 An Econometric Investigation of Dynamic Linkages Between CO2 Emissions, Energy Consumption, and Economic Growth: A Case of India and ChinaRakesh Shahani and Aastha Bansal Jindal Journal of Business Research, 2021, vol. 10, issue 1, 107-127 Abstract: The article investigates the co-integrating relationship between economic growth, energy, and environment for India and China for the period 1970–2014 (using log transformed yearly data). Whereas gross domestic product per capita is taken as the growth proxy, CO 2 emissions per capita represents environmental degradation and fossil fuel consumption is the proxy for energy consumption. The methodology adapted is autoregressive distributed lag “F†Bounds test with single structural break. The results of the study showed that co-integrating relation was established among all the variables except when CO 2 (China) is taken as dependent variable. The “error correction model†term was negative and significant in all the cases (except for CO 2 China again). Further the speed of adjustment toward equilibrium was highest at 16% per annum (p.a.) for CO 2 in India while it was between 3% and 8% p.a. for rest of the variables. Chow breakpoint test even confirmed that India CO 2 emissions had a break in 1996. Keywords: Co-integration; ARDL; serial correlation; structural break; Chow breakpoint test; error correction (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:sae:jjlobr:v:10:y:2021:i:1:p:107-127 DOI: 10.1177/22786821211002252 Access Statistics for this article More articles in Jindal Journal of Business Research |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.