IDEAS home Printed from https://ideas.repec.org/a/bba/j00006/v2y2024i3p34-45d342.html
   My bibliography  Save this article

Unraveling the impact of energy demand and exports on environment and economy: A case study of South Asian Economies

Author

Listed:
  • Kiran Batool

    (Beijing Key Laboratory of New Energy and Low Carbon Development, School of Economics and Management, North China Electric Power University, Beijing, China)

  • Muhammad Adeel

    (School of Mechanical Engineering and Automation, Beihang University, Beijing, China)

  • Abdulhalim Musa Abubakar

    (Department of Chemical Engineering, Faculty of Engineering, Modibbo Adama University (MAU), P.M.B 2072, Girei LGA, Adamawa State, Nigeria)

Abstract

This study employs empirical analysis using an econometric model that examines the interdependence among environmental degradation, exports, and economic development with energy use. It also provides an environmental Kuznets curve (EKC) for selected South Asian economies utilizing time-series data. The findings reveal a long-term, stable equilibrium link between energy demand and pollution. There exists a positive relationship between structural factors and pollution. Moreover, this study constructs a model of exports and pollution from an interdependent perspective. The three perspectives are tested: the scale and structure of energy consumption considering the twin constraints of export-trade and pollution, and the scale of pollution in export-trade constraint. These results show that the increase in energy use leads to higher CO2 emissions amidst export volume. However, in the presence of income, the scale of effect lowers a little. The analysis also supports the presence of Kuznets curve for south-Asian economies. The results imply substantial scope for development in the energy use and pollution structure within South Asia's current export trade process. This development can be attained by regulating energy use and enhancing system efficacy without necessitating changes to the scale effect or structural effect.

Suggested Citation

  • Kiran Batool & Muhammad Adeel & Abdulhalim Musa Abubakar, 2024. "Unraveling the impact of energy demand and exports on environment and economy: A case study of South Asian Economies," Energy Technologies and Environment, Anser Press, vol. 2(3), pages 34-45, September.
    • Handle: RePEc:bba:j00006:v:2:y:2024:i:3:p:34-45:d:342
    as

