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Article

Do Aging and Low Fertility Reduce Carbon Emissions in Korea? Evidence from IPAT Augmented EKC Analysis

1
National Assembly Budget Office, 1 Uisadang-daero, Yeongdeungpo-gu, Seoul 07233, Korea
2
Department of Economics, Yonsei University, 50 Yonsei-ro, Seodaemun-gu, Seoul 03722, Korea
*
Author to whom correspondence should be addressed.
Int. J. Environ. Res. Public Health 2020, 17(8), 2972; https://0-doi-org.brum.beds.ac.uk/10.3390/ijerph17082972
Received: 1 March 2020 / Revised: 20 April 2020 / Accepted: 21 April 2020 / Published: 24 April 2020
(This article belongs to the Special Issue Climate Change Mitigation Strategies)
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. View Full-Text
Keywords: carbon dioxide; age structure; population aging; environmental kuznets curve; IPAT; panel cointegration regression; fully modified ordinary least squares (FMOLS) carbon dioxide; age structure; population aging; environmental kuznets curve; IPAT; panel cointegration regression; fully modified ordinary least squares (FMOLS)
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MDPI and ACS Style

Kim, J.; Lim, H.; Jo, H.-H. Do Aging and Low Fertility Reduce Carbon Emissions in Korea? Evidence from IPAT Augmented EKC Analysis. Int. J. Environ. Res. Public Health 2020, 17, 2972. https://0-doi-org.brum.beds.ac.uk/10.3390/ijerph17082972

AMA Style

Kim J, Lim H, Jo H-H. Do Aging and Low Fertility Reduce Carbon Emissions in Korea? Evidence from IPAT Augmented EKC Analysis. International Journal of Environmental Research and Public Health. 2020; 17(8):2972. https://0-doi-org.brum.beds.ac.uk/10.3390/ijerph17082972

Chicago/Turabian Style

Kim, Jaehyeok, Hyungwoo Lim, and Ha-Hyun Jo. 2020. "Do Aging and Low Fertility Reduce Carbon Emissions in Korea? Evidence from IPAT Augmented EKC Analysis" International Journal of Environmental Research and Public Health 17, no. 8: 2972. https://0-doi-org.brum.beds.ac.uk/10.3390/ijerph17082972

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