy use influence CO2 emissions. The CO2 emission rate is the dependent variable and the independent variables of the model include the lagged dependent variable, GDP per capita (constant 2010 US$), and energy use. We find that EKC is based on economic growth for ASEAN countries, and increased energy use actually increase CO2 emissions

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