Income level and the emissions, energy, and growth nexus: Evidence from Asia and the Pacific

Le, H and Quah, E 2018, 'Income level and the emissions, energy, and growth nexus: Evidence from Asia and the Pacific', International Economics, vol. 156, pp. 193-205.


Document type: Journal Article
Collection: Journal Articles

Title Income level and the emissions, energy, and growth nexus: Evidence from Asia and the Pacific
Author(s) Le, H
Quah, E
Year 2018
Journal name International Economics
Volume number 156
Start page 193
End page 205
Total pages 13
Publisher Elsevier
Abstract This study examines the relationships between carbon emissions, energy consumption, and economic growth for 14 selected countries in Asia and the Pacific during the period 1984-2012. Based on panel cointegration test results, we show that there is a long-run relationship between carbon emissions, energy consumption, and economic growth. The Fully Modified OLS estimators of the panel, as well as the sub-panel of lower-to-upper-middle-income countries, provide evidence against the Environmental Kuznets Curve (EKC) hypothesis. Evidence from the panel of high income countries is, however, consistent with the EKC hypothesis. The findings of causality tests suggest that carbon emissions in the region could be reduced through energy conservation policy measures without harming economic growth.
Subject Environment and Resource Economics
Keyword(s) Asia and the Pacific
Carbon emissions
Economic growth
Energy consumption
DOI - identifier 10.1016/j.inteco.2018.03.002
Copyright notice © 2018 CEPII (Centre d'Etudes Prospectives et d'Informations Internationales), a center for research and expertise on the world economy
ISSN 2110-7017
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