EconPapers    
Economics at your fingertips  
 

Revisiting the Causal Relationship between CO2 Emissions and Economic Growth in 12 Asian Countries: Evidence from a Bootstrap Panel Causality Test

Kuei-Chiu Lee (), Hsiao-Ping Chu (), Tsangyao Chang () and Roula Inglesi-Lotz ()
Additional contact information
Kuei-Chiu Lee: Department of Finance, Feng Chia University, Taichung, Taiwan
Hsiao-Ping Chu: Department of Business Administration, Ling Tung University, Taichung, Taiwan

No 201413, Working Papers from University of Pretoria, Department of Economics

Abstract: This study applies bootstrap panel Granger causality methods to investigate the relationship between CO2 emissions and economic growth using data from 12 Asian countries over the period of 1965-2010. Both real GDP per capita and CO2 emissions data are used in this study. Empirical results indicate that one-way Granger causality running from CO2 emissions to economic growth for Pakistan, one-way Granger causality running from economic growth to CO2 emissions for India and Japan, a bi-directional causality for Thailand and Vietnam and neutrality for the remaining 7 countries (i.e., China, Indonesia, Malaysia, Philippines, Singapore, South Korea, and Taiwan). Our results have important policy implications for the 12 Asian countries under study.

Keywords: Economic Growth; CO2 Emissions; Asian Countries; Bootstrap (search for similar items in EconPapers)
Pages: 39 pages
Date: 2014-04
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pre:wpaper:201413

Access Statistics for this paper

More papers in Working Papers from University of Pretoria, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Rangan Gupta ().

 
Page updated 2021-02-22
Handle: RePEc:pre:wpaper:201413