Citation

Ng, Tuan Hock and Low, Chin Chew and Chan, Kar Hoong (2016) The role of economic and financial developments for environmental quality in the ASEAN Economic Community (AEC). International Business Management, 10 (17). pp. 3878-3883. ISSN 1993-5250

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Abstract

While economic development is probably top of mind for leaders of many developing countries, it is equally imperative for them to focus on greenhouse effect and global warming, mainly due to more economic outputs are often accompanied by energy use and a higher level of climate-warming pollutants. Not only that, financial development which is essential for economic development will give rise to substantial emissions of carbon dioxide (CO2) due to energy use. Hence, it seems highly important to examine the effects of economic 2 and financial developments on CO2 emissions. This study, covers eight members of the ASEAN Economic 2 Community (AEC) between 2000 and 2010. The random-effect model yields evidence that economic and financial developments have positive relationships with CO2 emissions. Likewise, energy consumption has the expected 2 positive effect on CO2 emissions. These findings are relevant and useful to potential government policy.

Item Type:	Article
Uncontrolled Keywords:	Economic development
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD72-88 Economic growth, development, planning
Divisions:	Faculty of Business (FOB)
Depositing User:	Ms Rosnani Abd Wahab
Date Deposited:	10 Jul 2018 13:01
Last Modified:	10 Jul 2018 13:01
URII:	http://shdl.mmu.edu.my/id/eprint/6704

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