Investigating the Causal Linkage among Economic Growth, Energy Consumption, Urbanization and Environmental Quality in ASEAN-5 Countries

Syeda Azra Batool, Humara Ahmad, Syed Muhammad Ahmad Hassan Gillani, Hamad Raza, Muhammad Siddique, Nohman Khan and Muhammad Imran Qureshi
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Syeda Azra Batool: School of Economics, Bahauddin Zakariya University, Multan, Pakistan
Humara Ahmad: Azman Hashim International Business School, Universiti Teknologi Malaysia, Johor Bahru, Malaysia
Syed Muhammad Ahmad Hassan Gillani: Lyallpur Business School, Government College University Faisalabad, Pakistan,
Hamad Raza: Lyallpur Business School, Government College University Faisalabad, Pakistan,
Muhammad Siddique: Department of Commerce, University of the Punjab, Gujranwala Campus, Pakistan,
Nohman Khan: UniKL Business School, Universiti Kuala Lumpur, Kuala Lumpur, Malaysia,
Muhammad Imran Qureshi: Faculty of Technology Management and Technopreneurship, Universiti Teknikal Malaysia Melaka, Durian Tunggal, Malaysia.

International Journal of Energy Economics and Policy, 2021, vol. 11, issue 3, 319-327

Abstract: The present study aims to explore the causal relationship among economic growth energy consumption and urbanization and environmental quality in ASEAN-5 countries. The current study conduct time series analysis in ASEAN-5 countries using the granger casualty model consisting data set from 1980 to 2018. The outcomes of the present study reveals that the energy consumption urban population granger cause to CO2 emission in ASEAN-5 countries. The study suggested that ASEAN-5 should reduce the utilization of fossil fuel based energy and induct robust policies towards augmenting the adeptness of renewable energy and energy-usage programs to condense redundant energy waste.

Keywords: Economic growth; energy consumption; environmental quality; CO2 emission; environmental sustainability; ASEAN-5 (search for similar items in EconPapers)
JEL-codes: F64 N75 O13 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2021-03-39

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