The Impact of Population Density, Energy Consumption, Economic Growth and Trade Openness on CO2 Emissions In India PDF Download
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Author: Ramphul Ohlan
Publisher:
ISBN:
Category :
Languages : en
Pages : 20
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Book Description
As the world's third largest carbon dioxide (CO2) emitter, India has long been believed to mostly compromise with international environmental obligation. Using annual data for the period 1970-2013, the study investigates the impact of population density, energy consumption, economic growth and trade openness on CO2 emissions in India. It applies the autoregressive distributed lag bounds testing approach to cointegration for establishing the existence of a long-run relationship and uses vector error correction model to determine the direction of causality between the variables. The results indicate that there is a meaningful long-run relationship between CO2 emissions and socioeconomic factors. We find that population density, energy consumption and economic growth have statistically significant positive effect on CO2 emissions both in the short-run and long-run. Among these three drivers, population density proves the main influencing factor of CO2 emissions changes. Therefore, a cautious population stabilization policy in the country would assist in reducing CO2 emissions and sustaining long-run economic growth. The findings further support the continued policy actions to develop the alternative energy sources such as renewable, and to use green and clean technologies to curb CO2 emissions without reducing energy consumption.
Author: Ramphul Ohlan
Publisher:
ISBN:
Category :
Languages : en
Pages : 20
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Book Description
As the world's third largest carbon dioxide (CO2) emitter, India has long been believed to mostly compromise with international environmental obligation. Using annual data for the period 1970-2013, the study investigates the impact of population density, energy consumption, economic growth and trade openness on CO2 emissions in India. It applies the autoregressive distributed lag bounds testing approach to cointegration for establishing the existence of a long-run relationship and uses vector error correction model to determine the direction of causality between the variables. The results indicate that there is a meaningful long-run relationship between CO2 emissions and socioeconomic factors. We find that population density, energy consumption and economic growth have statistically significant positive effect on CO2 emissions both in the short-run and long-run. Among these three drivers, population density proves the main influencing factor of CO2 emissions changes. Therefore, a cautious population stabilization policy in the country would assist in reducing CO2 emissions and sustaining long-run economic growth. The findings further support the continued policy actions to develop the alternative energy sources such as renewable, and to use green and clean technologies to curb CO2 emissions without reducing energy consumption.
Author: P.R. Shukla
Publisher: Allied Publishers
ISBN: 8184249675
Category : Energy consumption
Languages : en
Pages : 162
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Book Description
India’s energy system has evolved around domestic coal, sizable imports of oil and LNG, moderate contribution of hydro power, declining and yet sizable use of traditional biomass as cooking fuel by rural households and growing attention to modern renewable, nuclear and energy efficient technologies. India’s per-capita GHG emissions are below the global average and far below those in the developed countries. Notwithstanding the inherited fossil based energy system and high economic growth expectations, India voluntarily committed to reduce GHG emissions intensity of the economy by 20-25 per cent from 2005 to 2020. This book details inventory of energy and emissions at national and sector levels. It maps firm and locale level energy use and emissions and their impacts such as on the urban air pollution. The future energy and emissions trends are analyzed following scenarios analysis using integrated assessment modelling framework that aligns India’s national development goals with global climate change actions. The analysis shows that the global 2˚C temperature stabilization target shall require fundamental transformation of India’s energy system, both on demand and supply sides. The book demonstrates the necessity and validity of following a long-term development-centric perspective; even while delineating near-term energy and emissions policies, programs and targets such as those needed to delineate the Intended Nationally Determined Contributions (INDCs). The book, while illustrating the best practice modeling, scenarios development and policy assessment for India, provides insights into the mode and means of navigating the energy and emissions policy landscape for India. The complexity of the policymaking notwithstanding, the book is intended to demystify the methods and means for delineating the policies. The book, we hope demonstrates the need to use best practice methodologies for national assessments and also the existence of the scientific capacity in the country to carry out such assessments.
Author: Srinivasan Palamalai
Publisher:
ISBN:
Category :
Languages : en
Pages : 21
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Book Description
This paper investigates the causal nexus between energy consumption, CO2 emissions, economic growth and trade in India using the Perron (1989) unit root test, Gregory and Hansen (1996) cointegration test and Vector Error Correction Model. The study results exhibit a long-run relationship between energy consumption, CO2 emissions, economic growth and trade in India. The empirical results confirm that energy consumption influences the economic activity in the short-run, implying that higher rate of economic growth is driven by consumption demand for energy in the economy. This is also well in consistent with the findings of Paul and Bhattacharya (2004) in the Indian context. Further, the study detects one way causation exist from energy use to CO2 emission and trade, and CO2 emissions to economic growth in the short-run.
Author: Michael A. Toman
Publisher: Routledge
ISBN: 1136523189
Category : Nature
Languages : en
Pages : 449
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Book Description
Though the impact of climate change will most likely be greatest with the already poor and vulnerable populations in the developing world, much of the writing about the costs and benefits of different policies to reduce greenhouse gas (GHG) emissions is by Western scholars, working in advanced industrialized economies. Drawing the majority of its contributions from authors based at Indian universities and other research centers, India and Global Climate Change provides a developing world perspective on the debate. With a population of over one billion, and an economy that is undergoing substantial restructuring and greatly increased economic growth after a number of years of stagnation, India has an exceptional stake in the debate about climate change policy. Using the Indian example, this volume looks at such policy issues as the energy economy relationships that drive GHG emissions; the options and costs for restricting GHG emissions while promoting sustainable development; and the design of innovative mechanisms for expanded international cooperation with GHG mitigation.
