Proceedings of the 2022 Brawijaya International Conference (BIC 2022)

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Probing the Nexus of Trade, FDI, HDI, Non-renewable Energy, Subsidy and Globalization on Carbon Emission in ASEAN Countries: Evidence from Panel Estimations

Authors
Milhatun Nisa’1, *, Muhammad Ismail Sunni1
1Universitas Islam International Indonesia, Depok, Indonesia
*Corresponding author. Email: milhatun.nisa@uiii.ac.id
Corresponding Author
Milhatun Nisa’
Available Online 30 April 2023.
DOI
10.2991/978-94-6463-140-1_8How to use a DOI?
Keywords
Carbon emissions; FDI; HDI; Globalization; Panel estimations
Abstract

Devastating and excessive carbon emission leading to climate change has been the utmost concern globally, with not being limited to estimate its most fitting countermeasures to mitigate but also gauging the exact parameters that become the antecedent. Rapid progress of globalization, high demand of trade, robust flow of FDI and subsidy, firm dependence on non-renewable energy sources and the quality of human capital were being evaluated and analysed, becoming the purpose of this paper, to determine which of those have a significant linkage with the increase of carbon emission. Six of developing countries of ASEAN (Cambodia, Indonesia, Malaysia, Philippines, Singapore, and Thailand) from year 2010 to year 2019 were processed as the panel data which was tested with the Lagrange multiplier and Chow test before being calculated with pooled least square (PLS) and fix effect model (FEM) after figuring out the irrelevancy of employing random effect model (REM and ARDL model as the research approach. This study, in agreement with The Environmental Kuznets Curve (EKC) hypothesis, found that all exogenous variables have a significant effect on carbon emission, except non-renewable energy, which means the switch from traditional or oil-based energy sources to renewable ones have been adequately applied. Based on the findings, corresponding recommendation and suggestions were presented at the end to diminish the intensity of carbon in selected ASEAN countries.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 Brawijaya International Conference (BIC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
30 April 2023
ISBN
10.2991/978-94-6463-140-1_8
ISSN
2352-5428
DOI
10.2991/978-94-6463-140-1_8How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Milhatun Nisa’
AU  - Muhammad Ismail Sunni
PY  - 2023
DA  - 2023/04/30
TI  - Probing the Nexus of Trade, FDI, HDI, Non-renewable Energy, Subsidy and Globalization on Carbon Emission in ASEAN Countries: Evidence from Panel Estimations
BT  - Proceedings of the 2022 Brawijaya International Conference (BIC 2022)
PB  - Atlantis Press
SP  - 69
EP  - 80
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-140-1_8
DO  - 10.2991/978-94-6463-140-1_8
ID  - Nisa’2023
ER  -