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The Effect of Trade Development on Fossil Fuel Consumption in South Asian Countries

Author

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  • Mohammad Rifat Rahman

    (Department of Banking & Insurance, Faculty of Business Administration, University of Chittagong, Bangladesh)

Abstract

Utilizing the Autoregressive Distributed Lag (ARDL) framework for cointegration, this study performs a comprehensive long and short-run analysis of the connection between trade development and fossil fuel consumption using data from 1980 to 2020. Fossil fuel consumption in Bangladesh and Pakistan is influenced by exports, based on co-integration among the variables. Trade openness is positively significant in Nepal. This is in contrast to Bangladesh, where it is negatively significant. Additionally, the exchange rate employs a positive significance in Bangladesh and India while negative in Nepal. The short-run analysis reveals similar relational dynamics, whereas the exchange rate positively influences Pakistan.

Suggested Citation

  • Mohammad Rifat Rahman, 2024. "The Effect of Trade Development on Fossil Fuel Consumption in South Asian Countries," Energy RESEARCH LETTERS, Asia-Pacific Applied Economics Association, vol. 5(1), pages 1-6.
    • Handle: RePEc:ayb:jrnerl:95
    DOI: 2024/07/10
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    References listed on IDEAS

    as
    1. Muhammad Uzair Ali & Zhimin Gong & Muhammad Ubaid Ali & Xiong Wu & Chen Yao, 2021. "Fossil energy consumption, economic development, inward FDI impact on CO2 emissions in Pakistan: Testing EKC hypothesis through ARDL model," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 3210-3221, July.
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    More about this item

    Keywords

    Fossil fuel; Trade development; South Asia;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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