CO2 EMISSIONS, ELECTRICITY CONSUMPTION AND OUTPUT IN ASEAN
Hooi Hooi Lean (learnmy@gmail.com) and
Russell Smyth
No 13-09, Development Research Unit Working Paper Series from Monash University, Department of Economics
Abstract:
This study examines the causal relationship between carbon dioxide emissions, electricity consumption and economic growth within a panel vector error correction model for five ASEAN countries over the period 1980 to 2006. The long-run estimates indicate that there is a statistically significant positive association between electricity consumption and emissions and a non-linear relationship between emissions and real output, consistent with the Environmental Kuznets Curve. The long-run estimates, however, do not indicate the direction of causality between the variables. The results from the Granger causality tests suggest that in the long-run there is unidirectional Granger causality running from electricity consumption and emissions to economic growth. The results also point to unidirectional Granger causality running from emissions to electricity consumption in the short-run.
Keywords: ASEAN; carbon dioxide emissions; energy consumption; economic growth. (search for similar items in EconPapers)
JEL-codes: Q43 Q53 Q56 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2009-07-02
New Economics Papers: this item is included in nep-ene and nep-env
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Citations: View citations in EconPapers (39)
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Journal Article: CO2 emissions, electricity consumption and output in ASEAN (2010)
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