“…To achieve this, an unbalanced panel data of per capita GDP (a proxy for economic growth), non-renewable energy per capita and carbon emissions per capita from five selected South Asian 2 countries (Bangladesh, India, Nepal, Pakistan, and Sri Lanka) spanning 1990 to 2018 is used to: (1) investigate the growth-led and energy-led degradation relation; (2) assess if the growth-led and energy-led degradation relation significantly differ across the countries; and (3) establish the direction of causality among the variables. Similar to Shahbaz, Jam, Bibi, and Loganathan (2016), this paper further differs from previous studies on SAARC or South Asian countries (see Sharma, Kishan, and Doig (2014), Uddin and Wadud (2014), Pandey and Mishra (2015), Osmani (2018), Rahman, Saidi, and Mbarek (2020)) by strictly engaging a dynamic trivariate model to analyse the relationship.…”