Energy, environment and growth nexus in South Asia

Zeshan, Muhammad; Ahmed, Vaqar

doi:10.1007/s10668-013-9459-8

Cited by 37 publications

(15 citation statements)

References 31 publications

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“…The findings supports ECK hypothesis, environmental damage is inevitable at the first stages of economic advancement and for this reason economies are expected to endure it until the reversing effect phase (Shahrin and Halim, 2007). This conclusion is similar to those reached by Zeshan and Ahmed (2013). Economic augmentation and development inevitably lead to depletion of natural resources and degradation of the ecosystem despite increasing life standards and life quality.…”

Section: Econometrics Estimation Resultssupporting

confidence: 84%

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2017

Energy Economics Letters

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Article HistoryThis research scrutinizes economic expansion, CO2 emissions and energy utilization relationship in Kenya by using FMOLS estimate. This study considers the causality matters among oil (Non renewable), electricity (Renewable) use, CO2 emissions, and GDP growth in Kenya by employing time series techniques and annual data for the period 1980-2017. The obtained empirical results from this study indicate that CO2 emissions and electricity effect negatively economic expansion while oil consumption affects it positively. The Granger-causality test conclude that there is no causal relationship running from economic expansion to CO2 emissions, which means that economic expansion can continue without escalating CO2 discharge. However, the study finds unidirectional causality running from economic expansion to oil, and electricity energy use, which implies that Kenya should make an effort to triumph over the constraint on oil and electricity utilization to achieve economic expansion.Contribution/ Originality: Despite increased demand and utilization of oil products and electricity in Kenya, the rate of economic growth is still lower than the rate of energy consumption. To date, no study that focuses on the causality relationship between energy use, CO2 emissions, and real GDP with respect to Kenya has been carried out. Thus, the purpose of this study is filling the gap.

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Section: Econometrics Estimation Resultssupporting

confidence: 84%

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2017

Energy Economics Letters

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“…population growth, energy use which results in CO 2 emissions, and trade openness, play controversial roles towards economic growth. These inconclusive findings are revealed by researchers due to the fact that adopted approaches are ad-hoc, country specific characteristics are different, sample sizes of studies are different and there exists an omitted variable bias (Ozturk, 2010;Zeshan and Ahmed, 2013).…”

Section: Introductionmentioning

confidence: 99%

Economic growth in South Asia: the role of CO2 emissions, population density and trade openness

Rahman

Saidi

Mbarek

2020

Heliyon

167

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This study investigates the impact of CO 2 emissions, population density, and trade openness on the economic growth of five South Asian countries. Using data from 1990 to 2017 the panel co-integration approach of extended neoclassical growth model is used. The obtained results reveal that CO 2 emissions and population density positively and trade openness negatively affect the economic growth in South Asia. The extent of effect of population density is greater than that of CO 2 emissions. Granger causality results exhibit a bidirectional causality between economic growth and CO 2 emissions, and between trade openness and CO 2 emissions. There is a unidirectional causality running from trade openness to economic growth, from population density to CO 2 emissions and from labor to economic growth and population density. A detailed policy prescription is provided based on the findings.

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“…Environmental pollution is mostly generated from production and consumption of especially fossil-based energy sources. 4 Therefore, as presented by the literature, many researchers 5–33 have been examining the long-run relationship between energy consumption and environmental pollution.…”

Section: Introductionmentioning

confidence: 99%

The long-run environmental impacts of economic growth, financial development, and energy consumption: Evidence from emerging markets

Çetin

Bakirtaş

2019

Energy & Environment

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In this study, the long-term interactions between carbon dioxide (CO2) emissions, real gross domestic product, fossil fuel consumption, and financial development are examined for 15 emerging markets during 1980–2014 by using heterogeneous dynamic panel data techniques. Long-run elasticity results show that the environmental Kuznets curve hypothesis is not valid for emerging markets. Besides, long-run findings reveal that fossil fuel energy consumption has a powerful negative impact on the environmental quality of emerging markets. Moreover, long-run findings of emerging markets show that 1% increase in financial development raises CO2 emissions at 0.76% level. Considering empirical findings, emerging markets should tend to use environmentally friendly technologies to avoid the possible environmental problems caused by pollution. Therefore, green energy investors should be supported by possible incentive policies. In addition, emerging markets should turn towards financial regulations, which extend credit channels for clean industries whereby emerging countries could achieve their sustainable development goals.

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Energy, environment and growth nexus in South Asia

Cited by 37 publications

References 31 publications

Untitled

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Economic growth in South Asia: the role of CO2 emissions, population density and trade openness

The long-run environmental impacts of economic growth, financial development, and energy consumption: Evidence from emerging markets

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