Analysis of Energy Intensity Determinants and CO2 Emissions in ASEAN Countries

Nelda Mustika () and Idris Idris
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Nelda Mustika: Universitas Negeri Padang
Idris Idris: Universitas Negeri Padang

A chapter in Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-10 2022), 2025, pp 507-516 from Springer

Abstract: Abstract This research examines how per capita income, Foreign Direct Investment (FDI), economic growth, and renewable energy impact energy intensity and CO2 emissions within ASEAN nations. Utilizing panel data from 2000 to 2020, the study focuses on five ASEAN member countries: Indonesia, Malaysia, Thailand, Vietnam, and the Philippines. The analysis reveals that these variables collectively shape energy intensity and CO2 emissions in the region. Specifically, per capita income and FDI are found to have a significant negative influence on energy intensity, while economic growth exerts a positive but insignificant effect. Energy intensity, however, shows a positive yet insignificant correlation with CO2 emissions. On the other hand, FDI significantly increases CO2 emissions, whereas economic growth and renewable energy contribute to reducing CO2 emissions through their significant negative effects.

Keywords: Energy Intensity; CO2 Emissions; Economic Factors (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-839-4_43

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DOI: 10.2991/978-94-6463-839-4_43

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