Measuring Economic Development and Carbon Dioxide Emissions Inefficiency

Excessive emissions of greenhouse gases have exacerbated global climate change, and the use fossil fuels is main reason for rapid rise CO 2 in atmosphere. In this study, stochastic frontier analysis employed to measure causal relationship between GDP growth fuel inefficiency APEC member economies. The empirical results revealed a significant positive correlation them found that economies with high per capita GDP, such as Singapore, effectively mitigate emissions. This result income standards lead emphasis on environmental protection. China United States are top two emitters should actively formulate carbon reduction strategies economic development energy utilization. study calls both developing developed countries gradually adopt increase renewable develop low-carbon technologies reduce gas jointly address challenges change.