Globalization, Energy Use and Environmental Degradation in Thailand

Authors

  • Ruqayya Ibraheem The Islamia University of Bahawalpur, Pakistan
  • Ismat Nasim Govt. Sadiq College Women University, Bahawalpur, Pakistan

DOI:

https://doi.org/10.52131/jee.2021.0201.0011

Keywords:

EKC hypothesis, Environmental degradation, Energy consumption, ARDL, DOLS, ADF

Abstract

Globalization is a crucial determinant of energy consumption, so this study analyzes the effect of energy consumption in the presence of globalization on environmental degradation in Thailand. Furthermore, this study uses the EKC hypothesis. It estimates the effect of energy use, globalization, and economic growth with the dynamics of rising or falling influence in global economic degradation and Validation of the EKC hypothesis in Thailand. For this purpose, use time-series data from 1970 to 2018. First of all, check the order of integrating the variables by the Augmented Dickey-Fuller and Phillips Perron test. Results indicate that there exists a unit root at the level. Hence move the DOLS and ARDL econometrics model to analyze the impact of globalization, energy use and economic growth on environmental degradation. Results confirm the validity of the EKC hypothesis in Thailand due to positive and negative association among the GDP and Square of GDP, which also confirms that the U-shaped relationship exists there. Thus, globalization condenses environmental degradation while energy consumption boosts the level of carbon emission in Thailand. Therefore, the study suggested that their needs improvement in energy policies reduce the use of conventional energy resources and move towards modern energy like nonrenewable energy, which reduces the pollution in the country and boosts the economic development level.

Author Biographies

Ruqayya Ibraheem, The Islamia University of Bahawalpur, Pakistan

PhD Scholar, Department of Economics

Ismat Nasim, Govt. Sadiq College Women University, Bahawalpur, Pakistan

Lecturer, Department of Economics

Downloads

Published

2021-06-30

How to Cite

Ibraheem, R. ., & Nasim, I. . (2021). Globalization, Energy Use and Environmental Degradation in Thailand. IRASD Journal of Energy & Environment, 2(1), 01–11. https://doi.org/10.52131/jee.2021.0201.0011

Issue

Section

Articles