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All Journal Journal of Management and Business Environment (JMBE)
Sugiarto, Dennys Ilham
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences Other

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Concentration and Determinants of Carbon Dioxide (CO2) Emissions in 25 Asian Countries from 2015 to 2021 Sugiarto, Dennys Ilham; Hastuti, Sri Rahayu Budi
Journal of Management and Business Environment (JMBE) Vol 7, No 1: July 2025
Publisher : Soegijapranata Catholic University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24167/jmbe.v7i1.12760

Abstract

This study analyzes the concentration of carbon dioxide (CO2) emissions and their determinants in 25 Asian countries from 2015 to 2021. Carbon dioxide (CO2) is a greenhouse gas produced by human activities, such as fossil fuel combustion. The study utilizes secondary data and employs two analytical tools: the concentration index, which identifies countries with the highest CO2 emissions, and panel data regression to analyze its determinants. The findings reveal that 13 out of 25 countries have a concentration index greater than one, with Japan, Russia, and Azerbaijan ranking as the top three countries with the highest CO2 emission concentrations, while Vietnam has the lowest concentration index, with a value of less than one. The variables of oil consumption, natural gas consumption, coal consumption, and population size have a positive and significant effect on CO2 emissions in the 25 Asian countries. On the other hand, economic growth does not have a significant impact on CO2 emissions. These findings highlight the urgency of implementing energy transition policies in high-emission countries as a strategic measure to reduce dependence on fossil fuels. Furthermore, the development of population-based policies oriented toward sustainability is deemed crucial to effectively reducing carbon emissions across the Asian region.
Co-Authors Sri Rahayu Budi Hastuti