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Analysis of Energy Intensity Determinants and CO2 Emissions in ASEAN Countries

In: Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-10 2022)

Author

Listed:
  • Nelda Mustika

    (Universitas Negeri Padang)

  • Idris Idris

    (Universitas Negeri Padang)

Abstract

This research examines how per capita income, Foreign Direct Investment (FDI), economic growth, and renewable energy impact energy intensity and CO2 emissions within ASEAN nations. Utilizing panel data from 2000 to 2020, the study focuses on five ASEAN member countries: Indonesia, Malaysia, Thailand, Vietnam, and the Philippines. The analysis reveals that these variables collectively shape energy intensity and CO2 emissions in the region. Specifically, per capita income and FDI are found to have a significant negative influence on energy intensity, while economic growth exerts a positive but insignificant effect. Energy intensity, however, shows a positive yet insignificant correlation with CO2 emissions. On the other hand, FDI significantly increases CO2 emissions, whereas economic growth and renewable energy contribute to reducing CO2 emissions through their significant negative effects.

Suggested Citation

  • Nelda Mustika & Idris Idris, 2025. "Analysis of Energy Intensity Determinants and CO2 Emissions in ASEAN Countries," Advances in Economics, Business and Management Research, in: Firman Firman & Shuhymee Shuhymee & Rangga Handika & Muhammad Rizky Prima Sakti & Astri Yuza Sari & (ed.), Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-10 2022), pages 507-516, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-839-4_43
    DOI: 10.2991/978-94-6463-839-4_43
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