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Energy, environment and growth nexus in South Asia

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  • Muhammad Zeshan
  • Vaqar Ahmed

Abstract

The present study investigates the energy, environment and growth nexus for a panel of South Asian countries including Bangladesh, India, Pakistan, Sri Lanka and Nepal. The simultaneous analysis of real GDP, energy consumption and CO 2 emissions is conducted for the period 1980–2010. Levin panel unit root test and Im test panel unit root both indicate that all the variables are I (1). In addition, Kao’s panel Cointegration test specifies a stable long-term relationship between all these variables. Empirical findings show that a 1 % increase in energy consumption increases output by 0.81 % in long run whereas for the same increase in CO 2 emission output falls by 0.17 % in long run. Panel Granger causality tests report short-run causality running from energy consumption to CO 2 emissions and from CO 2 emissions to GDP. Copyright Springer Science+Business Media Dordrecht 2013

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  • Muhammad Zeshan & Vaqar Ahmed, 2013. "Energy, environment and growth nexus in South Asia," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 15(6), pages 1465-1475, December.
    • Handle: RePEc:spr:endesu:v:15:y:2013:i:6:p:1465-1475
    DOI: 10.1007/s10668-013-9459-8
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    4. Huma Khan & Vaqar Ahmed, 2017. "Fund-Raising For Energy Projects In Pakistan," Working Papers id:12268, eSocialSciences.
    5. Md. Nazmus Sadekin & Md. Mahbub Alam & Syed Moudud-Ul-Huq & Mohammad Ghozali Hassan & Tarequl Islam, 2021. "Do Energy Consumption and Environmental Degradation (CO2 Emissions) Matter for Economic Growth? Fresh Evidence from a Developing Economy," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 289-297.
    6. Abid Rashid Gill & Kuperan K. Viswanathan & Sallahuddin Hassan, 2018. "A test of environmental Kuznets curve (EKC) for carbon emission and potential of renewable energy to reduce green house gases (GHG) in Malaysia," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 20(3), pages 1103-1114, June.
    7. Cuma Bozkurt & Yusuf Akan, 2014. "Economic Growth, CO2 Emissions and Energy Consumption: The Turkish Case," International Journal of Energy Economics and Policy, Econjournals, vol. 4(3), pages 484-494.
    8. Atif Khan Jadoon & Sania Akhtar & Ambreen Sarwar & Syeda Azra Batool & Sarvjeet Kaur Chatrath & Saima Liaqat, 2021. "Is Economic Growth And Industrial Growth The Reason For Environmental Degradation In Saarc Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 11(6), pages 418-426.
    9. Ramphul Ohlan, 2015. "The impact of population density, energy consumption, economic growth and trade openness on CO 2 emissions in India," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 79(2), pages 1409-1428, November.
    10. Nepal, Rabindra & Paija, Nirash, 2019. "Energy security, electricity, population and economic growth: The case of a developing South Asian resource-rich economy," Energy Policy, Elsevier, vol. 132(C), pages 771-781.
    11. Kazi Sohag & Rawshan Begum & Sharifah Abdullah, 2015. "Dynamic impact of household consumption on its CO 2 emissions in Malaysia," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 17(5), pages 1031-1043, October.
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    13. Muhammad Bilal Khan & Hummera Saleem & Malik Shahzad Shabbir & Xie Huobao, 2022. "The effects of globalization, energy consumption and economic growth on carbon dioxide emissions in South Asian countries," Energy & Environment, , vol. 33(1), pages 107-134, February.
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