    Download full text from publisher

    File URL: https://www.anserpress.org/journal/ete/2/3/18/pdf
    Download Restriction: no
    File URL: https://www.anserpress.org/journal/ete/2/3/18
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Shengyuan Wang & Meixia Pan & Xiaolan Wu, 2023. "Sustainable Development in the Export Trade from a Symbiotic Perspective on Carbon Emissions, Exemplified by the Case of Guangdong, China," Sustainability, MDPI, vol. 15(12), pages 1-23, June.
    2. Grant Hewison & Maree Underhill, 1997. "Introduction: Trade, Environment and Sustainable Development: A South Asian Perspective," Palgrave Macmillan Books, in: Veena Jha & Grant Hewison & Maree Underhill (ed.), Trade, Environment & Sustainable Development, pages 1-12, Palgrave Macmillan.
    3. Feix, Rodrigo Daniel & Miranda, Silvia Helena Galvao de & Barros, Geraldo Sant'Ana de Camargo, 2008. "Environmental regulation and international trade patterns for agro-industrial under a South-North Perspective," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44329, European Association of Agricultural Economists.
    4. Usman Azhar & Samina Khalil, 2007. "Environmental Effects of Trade Liberalisation: A Case Study of Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 46(4), pages 645-655.
    5. Zeren, Feyyaz & Akkuş, Hilmi Tunahan, 2020. "The relationship between renewable energy consumption and trade openness: New evidence from emerging economies," Renewable Energy, Elsevier, vol. 147(P1), pages 322-329.
    6. Goldar, Amrita & Bhanot, Jaya & Shimpo, Kazushige, 2011. "Prioritizing towards a green export portfolio for India: An environmental input–output approach," Energy Policy, Elsevier, vol. 39(11), pages 7036-7048.
    7. Peter Pedroni, 2001. "Purchasing Power Parity Tests In Cointegrated Panels," The Review of Economics and Statistics, MIT Press, vol. 83(4), pages 727-731, November.
    8. Kshitiz Dahal & Posh Raj Pandey, 2018. "Green Growth and Trade in Environmental Goods and Services : A South Asian Perspective," Working Papers wp/18/01, South Asia Watch on Trade, Economics and Environment.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Usman Mehmood, 2024. "Analyzing the Role of Political Risk, GDP, and Eco-Innovations Towards CO2 Emissions in South Asian Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 2121-2135, March.
    2. Hashemizadeh, Ali & Bui, Quocviet & Kongbuamai, Nattapan, 2021. "Unpacking the role of public debt in renewable energy consumption: New insights from the emerging countries," Energy, Elsevier, vol. 224(C).
    3. Wang, Qiang & Zhang, Fuyu, 2021. "Free trade and renewable energy: A cross-income levels empirical investigation using two trade openness measures," Renewable Energy, Elsevier, vol. 168(C), pages 1027-1039.
    4. Gürkaynak, Refet S. & Kısacıkoğlu, Burçin & Lee, Sang Seok, 2022. "Exchange rate and inflation under weak monetary policy: Turkey verifies theory," CFS Working Paper Series 679, Center for Financial Studies (CFS).
    5. Peter Fuleky & Carl S. Bonham & Qianxue Zhao, 2013. "Estimating Demand Elasticities in Non-Stationary Panels: The Case of Hawaii's Tourism Industry," Working Papers 201314, University of Hawaii at Manoa, Department of Economics.
    6. Al-mulali, Usama & Fereidouni, Hassan Gholipour & Lee, Janice Y.M., 2014. "Electricity consumption from renewable and non-renewable sources and economic growth: Evidence from Latin American countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 290-298.
    7. Zhongwei, Huang & Liu, Yishu, 2022. "The role of eco-innovations, trade openness, and human capital in sustainable renewable energy consumption: Evidence using CS-ARDL approach," Renewable Energy, Elsevier, vol. 201(P1), pages 131-140.
    8. Svenja Flechtner & Claudius Gräbner, 2019. "The heterogeneous relationship between income and inequality: a panel co-integration approach," Economics Bulletin, AccessEcon, vol. 39(4), pages 2540-2549.
    9. Bernstein, Ronald & Madlener, Reinhard, 2011. "Responsiveness of Residential Electricity Demand in OECD Countries: A Panel Cointegation and Causality Analysis," FCN Working Papers 8/2011, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    10. Hong, Seung Hyun & Phillips, Peter C. B., 2010. "Testing Linearity in Cointegrating Relations With an Application to Purchasing Power Parity," Journal of Business & Economic Statistics, American Statistical Association, vol. 28(1), pages 96-114.
    11. BADALYAN, Gohar & HERZFELD, Thomas & RAJCANIOVA, Miroslava, 2014. "Transport Infrastructure And Economic Growth: Panel Data Approach For Armenia, Georgia And Turkey," Review of Agricultural and Applied Economics (RAAE), Faculty of Economics and Management, Slovak Agricultural University in Nitra, vol. 17(2), pages 1-10, October.
    12. Tang, Kin-Boon, 2011. "The precise form of uncovered interest parity: A heterogeneous panel application in ASEAN-5 countries," Economic Modelling, Elsevier, vol. 28(1-2), pages 568-573, January.
    13. Franses, Ph.H.B.F. & van Dijk, D.J.C., 2002. "A simple test for PPP among traded goods," Econometric Institute Research Papers EI 2002-02, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    14. Naima Chrid & Sami Saafi & Mohamed Chakroun, 2021. "Export Upgrading and Economic Growth: a Panel Cointegration and Causality Analysis," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(2), pages 811-841, June.
    15. Kazemzadeh, Emad & Fuinhas, José Alberto & Koengkan, Matheus & Shadmehri, Mohammad Taher Ahmadi, 2023. "Relationship between the share of renewable electricity consumption, economic complexity, financial development, and oil prices: A two-step club convergence and PVAR model approach," International Economics, Elsevier, vol. 173(C), pages 260-275.
    16. Dierk Herzer & Philipp Hühne & Peter Nunnenkamp, 2014. "FDI and Income Inequality—Evidence from Latin American Economies," Review of Development Economics, Wiley Blackwell, vol. 18(4), pages 778-793, November.
    17. Dong, Kangyin & Sun, Renjin & Li, Hui & Liao, Hua, 2018. "Does natural gas consumption mitigate CO2 emissions: Testing the environmental Kuznets curve hypothesis for 14 Asia-Pacific countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 419-429.
    18. Nicholas Apergis & Dan Constantin Danuletiu, 2014. "Renewable Energy and Economic Growth: Evidence from the Sign of Panel Long-Run Causality," International Journal of Energy Economics and Policy, Econjournals, vol. 4(4), pages 578-587.
    19. Mariarosaria Comunale & Markus Eller & Mathias Lahnsteiner, 2020. "Assessing credit gaps in CESEE based on levels justified by fundamentals – a comparison across different estimation approaches," Bank of Lithuania Working Paper Series 74, Bank of Lithuania.
    20. Samrat Roy & Chanchal Chatterjee, 2013. "Dynamics of Trade Potentials in ‘Emerging Asia’ in the Post Financial Crisis Era," Global Business Review, International Management Institute, vol. 14(4), pages 639-650, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bba:j00006:v:2:y:2024:i:3:p:34-45:d:342. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ramona Wang (email available below). General contact details of provider: https://www.anserpress.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.