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Detecting the Role of Agriculture and Industry Value Added, Energy, Capital Flow, and Openness to Trade upon Environmental Kuznets Curve for India

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  • J. C. Sharmiladevi

    (Symbiosis Centre for Management Studies, Symbiosis International (Deemed University), Pune, Maharashtra, India)

Abstract

This study revisits the environmental Kuznets curve for India, considering unique variables like agriculture and industry value added, fossil fuel energy consumption, inward foreign direct investment, openness to trade, economic growth and carbon dioxide (CO2) emission. The study results indicate the presence of EKC for India, indicating a positive long-term equilibrium relationship between agriculture and industry value added and fossil fuel energy consumption with CO2 emission. Inward FDI and trade openness have a negative relation with CO2 emission, supporting the fact that the environmental regulations for international investments and trade in India are becoming more assertive. At the same time, India needs stringent regulations on emissions from the agriculture and industry sectors.

Suggested Citation

  • J. C. Sharmiladevi, 2024. "Detecting the Role of Agriculture and Industry Value Added, Energy, Capital Flow, and Openness to Trade upon Environmental Kuznets Curve for India," International Journal of Energy Economics and Policy, Econjournals, vol. 14(6), pages 55-62, November.
    • Handle: RePEc:eco:journ2:2024-06-7
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    1. J. C. Sharmiladevi, 2024. "Detecting the Role of Agriculture and Industry Value Added, Energy, Capital Flow, and Openness to Trade upon Environmental Kuznets Curve for India," International Journal of Energy Economics and Policy, Econjournals, vol. 14(6), pages 55-62, November.

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    More about this item

    Keywords

    Environmental Kuznets Curve; Agriculture Value Added; Industry Value Added; Inward FDI; CO2 Emission; Trade Openness; Economic Growth;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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