Universal Journal of Science and Technology
Vol. 1 No. 2 (2022): September 2022

Greenhouse Gases and Determinants of Growth: An Analysis of the Environmental Kuznets Curve Hypothesis on ASEAN-5 Countries

Claire Daiynes Pama (University of Santo Tomas, Philippines)
Abigail Joy Pastrana (University of Santo Tomas, Philippines)
Jasmine Isabella Rogel (University of Santo Tomas, Philippines)
Marie Antoinette Rosete (University of Santo Tomas, Philippines)



Article Info

Publish Date
24 Nov 2022

Abstract

The Environmental Kuznets Curve (EKC) hypothesis is the most notable method for measuring environmental degradation and its relationship with economic growth. In this research paper, the researchers examine the validity of the relationship between carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), and fluorinated gasses (F-Gas) to Gross Domestic Product, population, renewable energy consumption, trade openness, and inflation of the ASEAN-5 countries’ data from 1990-2018, using panel regression tests which are POLS, FE model, and RE model. Results reveal that the independent variables do not affect CH4 based on the RE model while CO2, N2O, and F-GAS are partially affected based on the FE model. The EKC is confirmed only for F-GAS, suggesting that a turning point is established. Other emissions imply that these economies are still in their early stages of development, hence the non-existence of EKC. Based on the outcomes, recommended actions specifically for the agricultural and industrial sectors include the following: (1) investing in renewable energy, (2) provision of subsidies and incentivization, and (3) adopting and modifying emission-related systematic waste management and recycling to better suit each countries’ economy.

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Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Electrical & Electronics Engineering Industrial & Manufacturing Engineering Materials Science & Nanotechnology Mechanical Engineering

Description

UJoST- Universal Journal of Science and Technology (e-ISSN: - ) is International Journal published by the Faculty of Science and Technology, University of Pramita Indonesia in 2022. We publish the original research papers, the review articles and the case studies focusing on science and technology, ...