Can energy intensity impede the CO2 emissions in Indonesia? LMDI-decomposition index and ARDL: Comparison between Indonesia and ASEAN countries
Can energy intensity impede the CO2 emissions in Indonesia? LMDI-decomposition index and ARDL: Comparison between Indonesia and ASEAN countries
This study’s ARDL model captured a long-run and short-run relation of the whole cointegrated variables in ASEAN countries. Based on a panel of cross-country and time-series observations, the study analyses that the ARDL model was used to cover a model of short-and long-run implications. Based on the result, we identified the root cause of significantly increasing CO2 emission in the past 36 years. This study’s result was that a positive long-run relationship interacted with a mostly negative sho