Analisis Pengaruh Keterbukaan Perdagangan, Konsumsi Energi, dan Pertumbuhan Ekonomi terhadap Emisi Karbon di Negara D-8
DOI:
https://doi.org/10.14421/jmes.2023.021-05Keywords:
ARDL Panel, Trade Openness, Energy Consumption, Economic Growth, CO2 EmissionsAbstract
Carbon emissions are one of the main causes of global climate change. High carbon emissions can hinder long-term economic growth. The purpose of this research is to analyze the influence of Trade Openness, Energy Consumption, and Economic Growth variables on CO2 Emissions in D-8 countries (Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey) during the period of 1992 to 2021 using the Autoregressive Distributed Lag (ARDL) panel model. The results of the study indicate that Economic Growth in D-8 countries has a positive long-term effect on CO2 Emissions but has no short-term effect. The Energy Consumption variable has a short-term effect on CO2 Emissions. However, Trade Openness does not have a short-term or long-term effect on CO2 Emissions. Therefore, it is expected that D-8 countries pay attention to policies that encourage investment in renewable energy, incentives for energy efficiency, and regulations that reduce emissions from specific sectors, which can help achieve sustainable and low-carbon economic growth.
Downloads
Abstract viewed: 988 times
|
PDF downloaded = 1361 times
References
Ahmad, M., Işık, C., Jabeen, G., Ali, T., Ozturk, I., & Atchike, D. W. (2021). Heterogeneous links among urban concentration, non-renewable energy use intensity, economic development, and environmental emissions across regional development levels. Science of the Total Environment, 765, 144527.
Ahmed, K. (2016). The sheer scale of China’s urban renewal and CO 2 emissions: multiple structural breaks, long-run relationship, and short-run dynamics. Environmental Science and Pollution Research, 23, 16115–16126.
Alharthi, M., Dogan, E., & Taskin, D. (2021). Analysis of CO 2 emissions and energy consumption by sources in MENA countries: evidence from quantile regressions. Environmental Science and Pollution Research, 28, 38901–38908.
Apergis, N., Payne, J. E., Menyah, K., & Wolde-Rufael, Y. (2010). On the causal dynamics between emissions, nuclear energy, renewable energy, and economic growth. Ecological Economics, 69(11), 2255–2260.
Baek, J. (2015). Environmental Kuznets curve for CO2 emissions: the case of Arctic countries. Energy Economics, 50, 13–17.
Canton, H. (2021). International energy agency—iea. In The Europa Directory of International Organizations 2021 (pp. 684–686). Routledge.
Chontanawat, J. (2020). Relationship between energy consumption, CO2 emission and economic growth in ASEAN: Cointegration and causality model. Energy Reports, 6, 660–665.
Cole, M. A., & Elliott, R. J. R. (2003). Determining the trade–environment composition effect: the role of capital, labor and environmental regulations. Journal of Environmental Economics and Management, 46(3), 363–383.
Copeland, B. R., & Taylor, M. S. (2004). Trade, growth, and the environment. Journal of Economic Literature, 42(1), 7–71.
Dogan, E., Seker, F., & Bulbul, S. (2017). Investigating the impacts of energy consumption, real GDP, tourism and trade on CO2 emissions by accounting for cross-sectional dependence: a panel study of OECD countries. Current Issues in Tourism, 20(16), 1701–1719.
Dogan, H. G., & Sacli, Y. (2019). Contribution of livestock to co2 emission in d-8 (Developing-8) countries: An empirical analyse of panel data. Applied Ecology and Environmental Research, 17(6), 12909–12919. https://doi.org/10.15666/aeer/1706_1290912919
Frankel, J. A., & Rose, A. K. (2005). Is trade good or bad for the environment? Sorting out the causality. Review of Economics and Statistics, 87(1), 85–91.
Grossman, G. M., & Krueger, A. B. (1991). Environmental impacts of a North American free trade agreement. National Bureau of economic research Cambridge, Mass., USA.
Grossman, G. M., & Krueger, A. B. (1995). Economic growth and the environment. The Quarterly Journal of Economics, 110(2), 353–377.
Holtz-Eakin, D., & Selden, T. M. (1995). Stoking the fires? CO2 emissions and economic growth. Journal of Public Economics, 57(1), 85–101.
Karedla, Y., Mishra, R., & Patel, N. (2021). The impact of economic growth, trade openness and manufacturing on CO2 emissions in India: an autoregressive distributive lag (ARDL) bounds test approach. Journal of Economics, Finance and Administrative Science, 26(52), 376–389.
Kasman, A., & Duman, Y. S. (2015). CO2 emissions, economic growth, energy consumption, trade and urbanization in new EU member and candidate countries: a panel data analysis. Economic Modelling, 44, 97–103.
