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Investigating the Causal Linkage among Economic Growth, Energy Consumption, Urbanization and Environmental Quality in ASEAN-5 Countries

Author

Listed:
  • Syeda Azra Batool

    (School of Economics, Bahauddin Zakariya University, Multan, Pakistan)

  • Humara Ahmad

    (Azman Hashim International Business School, Universiti Teknologi Malaysia, Johor Bahru, Malaysia)

  • Syed Muhammad Ahmad Hassan Gillani

    (Lyallpur Business School, Government College University Faisalabad, Pakistan,)

  • Hamad Raza

    (Lyallpur Business School, Government College University Faisalabad, Pakistan,)

  • Muhammad Siddique

    (Department of Commerce, University of the Punjab, Gujranwala Campus, Pakistan,)

  • Nohman Khan

    (UniKL Business School, Universiti Kuala Lumpur, Kuala Lumpur, Malaysia,)

  • Muhammad Imran Qureshi

    (Faculty of Technology Management and Technopreneurship, Universiti Teknikal Malaysia Melaka, Durian Tunggal, Malaysia.)

Abstract

The present study aims to explore the causal relationship among economic growth energy consumption and urbanization and environmental quality in ASEAN-5 countries. The current study conduct time series analysis in ASEAN-5 countries using the granger casualty model consisting data set from 1980 to 2018. The outcomes of the present study reveals that the energy consumption urban population granger cause to CO2 emission in ASEAN-5 countries. The study suggested that ASEAN-5 should reduce the utilization of fossil fuel based energy and induct robust policies towards augmenting the adeptness of renewable energy and energy-usage programs to condense redundant energy waste.

Suggested Citation

  • Syeda Azra Batool & Humara Ahmad & Syed Muhammad Ahmad Hassan Gillani & Hamad Raza & Muhammad Siddique & Nohman Khan & Muhammad Imran Qureshi, 2021. "Investigating the Causal Linkage among Economic Growth, Energy Consumption, Urbanization and Environmental Quality in ASEAN-5 Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 11(3), pages 319-327.
    • Handle: RePEc:eco:journ2:2021-03-39
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    References listed on IDEAS

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    Cited by:

    1. Pruethsan Sutthichaimethee & Chanintorn Jittawiriyanukoon, 2022. "Analyzing the Impact of Causal Factors on Political Management to Determine Sustainability Policy under Environmental Law: Enriching the Covariance-based SEMxi Model," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 282-293, July.
    2. Farrukh Nawaz Kayani, 2021. "Renewable Energy and Economic Growth Nexus: A Case of United Arab Emirates," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 504-509.
    3. Mohammad Sulieman Jaradat & Khaled Abdalla Moh d AL-Tamimi, 2022. "Economic Impacts of Renewable Energy on the Economy of UAE," International Journal of Energy Economics and Policy, Econjournals, vol. 12(1), pages 156-162.
    4. Anggi Putri Kurniadi & Hasdi Aimon & Syamsul Amar, 2021. "Determinants of Biofuels Production and Consumption, Green Economic Growth and Environmental Degradation in 6 Asia Pacific Countries: A Simultaneous Panel Model Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 460-471.

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    More about this item

    Keywords

    Economic growth; energy consumption; environmental quality; CO2 emission; environmental sustainability; ASEAN-5;
    All these keywords.

    JEL classification:

    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • N75 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Asia including Middle East
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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