TY  - JOUR
T1  - The Role of Economic and Financial Developments for Environmental
Quality in the ASEAN Economic Community (AEC)
AU - Ng, Tuan Hock AU - Low, Chin Chew AU - Chan, Kar Hoong 
JO  - International Business Management
VL  - 10
IS  - 17
SP  - 3878
EP  - 3883
PY  - 2016
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2016.3878.3883
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2016.3878.3883
KW  - Economic development
KW  -financial development
KW  -CO2 emissions
KW  -ASEAN
KW  -relationships
AB  - While economic development is probably top of mind for leaders of many developing countries, it is equally imperative for them to focus on greenhouse effect and global warming, mainly due to more economic outputs are often accompanied by energy use and a higher level of climate-warming pollutants. Not only that, financial development which is essential for economic development will give rise to substantial emissions of carbon dioxide (CO<sub>2</sub>) due to energy use. Hence, it seems highly important to examine the effects of economic 2 and financial developments on CO<sub>2</sub> emissions. This study, covers eight members of the ASEAN Economic 2 Community (AEC) between 2000 and 2010. The random-effect model yields evidence that economic and financial developments have positive relationships with CO<sub>2</sub> emissions. Likewise, energy consumption has the expected 2 positive effect on CO<sub>2</sub> emissions. These findings are relevant and useful to potential government policy.
ER  -