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CO2Emissions, Population, Tourism, Oil Consumption, and Corruption: Evidence from ASEAN 5 Developing Countries

In: Macroeconomic Risk and Growth in the Southeast Asian Countries: Insight from SEA

Author

Listed:
  • Winny Perwithosuci
  • Izza Mafruhah
  • Evi Gravitiani
  • Tamat Sarmidi

Abstract

Environmental degradation is a global concern that results from massive economic activities. Carbon dioxide (CO2) emissions are one of the environmental degradation indicators. This study investigates the impact of population, oil consumption, international tourist arrival, and corruption on CO2emissions in ASEAN’s five developing countries of Malaysia, Indonesia, Thailand, Philippines, and Vietnam from 1998 to 2017. This study employed panel Fixed-effect (FE) regression to estimate the panel data generated by British Petroleum and World Bank. The result revealed that the population has a significant positive effect on CO2emissions. Furthermore, oil consumption has a significant positive effect on CO2emissions. Meanwhile, the effect of tourism and the corruption perception index (CPI) as a proxy of corruption on CO2emissions was positive but not significant. Authorities should construct such policies to reduce CO2emissions by applying low-carbon technologies, green mass transport, and creating less corrupt behavior.

Suggested Citation

  • Winny Perwithosuci & Izza Mafruhah & Evi Gravitiani & Tamat Sarmidi, 2023. "CO2Emissions, Population, Tourism, Oil Consumption, and Corruption: Evidence from ASEAN 5 Developing Countries," International Symposia in Economic Theory and Econometrics, in: Macroeconomic Risk and Growth in the Southeast Asian Countries: Insight from SEA, volume 33, pages 137-148, Emerald Group Publishing Limited.
  • Handle: RePEc:eme:isetez:s1571-03862023000033b009
    DOI: 10.1108/S1571-03862023000033B009
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    More about this item

    Keywords

    CO2 emission; population; oil consumption; tourism; corruption; ASEAN; Q4; Q53; Q56;
    All these keywords.

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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