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International Conference of the Thailand Econometrics Society

TES 2018: Predictive Econometrics and Big Data pp 517–535Cite as

Emissions, Trade Openness, Urbanisation, and Income in Thailand: An Empirical Analysis

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Part of the book series: Studies in Computational Intelligence ((SCI,volume 753))

Abstract

This study investigates the relationship between emissions, income, energy consumption, trade openness, and urbanisation in Thailand over the period of 1971 to 2014. The ARDL cointegration technique is employed and CUSUM and CUSUMSQ tests are used to ensure the stability of the estimated results. Our findings indicate there is a long run relationship among variables for the case of CO2 emissions while there is none for the SO2. The results indicate an increase in income can cause significantly more CO2 emissions. Energy consumption also contributes to environmental degradation with slight impact, while there is no effect from trade openness. On the contrary, urbanisation greatly helps reduce CO2 emissions in the long run.

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Notes

  1. 1.

    Using the logarithm transformation could reduce the risk of having heteroskedasticity and allows the estimated coefficients to be interpreted as elasticity, hence it reflects the impact from a percentage change in explanatory variable to the percentage change in dependent variable [41]. Also, Acaravci and Ozturk [1] pointed out that “the growth rate of the relevant variable will be obtained by their differenced logarithms.”.

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Acknowledgements

The authors would like to thank the anonymous reviewer for useful suggestions which have greatly improved the quality of this paper. This research is supported by the Chiang Mai University Research Funding and the Puay Ungphakorn Centre of Excellence in Econometrics, Faculty of Economics, Chiang Mai University.

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Authors and Affiliations

  1. Faculty of Economics, Chiang Mai University, Chiang Mai, 52000, Thailand

    Rossarin Osathanunkul, Natthaphat Kingnetr & Songsak Sriboonchitta

  2. Center of Excellence in Econometrics, Chiang Mai University, Chiang Mai, 52000, Thailand

    Songsak Sriboonchitta

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  1. Rossarin Osathanunkul
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  2. Natthaphat Kingnetr
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  3. Songsak Sriboonchitta
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Correspondence to Rossarin Osathanunkul .

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Editors and Affiliations

  1. Computer Science Department, University of Texas at El Paso, El Paso, Texas, USA

    Vladik Kreinovich

  2. International College, Chiang Mai University, Chiang Mai, Thailand

    Songsak Sriboonchitta

  3. International College, Chiang Mai University, Chiang Mai, Thailand

    Nopasit Chakpitak

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Osathanunkul, R., Kingnetr, N., Sriboonchitta, S. (2018). Emissions, Trade Openness, Urbanisation, and Income in Thailand: An Empirical Analysis. In: Kreinovich, V., Sriboonchitta, S., Chakpitak, N. (eds) Predictive Econometrics and Big Data. TES 2018. Studies in Computational Intelligence, vol 753. Springer, Cham. https://doi.org/10.1007/978-3-319-70942-0_37

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  • DOI: https://doi.org/10.1007/978-3-319-70942-0_37

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