CO2Emissions, Population, Tourism, Oil Consumption, and Corruption: Evidence from ASEAN 5 Developing Countries

Winny Perwithosuci, Izza Mafruhah, Evi Gravitiani and Tamat Sarmidi

A chapter in Macroeconomic Risk and Growth in the Southeast Asian Countries: Insight from SEA, 2023, vol. 33B, pp 137-148 from Emerald Group Publishing Limited

Abstract: Environmental degradation is a global concern that results from massive economic activities. Carbon dioxide (CO2) emissions are one of the environmental degradation indicators. This study investigates the impact of population, oil consumption, international tourist arrival, and corruption on CO2emissions in ASEAN’s five developing countries of Malaysia, Indonesia, Thailand, Philippines, and Vietnam from 1998 to 2017. This study employed panel Fixed-effect (FE) regression to estimate the panel data generated by British Petroleum and World Bank. The result revealed that the population has a significant positive effect on CO2emissions. Furthermore, oil consumption has a significant positive effect on CO2emissions. Meanwhile, the effect of tourism and the corruption perception index (CPI) as a proxy of corruption on CO2emissions was positive but not significant. Authorities should construct such policies to reduce CO2emissions by applying low-carbon technologies, green mass transport, and creating less corrupt behavior.

Keywords: CO2 emission; population; oil consumption; tourism; corruption; ASEAN; Q4; Q53; Q56 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eme:isetez:s1571-03862023000033b009

DOI: 10.1108/S1571-03862023000033B009

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