Author: Simrit Kaur
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Purpose: Based on the hypothesis of the environmental Kuznets curve (EKC), the purpose of this study is to investigate the relationship between environmental pollutants (as measured by CO2 emissions) and GDP for India, over the period 1980-2012. The presence of an inverted “U” shape relationship is examined while controlling for factors such as the degree of trade openness, foreign direct investment, oil prices, the legal system and industrialization.Design/methodology/approach: To verify whether the EKC follows a linear, quadratic or polynomial form, autoregressive distributed lag (ARDL) bounds testing approach for cointegration with structural breaks is adopted. The annual time series data for carbon emissions (CO2), economic growth (GDP), industrial development (industrialization), foreign direct investment and trade openness have been obtained from World Development Indicators online database. Crude oil price (international price index) for the period is collected from the International Monetary Fund. Data for total petroleum consumption are collected from the US Energy Information Agency. Data for economic freedom variables are from the Fraser Institute's Economic Freedom Index's online database.Findings: The findings support the existence of inverted U-shaped EKC in the short-run, but not in the long-run. A linear monotonic relationship has also been estimated in select model specifications. Additionally, trade openness has been estimated to reduce emissions in models, which incorporate FDI. Else, where significant, its impact on carbon emissions is adverse. A rise in fuel price leads to reduction in carbon emissions across model specifications. Further, the lower size of government degrades the environment both in the long-run and short-run.Practical implications: Given the existence of the pollution haven hypothesis, wherein more trade and foreign direct investments cause environmental degradation, the paper proposes formulation of appropriate regulatory mechanisms that are environmentally friendly. Additionally, India's new economic policies, favoring liberalization, privatization and globalization, reinforces the need to strengthen environmental regulations.Originality/value: Incorporation of economic freedom as measured by the “Size of Government” in the EKC model is unique. “Size of Government” deserves a special mention. The rationale for including this explanatory variable is to understand whether countries with lower government size are more polluting. After all, theory does suggest that goods and services, which have higher social cost vis-à-vis private cost, shall be overproduced in economies that adopt more market-friendly policies, necessitating government intervention. In the study, size of government is measured as per the definition and methodology adopted by Fraser Institute's Economic Freedom of the World Index.
Author: Srinivasan Palamalai
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The purpose of the study is to examine the causal nexus between various sources of energy consumption, viz. Coal, Crude Oil, Electricity and Natural Gas, CO2 emissions, economic growth and trade in India using the Perron unit root test, Gregory and Hansen cointegration test and Vector Error Correction Model. The study exhibits a long-run relationship between various sources of energy consumption, economic growth, CO2 emissions and trade in India. By and large, the empirical results confirm that economic growth fuels rate of various sources of energy consumption i.e. coal, crude petroleum, electricity and natural gas. The findings reveal that increase in CO2 emissions leads to achieve high level of economic activity in India. In addition, the study finds that foreign trade influences the various sources of non-renewable energy consumption in the long-term. However, the energy consumption do not significantly contributes towards promoting foreign trade, except crude petroleum, in the short-run.
Author: Rajat Kathuria
Publisher: Springer
ISBN: 9811309051
Category : Business & Economics
Languages : en
Pages : 201
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Book Description
This book explores ways in which India can negotiate the low carbon path up until 2030, when it is expected to be the largest economy after the US and China. It comprehensively reviews the low climate pathways for India and provides a guide to the pathways that the country can adopt. India’s population, energy demands and emissions will increase significantly, and the challenge is to restrict its CO2 emissions and walk the low carbon path. Through its Intended Nationally Determined Contributions (INDCs), India has pledged to reduce its emissions significantly. Addressing the question of which low carbon paths India can adhere to without compromising its growth, the book identifies the key factors that feed into existing models of climate change and discusses the cost of action versus inaction. It also examines key issues concerning India’s environment through the lens of the transport, industry and water sectors. The book concludes by looking at policy implications for low carbon growth in India.
Author: Muhammad Shahbaz
Publisher: Springer Nature
ISBN: 303046847X
Category : Business & Economics
Languages : en
Pages : 333
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Book Description
This book gathers cutting-edge studies on the relationship between energy innovations, economic growth, environmental regulation, promotion of renewable energy use, and climate change. Building on the research discussed in the editor’s previous book Decarbonization and Energy Technology in the Era of Globalization, it discusses recent developments such as the impacts of globalization and energy efficiency on economic growth and environmental quality. It also explores the ways in which globalization has benefited green energy development, e.g. the expansion of new technologies and cleaner machinery, as well as the problems it has caused. Written by respected experts, the respective contributions address topics including econometric modelling of the behaviour of and dynamics between economic growth and environmental quality, aspects of energy production and consumption, oil prices, economic growth, trade openness, environmental quality, regulatory measures, and innovations in the energy sector. Providing a comprehensive overview of the latest research, the book offers a valuable reference guide for researchers, policymakers, practitioners and students in the fields of renewable energy development and economics.
Author: Manasranjan Dashmishra
Publisher: Concept Publishing Company
ISBN: 9788180697227
Category : Agriculture
Languages : en
Pages : 232
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Book Description
Author: Tonmoy Chatterjee
Publisher: Emerald Group Publishing
ISBN: 1837535884
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
Proposing international trade as a path for achieving the SDGs, this curated collection envisions a more equitable and sustainable world, one where the benefits of international trade are fairly distributed, where economic crises are met with resilience and innovation and where the SDGs are not just aspirations but lived realities.
