Impact of Kyoto Protocol and institutional factors on carbon dioxide emission in Asia-Pacific region
This study investigates the impact of Kyoto Protocol and four institutional factors i.e. political stability, property rights, corruption and freedom of trade on the growth of per capita CO2 emissions in Asia and the Pacific region for the period of 1971-2009. The region consists of East Asia, So...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Institute of Business Excellence and UiTM Press
2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/30842/ http://psasir.upm.edu.my/id/eprint/30842/1/Impact%20of%20Kyoto%20Protocol%20and%20institutional%20factors%20on%20carbon%20dioxide%20emission%20in%20Asia.pdf |
| Summary: | This study investigates the impact of Kyoto Protocol and four institutional factors i.e. political
stability, property rights, corruption and freedom of trade on the growth of per capita CO2
emissions in Asia and the Pacific region for the period of 1971-2009. The region consists of
East Asia, South Asia and the Pacific islands are the fastest growing economic region and the
source of global greenhouse gas emissions. A dynamic panel data model based on the
Generalised Method of Moments (GMM) technique is utilized to examine these impacts. The
findings indicate only Kyoto commitment (Kcom), Kyoto Clean Development Mechanism (Kcdm)
and Corruption (COR) describe statistically significant positive effects on CO2 emissions. |
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