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- W4254753208 abstract "This article analyses the relationships among carbon emissions, energy consumption, trade and economic growth in 12 Asia-Pacific economies. The results indicate the existence of four long-run equilibrium relationships among carbon emissions, energy consumption, trade and economic growth. These four variables are causally related to each other. The inverted-U environment Kuznets hypothesis is supported. The long-run elasticity of carbon emissions with respect to trade and energy consumption were 0.21 and 1.13, respectively. Furthermore, the empirical evidence from a dynamic panel error-correction model revealed two short-run unidirectional causalities: from trade to energy consumption and from energy consumption to GDP growth. The short-run results also showed two bidirectional causal relationships between energy consumption and carbon emissions and between economic growth and carbon emissions. These results suggest that Asia-Pacific economies undertake energy policy to reduce carbon emissions by increasing the energy efficiency and substantially increasing the share of renewable energy in the overall energy usage." @default.
- W4254753208 created "2022-05-12" @default.
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- W4254753208 date "2018-01-01" @default.
- W4254753208 modified "2023-10-17" @default.
- W4254753208 title "Carbon emissions, energy consumption, trade openness and economic growth in 12 Asia-Pacific economies: evidence from panel co-integration results" @default.
- W4254753208 doi "https://doi.org/10.1504/ijgw.2018.094555" @default.
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