Does Higher Education Level Matter for The Reduction of Non-Renewable Energy Demand? Insights from the World’s Largest Greenhouse Gas Emitters
Mantu Kumar Mahalik,
Thai-Ha Le,
Ha-Chi Le and
Sushree Subhadra
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Mantu Kumar Mahalik: Indian Institute of Technology Kharagpur, India
Ha-Chi Le: Monash University, Australia
Sushree Subhadra: Indian Institute of Technology Bhilai, India
Journal of Economic Development, 2022, vol. 47, issue 3, 29-56
Abstract:
This study examines the impact of higher education on primary energy consumption and non-renewable energy usage for the world’s five largest greenhouse gas emitters, namely, China, the United States, India, Russia, and Japan. Autoregressive distributed lag (ARDL)-bounds testing approach to cointegration is employed to annual data series taken from the World Bank’s World Development Indicators over the period 1971-2015. The empirical findings validate a U-shaped relationship between higher education and non-renewable energy for Japan, whereas higher education level increases it for China in the long run. Higher education level appears to discourage the usage of non-renewable energy in India and Russia in the long run, but not so effective. From a policy perspective, it urges governments of these economies to provide effective environmental education and knowledge to their people so that non-renewable energy usage would be lowered for a better environmental quality.
Keywords: Higher Education; Energy Consumption Pattern; Top Energy Consumers; Time-series (search for similar items in EconPapers)
JEL-codes: C22 D12 I23 Q43 (search for similar items in EconPapers)
Date: 2022
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