Relating Carbon Dioxide Emissions with Macroeconomic Variables in the Philippine Setting
Using cointegration and error correction modeling techniques, this paper examines the dynamics of carbon dioxide (CO2) emissions in relation to economic growth, energy consumption, trade openness, urbanization and foreign direct investments in the case of the Philippines. The study finds that 1) eco...
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ph-ateneo-arc.economics-faculty-pubs-10252020-06-04T08:27:39Z Relating Carbon Dioxide Emissions with Macroeconomic Variables in the Philippine Setting Palanca-Tan, Rosalina Dy, Timothy Allen Tan, Angela Using cointegration and error correction modeling techniques, this paper examines the dynamics of carbon dioxide (CO2) emissions in relation to economic growth, energy consumption, trade openness, urbanization and foreign direct investments in the case of the Philippines. The study finds that 1) economic growth and CO2 emissions have a significant positive linear relationship, suggesting that income growth policies must be subject to reasonably stringent environmental constraints related to CO2 emissions; 2) CO2 emissions are inelastic with respect to energy use in the short run, but its response becomes elastic in the long-run; and 3) CO2 emissions have a positive elasticity with respect to FDI which conforms with the Pollution Haven hypothesis. 2016-01-01T08:00:00Z text https://archium.ateneo.edu/economics-faculty-pubs/26 https://www.scirp.org/journal/paperinformation.aspx?paperid=64594 Economics Department Faculty Publications Archīum Ateneo Carbon Dioxide Emissions Environmental Kuznets Curve (EKC) Pollution Haven Hypothesis Urbanization Trade Openness Economics Macroeconomics |
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Carbon Dioxide Emissions Environmental Kuznets Curve (EKC) Pollution Haven Hypothesis Urbanization Trade Openness Economics Macroeconomics |
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Carbon Dioxide Emissions Environmental Kuznets Curve (EKC) Pollution Haven Hypothesis Urbanization Trade Openness Economics Macroeconomics Palanca-Tan, Rosalina Dy, Timothy Allen Tan, Angela Relating Carbon Dioxide Emissions with Macroeconomic Variables in the Philippine Setting |
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Using cointegration and error correction modeling techniques, this paper examines the dynamics of carbon dioxide (CO2) emissions in relation to economic growth, energy consumption, trade openness, urbanization and foreign direct investments in the case of the Philippines. The study finds that 1) economic growth and CO2 emissions have a significant positive linear relationship, suggesting that income growth policies must be subject to reasonably stringent environmental constraints related to CO2 emissions; 2) CO2 emissions are inelastic with respect to energy use in the short run, but its response becomes elastic in the long-run; and 3) CO2 emissions have a positive elasticity with respect to FDI which conforms with the Pollution Haven hypothesis. |
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text |
author |
Palanca-Tan, Rosalina Dy, Timothy Allen Tan, Angela |
author_facet |
Palanca-Tan, Rosalina Dy, Timothy Allen Tan, Angela |
author_sort |
Palanca-Tan, Rosalina |
title |
Relating Carbon Dioxide Emissions with Macroeconomic Variables in the Philippine Setting |
title_short |
Relating Carbon Dioxide Emissions with Macroeconomic Variables in the Philippine Setting |
title_full |
Relating Carbon Dioxide Emissions with Macroeconomic Variables in the Philippine Setting |
title_fullStr |
Relating Carbon Dioxide Emissions with Macroeconomic Variables in the Philippine Setting |
title_full_unstemmed |
Relating Carbon Dioxide Emissions with Macroeconomic Variables in the Philippine Setting |
title_sort |
relating carbon dioxide emissions with macroeconomic variables in the philippine setting |
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Archīum Ateneo |
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2016 |
url |
https://archium.ateneo.edu/economics-faculty-pubs/26 https://www.scirp.org/journal/paperinformation.aspx?paperid=64594 |
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