Kraft, J., & Kraft, A. (1978). On the relationship between energy and GNP. The Journal of Energy and Development, 401–403.
Mahmood, H., Maalel, N., & Zarrad, O. (2019). Trade openness and CO2 emissions: Evidence from Tunisia. Sustainability, 11(12), 3295.
Majeed, M. (2020). Reexamination of environmental Kuznets curve for ecological footprint: the role of biocapacity, human capital, and trade. Majeed, MT, & Mazhar, M., Reexamination of Environmental Kuznets Curve for Ecological Footprint: The Role of Biocapacity, Human Capital, and Trade. Pakistan Journal of Commerce and Social Sciences, 14(1), 202–254.
Majeed, M. T., & Asghar, N. (2021). Trade, energy consumption, economic growth, and environmental quality: an empirical evidence from D-8 and G-7 countries. Environmental Science and Pollution Research, 28(43), 61302–61316. https://doi.org/10.1007/s11356-021-15066-z
Majeed, M. T., & Mazhar, M. (2019). Financial development and ecological footprint: a global panel data analysis. Pakistan Journal of Commerce and Social Sciences (PJCSS), 13(2), 487–514.
Managi, S., & Jena, P. R. (2008). Environmental productivity and Kuznets curve in India. Ecological Economics, 65(2), 432–440.
Murthy, U., Shaari, M. S., Mariadas, P. A., & Abidin, N. Z. (2021). The Relationships between CO2 Emissions, Economic Growth and Life Expectancy. Journal of Asian Finance, Economics and Business, 8(2), 801–808. https://doi.org/10.13106/jafeb.2021.vol8.no2.0801
Narayan, P. K., & Narayan, S. (2010). Carbon dioxide emissions and economic growth: Panel data evidence from developing countries. Energy Policy, 38(1), 661–666.
Ozokcu, S., & Ozdemir, O. (2017). Economic growth, energy, and environmental Kuznets curve. Renewable and Sustainable Energy Reviews, 72, 639–647.
Panayotou, T. (1993). Empirical tests and policy analysis of environmental degradation at different stages of economic development.
Pao, H.-T., & Tsai, C.-M. (2010). CO2 emissions, energy consumption and economic growth in BRIC countries. Energy Policy, 38(12), 7850–7860.
Rusiadi, R. H., & Subiantoro, N. (2014). Metode Penelitian Manajemen, Akuntansi dan Ekonomi Pembangunan (Konsep, Kasus dan Aplikasi SPSS, Eviews, Amos, Lisres). Medan: USU Press.
Sadekin, M. N. (2021). Do energy consumption and environmental degradation (CO2 emissions) matter for economic growth?: fresh evidence from a developing economy. International Journal of Energy Economics and Policy.
Schmalensee, R., Stoker, T. M., & Judson, R. A. (1998). World carbon dioxide emissions: 1950–2050. Review of Economics and Statistics, 80(1), 15–27.
Shafiei, S., & Salim, R. A. (2014). Non-renewable and renewable energy consumption and CO2 emissions in OECD countries: a comparative analysis. Energy Policy, 66, 547–556.
Shafik, N., & Bandyopadhyay, S. (1992). Economic growth and environmental quality: time-series and cross-country evidence (Vol. 904). World Bank Publications.
Sun, H., Clottey, S. A., Geng, Y., Fang, K., & Amissah, J. C. K. (2019). Trade openness and carbon emissions: Evidence from belt and road countries. Sustainability (Switzerland), 11(9), 1–20. https://doi.org/10.3390/su11092682
Suri, V., & Chapman, D. (1998). Economic growth, trade and energy: implications for the environmental Kuznets curve. Ecological Economics, 25(2), 195–208.
Tahir, T., Luni, T., Majeed, M. T., & Zafar, A. (2021). The impact of financial development and globalization on environmental quality: evidence from South Asian economies. Environmental Science and Pollution Research, 28, 8088–8101.
Ullah, I., Ali, S., Shah, M. H., Yasim, F., Rehman, A., & Al-Ghazali, B. M. (2019). Linkages between trade, CO2 emissions and healthcare spending in China. International Journal of Environmental Research and Public Health, 16(21), 4298.
Wang, Q., & Zhang, F. (2021). The effects of trade openness on decoupling carbon emissions from economic growth–evidence from 182 countries. Journal of Cleaner Production, 279, 123838.
Wang, S., Yuan, Y., & Wang, H. (2019). Corruption, hidden economy and environmental pollution: a spatial econometric analysis based on China’s provincial panel data. International Journal of Environmental Research and Public Health, 16(16), 2871.
Zafar, M. W., Saud, S., & Hou, F. (2019). The impact of globalization and financial development on environmental quality: evidence from selected countries in the Organization for Economic Co-operation and Development (OECD). Environmental Science and Pollution Research, 26, 13246–13262.
This work is licensed under a 