Economic impact of CO2 emissions on Thailand's growth and climate change mitigation policy: A modelling analysis

Tran Van Hoa and Kitti Limskul
Authors registered in the RePEc Author Service: Van Hoa Tran () and Van Hoa Tran

Economic Modelling, 2013, vol. 33, issue C, 651-658

Abstract: In response to growing concerns about global warming and climate change, numerous energy scenario or computable general equilibrium models have been developed worldwide to provide alerts, mitigation, adaptation, financial and sustainability policy options. However, rigorous evidence-based economic measurement and analysis of the trade-off between CO2 emissions and economic growth for credible climate change policies are still limited globally. To improve analysis, debate and policies in this field with Thailand as a special case-study, the paper develops a new “top down” endogenous growth-CO2 emission multi-equation model with an endogenous Kuznets environmental curve to provide robust empirical findings on the trade-off, its implications for climate change mitigation policy and credible national responses. The findings importantly satisfy the Friedman (1953), Kydland (2006) simplicity and realism criterion. Recommended policies are also critically discussed.

Keywords: Economic growth; CO2 emissions; Endogenous growth and trade theory; Econometric modelling and forecasts; Climate change policies (search for similar items in EconPapers)
JEL-codes: C51 C53 Q43 Q51 Q56 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:33:y:2013:i:c:p:651-658

DOI: 10.1016/j.econmod.2013.04.019

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