Economic growth, CO2 emissions, and energy consumption in the five ASEAN countries
This paper searches the link among growth, CO2, and energy in ASEAN countries. Results strongly reject the null hypothesis of linearity in the series. The test for no nonlinearity indicated a model with one transition function. Results revealed two threshold parameters. Results support the validity of the EKC hypothesis in the ASEAN countries.
economic growth energy consumption panel smooth transition regression (pstr) carbon dioxide emissions