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

J. C. Sharmiladevi
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J. C. Sharmiladevi: Symbiosis Centre for Management Studies, Symbiosis International (Deemed University), Pune, Maharashtra, India

International Journal of Energy Economics and Policy, 2024, vol. 14, issue 6, 55-62

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.

Keywords: Environmental Kuznets Curve; Agriculture Value Added; Industry Value Added; Inward FDI; CO2 Emission; Trade Openness; Economic Growth (search for similar items in EconPapers)
JEL-codes: F2 O13 O4 Q52 Q58 (search for similar items in EconPapers)
Date: 2024
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