Evaluating Environmental Sustainability: The Role of Agriculture and Renewable Energy in South Korea

Yugang He ()
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Yugang He: Department of Chinese Trade and Commerce, Sejong University, Seoul 05006, Republic of Korea

Agriculture, 2024, vol. 14, issue 9, 1-18

Abstract: This study investigates the impacts of agriculture and renewable energy consumption on CO 2 emissions in South Korea from 1980 to 2023, highlighting both challenges and opportunities for environmental sustainability. Utilizing bootstrap ARDL, FMOLS, and CCR methodologies, the analysis reveals that traditional agricultural practices significantly increase CO 2 emissions, underscoring the urgent need for sustainable agricultural reforms. Conversely, renewable energy consumption effectively reduces CO 2 emissions, thereby supporting the nation’s transition towards sustainable energy sources. Additionally, control variables such as industrial activity, urbanization, energy prices, and government environmental policies exhibit significant effects on CO 2 emissions. Specifically, industrial activity and urbanization contribute to increased emissions, whereas higher energy prices and stringent environmental policies are associated with reduced emissions. These findings highlight the necessity for targeted agricultural and energy sector reforms to achieve a balance between economic growth and environmental preservation. Robustness tests confirm the stability of these relationships, providing a reliable foundation for policymakers to develop effective strategies for a sustainable future in South Korea.

Keywords: CO 2 emissions; renewable energy consumption; agricultural practices; environmental sustainability; bootstrap ARDL (search for similar items in EconPapers)
JEL-codes: Q1 Q10 Q11 Q12 Q13 Q14 Q15 Q16 Q17 Q18 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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