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In this empirical research, we examine the relation of economic growth, foreign
trade, energy consumption and industrial growth with carbon dioxide emissions in
Japan during the period 1970-2010. We have capitalized on the bounds test within
Autoregressive Distributed Lag (Pesaran, Shin, & Smith, 2001). Interestingly, our
findings clearly demonstrate the existence of a long-term relation of carbon dioxide
emissions with the macroeconomic factors. In addition, the estimated long-term
model reveals that foreign trade, energy consumption and industrial growth
positively effects carbon dioxide emissions. We also observe that the economic
growth has statistically no significant relation with carbon dioxide emissions. Finally,
the paper finds no evidence to support the Environmental Kuznets Curve
hypothesis.
Wisal Ahmad, Shahwali Khan, Mohammad Sohail Yunis. (2019) The Relationship of Macroeconomic Factors with Carbon Dioxide Emissions in Japan, , Volume-13, Issue-2.
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