TRADE, CO2 EMISSION, ENERGY CONSUMPTION AND GDP NEXUS IN THAILAND

Abstract

This research article evaluates the effective link between CO2 emission, GDP, energy usage and trade in Thailand by applying the bond test co-integration approach for the period 1981 to 2018. The empirical findings suggest that there are two long-term causal connections among the variables. Three one-way Granger causal associations are established in the short term, ranging from GDP squared, GDP and energy usage to carbon dioxide emission. CUSUM and CUSUMSQ tests had been applied to monitor the constancy in the parameter of the chosen framework. The findings have significant policy ramifications. © 2021. All Rights Reserved.