Lagged effect of exports, industrialization and urbanization on carbon footprint in Southeast Asia

The study aims to examine lagged causal effect of economic development policies on the carbon footprint of Southeast Asia. This study employs unit root test, cointegration test and panel data analysis methods to examine endogeneity concerns in observational data. The study applies panel data analysi...

Full description

Saved in:
Bibliographic Details
Published in:International journal of sustainable development and world ecology 2019-07, Vol.26 (5), p.398-405
Main Author: Lee, Jung Wan
Format: Article
Language:English
Subjects:
Carbon
carbon emissions
Carbon footprint
Data analysis
Developing countries
Development policy
Economic development
Economic growth
Economic models
Economic policy
Economics
Environmental impact
Environmental policy
Exports
Footprint analysis
Industrial development
Industrialization
lagged effect
LDCs
Panel data
Regions
Southeast Asia
Urbanization
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The study aims to examine lagged causal effect of economic development policies on the carbon footprint of Southeast Asia. This study employs unit root test, cointegration test and panel data analysis methods to examine endogeneity concerns in observational data. The study applies panel data analysis methods to address unobserved country effect in the model. The balanced panel data includes a total of 240 observations with five cross sections of five nations in Southeast Asia and with 48 time-specific periods of 1970-2017. The results indicate that (1) exports, industrialization, urbanization and economic growth have lagged negative effect on the carbon footprint of the region in the short-run, and (2) there exists a long-run equilibrium relationship among exports, industrialization, urbanization, economic growth and carbon footprint in the region. The findings suggest that the economic growth, exports, industrialization and urbanization of the developing countries in Southeast Asia have been achieved at the cost of increasing the carbon footprint of the region. The findings imply that the environmental policy of the export-led growth countries never have been effective so far since the nations have achieved their economic growth at the high cost of harming the environment of the nations.
ISSN:1350-4509
1745-2627
DOI:10.1080/13504509.2019.1605425