Nexus Between The Carbon Dioxide Emission And Economic Growth: Evidence From India
- Title
- Nexus Between The Carbon Dioxide Emission And Economic Growth: Evidence From India
- Creator
- Rajeshwari U.R.
- Description
- Increase in economic activities contributes to the economic growth of a country. It is evident that emerging economies have recorded higher economic growth and significant increase in coal consumption, energy consumption and electricity consumption. On the other hand, the emission of greenhouse gases (GHG) generating consequences in the atmosphere. In this context, this study tries to analyse the association between GDP per capita, FDI, population, trade openness and CO2 emissions per capita in India. The study is based on secondary data, which has been collected from the World Bank database. The time period under consideration is from 1960 to 2017. Augmented Dickey Fuller test has been used to test the unit root. VAR lag order criteria have been used for lag selection of the model. Since the variables are integrated at I (1) and I (0), the ARDL model has been used for the purpose of analysis. Furthermore, for checking the stability of the model, the CUSUM test has been used. The results show that in the long run, GDP per capita and FDI has a positive impact on C02 emission whereas, in the short run coal consumption, FDI, GDP per capita and trade openness appears to have a significant and positive impact towards C02 emission. 2020 Kalpana Corporation. All Rights Reserved.
- Source
- Journal of Management Information and Decision Sciences, Vol-40, No. 4, pp. 434-440.
- Date
- 2020-01-01
- Publisher
- Allied Business Academies
- Subject
- C02, JEL classification: C50, 0110, Q56, Q58; Coal consumption; Environment; FDI; GDP
- Coverage
- Rajeshwari U.R., CHRIST, Deemed to be University, Department of Economics, Bangalore, 560 029
- Rights
- Restricted Access
- Relation
- ISSN: 15247252
- Format
- Online
- Language
- English
- Type
- Article
Collection
Citation
Rajeshwari U.R., “Nexus Between The Carbon Dioxide Emission And Economic Growth: Evidence From India,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 24, 2025, https://archives.christuniversity.in/items/show/16413.