Abstract
The purpose of this article is to empirically find the Environmental Kuznets Curve (EKC) relationship between income and carbon dioxide (CO2) emissions and to analyze the influence of population aging on such emissions. We utilize Korean regional panel data of 16 provinces during the period from 1998 to 2016. To account for the nonstationary time series in the panel, we employ a fully modified ordinary least squares (FMOLS) and estimate long-run elasticity. From the empirical results, we can find the nonlinear relationship between income and CO2 emissions. Additionally, we verify the fact that population aging reduces CO2 emissions. A 1% increase in the proportion of the elderly results in a 0.4% decrease in CO2 emissions. On the other hand, the younger population increases CO2 emissions. These results were in line with those of additional analysis on residential and transportation CO2 emissions, for the robustness check.
Highlights
One of the biggest goals faced by human society is that of sustainable development
We examine the role of population aging on CO2 emissions in
The Environmental Kuznets Curve (EKC) theory that greenhouse gas emissions would decrease beyond a certain level of income is hardly proved in relation to CO2 emissions in Korea
Summary
One of the biggest goals faced by human society is that of sustainable development. During the era of rapid economic growth over the past decades, less attention was paid to environmental problems and the depletion of energy resources because economic growth took priority over those issues. The rapid growth of the world economy requires tremendous amounts of energy sources. Fossil fuels have been the major source of energy. The biggest problem with using fossil fuels is that the byproduct of their use is greenhouse gases (GHGs). While GHGs are essential for maintaining the earth’s atmospheric temperature, excess GHGs are harmful to nature
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Environmental Research and Public Health
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
