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Impact of Industrialization, Urbanization and Energy Consumption on Environmental Degradation: Evidence from India

Author

Listed:
  • Sohail Farooq

    (Assistant Professor,Department of Economics,Hazara University Mansehra, KP, Pakistan.)

  • Shabana Parveen

    (Assistant Professor, Department of Economics,Hazara University Mansehra, KP, Pakistan.)

  • Habib Elahi Sahibzada

    (Assistant Professor, Department of Education,Hazara University Mansehra, KP, Pakistan.)

Abstract

Industrialization and Urbanization are the important pillars for economic growth in a country however, a threat to the natural environment. The major aim of this study is to empirically analyze the effect of industrialization, urbanization, and energy consumption on the environment in India. Annual data for the span of 1975-2018 is analyzed. Augmented Dickey-Fuller (ADF) and (PP) tests are adopted for checking the stationarity. After confirming long-run cointegration in all the variables, the study used a linear regression model for the estimates of the value of the coefficient of the variables. The estimates of the model show urbanization and consumption of energy have a positive significant (negative effect on the environment) whereas industrialization has a negative insignificant impact on emissions of CO2. It is recommended based on this study results that real planning regarding urbanization along with energy use is the need for the Indian economy, to control the high emissions of CO2.

Suggested Citation

  • Sohail Farooq & Shabana Parveen & Habib Elahi Sahibzada, 2019. "Impact of Industrialization, Urbanization and Energy Consumption on Environmental Degradation: Evidence from India," Global Economics Review, Humanity Only, vol. 4(2), pages 1-12, June.
  • Handle: RePEc:aaw:journl:v:4:y:2019:i:2:p:1-12
    DOI: 10.31703/ger.2019(IV-II).01
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    References listed on IDEAS

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    More about this item

    Keywords

    Urbanization; Industrialization; Energy use; Linear regression model.;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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