Impact of Urbanization and Economic Growth on CO 2 Emission: A Case of Far East Asian Countries

Asim Anwar, Mustafa Younis and Inayat Ullah
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Asim Anwar: Department of Management Sciences, COMSATS University Islamabad, Attock Campus, Attock 43600, Pakistan
Mustafa Younis: Department of Health Policy & Management, Jackson State University, Jackson, MS 39217, USA
Inayat Ullah: Department of Management Sciences, COMSATS University Islamabad, Attock Campus, Attock 43600, Pakistan

IJERPH, 2020, vol. 17, issue 7, 1-8

Abstract: Rising CO 2 emission constitute a great threat to the world environment and public health. This study examines the major determinants of CO 2 emissions in Far East countries in the period of 1980 to 2017. We adopt a panel data-fixed effect model that accounts for time-invariant country-specific characteristics that may create omitted-variable bias. We also additionally take care of the time trend by applying an annual fixed effect into our model. The study finds that urbanization, economic growth and trade openness significantly determine CO 2 emission in the selected countries. Thus, the main policy suggestions are (a) to encourage green and sustainable urbanization, as it helps in economic progress but not at the expense of environmental deterioration; (b) to strategically regulate and improve industrial structure; and (c) enhance sharing of renewable energy in total energy consumption.

Keywords: CO 2 emission; economic growth; urbanization; fixed effect model; Far East countries (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (26)

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