Testing The Environmental Kuznets Curve (EKC) Hypothesis in Indonesia and India: Autoregressive Distributed Lag (ARDL) Model Approach
The achievement of economic growth is equally important as environmental sustainability. Economic growth is considered capable of enhancing the overall welfare of society. However, there is a sacrifice stemming from economic growth in the form of negative external impacts. Therefore, the objective o...
Saved in:
| Main Authors: | , , , , |
|---|---|
| Format: | UMS Journal (OJS) |
| Language: | eng |
| Published: |
Muhammadiyah University Press
2023
|
| Subjects: | |
| Online Access: | https://journals.ums.ac.id/index.php/JEP/article/view/23191 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1805342407895547904 |
|---|---|
| author | A'yun, Indanazulfa Qurrota Nasir, Muhammad Safar Nasir, Zarul Azhar bin Abdulkarim, Fatima Muhammad Hussain, Murtaza |
| author_facet | A'yun, Indanazulfa Qurrota Nasir, Muhammad Safar Nasir, Zarul Azhar bin Abdulkarim, Fatima Muhammad Hussain, Murtaza |
| author_sort | A'yun, Indanazulfa Qurrota |
| collection | OJS |
| description | The achievement of economic growth is equally important as environmental sustainability. Economic growth is considered capable of enhancing the overall welfare of society. However, there is a sacrifice stemming from economic growth in the form of negative external impacts. Therefore, the objective of this study is to examine the Environmental Kuznets Curve (EKC) hypothesis in Indonesia and India. The EKC hypothesis connects economic growth with CO2 emissions. The Autoregressive Distributed Lag (ARDL) model is employed to assess both the long-term and short-term impacts of economic growth on CO2 emissions in Indonesia and India. Additionally, the study seeks to comprehend the applicability of the Environmental Kuznets Curve (EKC) hypothesis in these countries over the period of 1965-2021. The research findings indicate that economic growth has a significant impact on CO2 emissions in the short term, but this influence is not sustained in the long term in Indonesia. In contrast, in India, economic growth does not exhibit a significant effect on CO2 emissions in the short term, but it does have a notable impact in the long term. This implies that Indonesia does not align with the Environmental Kuznets Curve (EKC) hypothesis in the long term, while India is anticipated to adhere to the EKC hypothesis in the future. |
| format | UMS Journal (OJS) |
| id | oai:ojs2.journals.ums.ac.id:article-23191 |
| institution | Universitas Muhammadiyah Surakarta |
| language | eng |
| publishDate | 2023 |
| publisher | Muhammadiyah University Press |
| record_format | ojs |
| spelling | oai:ojs2.journals.ums.ac.id:article-23191 Testing The Environmental Kuznets Curve (EKC) Hypothesis in Indonesia and India: Autoregressive Distributed Lag (ARDL) Model Approach A'yun, Indanazulfa Qurrota Nasir, Muhammad Safar Nasir, Zarul Azhar bin Abdulkarim, Fatima Muhammad Hussain, Murtaza ARDLM, EKC, Emission CO2, Environment The achievement of economic growth is equally important as environmental sustainability. Economic growth is considered capable of enhancing the overall welfare of society. However, there is a sacrifice stemming from economic growth in the form of negative external impacts. Therefore, the objective of this study is to examine the Environmental Kuznets Curve (EKC) hypothesis in Indonesia and India. The EKC hypothesis connects economic growth with CO2 emissions. The Autoregressive Distributed Lag (ARDL) model is employed to assess both the long-term and short-term impacts of economic growth on CO2 emissions in Indonesia and India. Additionally, the study seeks to comprehend the applicability of the Environmental Kuznets Curve (EKC) hypothesis in these countries over the period of 1965-2021. The research findings indicate that economic growth has a significant impact on CO2 emissions in the short term, but this influence is not sustained in the long term in Indonesia. In contrast, in India, economic growth does not exhibit a significant effect on CO2 emissions in the short term, but it does have a notable impact in the long term. This implies that Indonesia does not align with the Environmental Kuznets Curve (EKC) hypothesis in the long term, while India is anticipated to adhere to the EKC hypothesis in the future. Muhammadiyah University Press 2023-12-31 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf text/html https://journals.ums.ac.id/index.php/JEP/article/view/23191 10.23917/jep.v24i2.23191 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan; Vol 24, No 2 (2023): JEP 2023; 320-330 2460-9331 1411-6081 eng https://journals.ums.ac.id/index.php/JEP/article/view/23191/8884 https://journals.ums.ac.id/index.php/JEP/article/view/23191/9006 https://journals.ums.ac.id/index.php/JEP/article/downloadSuppFile/23191/6071 https://journals.ums.ac.id/index.php/JEP/article/downloadSuppFile/23191/6072 Copyright (c) 2023 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan https://creativecommons.org/licenses/by/4.0 |
| spellingShingle | ARDLM, EKC, Emission CO2, Environment A'yun, Indanazulfa Qurrota Nasir, Muhammad Safar Nasir, Zarul Azhar bin Abdulkarim, Fatima Muhammad Hussain, Murtaza Testing The Environmental Kuznets Curve (EKC) Hypothesis in Indonesia and India: Autoregressive Distributed Lag (ARDL) Model Approach |
| title | Testing The Environmental Kuznets Curve (EKC) Hypothesis in Indonesia and India: Autoregressive Distributed Lag (ARDL) Model Approach |
| title_full | Testing The Environmental Kuznets Curve (EKC) Hypothesis in Indonesia and India: Autoregressive Distributed Lag (ARDL) Model Approach |
| title_fullStr | Testing The Environmental Kuznets Curve (EKC) Hypothesis in Indonesia and India: Autoregressive Distributed Lag (ARDL) Model Approach |
| title_full_unstemmed | Testing The Environmental Kuznets Curve (EKC) Hypothesis in Indonesia and India: Autoregressive Distributed Lag (ARDL) Model Approach |
| title_short | Testing The Environmental Kuznets Curve (EKC) Hypothesis in Indonesia and India: Autoregressive Distributed Lag (ARDL) Model Approach |
| title_sort | testing the environmental kuznets curve ekc hypothesis in indonesia and india autoregressive distributed lag ardl model approach |
| topic | ARDLM, EKC, Emission CO2, Environment |
| topic_facet | ARDLM, EKC, Emission CO2, Environment |
| url | https://journals.ums.ac.id/index.php/JEP/article/view/23191 |
| work_keys_str_mv | AT ayunindanazulfaqurrota testingtheenvironmentalkuznetscurveekchypothesisinindonesiaandindiaautoregressivedistributedlagardlmodelapproach AT nasirmuhammadsafar testingtheenvironmentalkuznetscurveekchypothesisinindonesiaandindiaautoregressivedistributedlagardlmodelapproach AT nasirzarulazharbin testingtheenvironmentalkuznetscurveekchypothesisinindonesiaandindiaautoregressivedistributedlagardlmodelapproach AT abdulkarimfatimamuhammad testingtheenvironmentalkuznetscurveekchypothesisinindonesiaandindiaautoregressivedistributedlagardlmodelapproach AT hussainmurtaza testingtheenvironmentalkuznetscurveekchypothesisinindonesiaandindiaautoregressivedistributedlagardlmodelapproach |