Abstract
The increasing threat to natural climate has extended the focused on economic growth and technology. Thus, this research contribution has provided an empirical investigation for examining the impact of economic and science and technology indicators on carbon emission from five different sources namely; emission from transport industry, other sectors, residential building, electricity and heat production, and emission from manufacturing industries in Thailand. Different statistical analyses were done to analyze the individual and combine effect of both economic and science and technological indicators during 1990 to 2014 with yearly data trends. The results show that some economic factors are found to be positive determinants of carbon emission, while others have shown their adverse influence in increasing carbon threats to natural environment in Thailand. As per the research implications, present work is among the initial contribution while exploring the environmental effects of growth and technology in Thailand for which a specific research findings are presented earlier. For this reason, this work can provide a good understanding to policy-makers, reserachers, and students in the targeted fields like carbon emission, economy and science and technology. Moreover, some productive future directions are also provided in this paper. First, methodological context of the study can be revised for better findings through some time series models. Second, regional context of the study may spread to other economies like Indonesia, Malaysia and Singapore.Keywords: Climate change, carbon emission, economic growth, Thailand.JEL Classifications: O44, P18, Q56DOI: https://doi.org/10.32479/ijeep.10938
Highlights
In current era, a range of economic and technological developments are experienced by the humans in the world
The lowest mean score in all the factors of carbon emission in Thailand is found for carbon emission from residential building and commercials (RCBC) which is 2.85 respectively
For Economic factors, GDP per capita growth rate is collected from different online sources, showing an average score of 3.72% during the period of this research, the deviation score for this mean value is 4.07 with the highest observation of 9.62, showing a good growth and development in the economy of Thailand
Summary
A range of economic and technological developments are experienced by the humans in the world. A range of financial and economical benefits are enjoyed by the world community due to advancement in technology, environmental degradation is an outcome of such development (Kutz, 2018; Moreno-Brid et al, 2020; Ormaechea and Fernandez, 2020; Ortiz and Castillo Renteria, 2020) It is known as the deterioration of the natural climate due to depletion of range of sources like water air, and most importantly, the destruction of overall ecological system (Demirbas, 2005; Goudie, 2018; Peterson, 2019; Aleem, 2020; Batool et al, 2020; Hornung, 2020; Janssen, 2020).
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