Determinants of Carbon Dioxide Emissions in ASEAN 4

Abstract

Climate change is becoming a serious problem today due to the increase in the earth's surface temperature. environmental damage is the impact of investment, trade, and economic growth processes. We analyzed the relationship between CO2, FDI inflows, trade, and GDP in ASEAN 4 during the period 1970 – 2018 using the Vector Autoregressive (VAR) method. Our results show that the relationship between FDI inflows, trade, and economic growth on CO2 emissions is dependent on each country in ASEAN 4. Therefore, universal policies in the ASEAN region cannot be applied.