Jurnal Ilmu Ekonomi
Vol. 10 No. 01 (2026): Jurnal Ilmu Ekonomi

Economic Growth And Carbon Emissions: An ARDL Panel Study Of 10 Asean Countries

Priastiwi, Dian (Unknown)
Fatmawati, Anisa (Unknown)



Article Info

Publish Date
01 Feb 2026

Abstract

An increase in carbon dioxide emissions accompanies the rise in economic activity. This study analyzes the short-run and long-run relationship between economic growth and CO₂ emissions, focusing on 10 ASEAN countries from 1990 to 2022. A quantitative approach is employed using the Panel Autoregressive Distributed Lag (Panel ARDL) model with the Pooled Mean Group (PMG) estimation method. The results indicate that economic growth and population have a positive and significant impact on CO₂ emissions in the long run. In the short run, the Error Correction Term (ECT) indicates an adjustment mechanism toward long-run equilibrium, with individual-country analysis revealing heterogeneity in adjustment speed. Only Cambodia and Laos demonstrate a strong and significant ECT adjustment mechanism, while other countries show slow or ineffective adjustments. This study contributes to the literature by analyzing the interaction between economic growth and environmental sustainability in the ASEAN context.

Copyrights © 2026






Journal Info

Abbrev

jie

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Ilmu Ekonomi, aims to bridge the gap between research and practice, providing information, ideas and opinion, in addition to critical examinations of advances in economic research. Through the coverage of policy and economic developments, the latest results of research into the assessment of ...