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

Kiran Batool, Muhammad Adeel and Abdulhalim Musa Abubakar
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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

Energy Technologies and Environment, 2024, vol. 2, issue 3, 34-45

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.

Keywords: Energy demand; South Asian economies; carbon emissions; econometric model; environment (search for similar items in EconPapers)
Date: 2024
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