Pattern of Carbon Dioxide Emission, Economic GrowthEconomic growth and Energy ConsumptionEnergy consusmption in South-Asian CountriesSouth Asian countries: An Empirical Analysis

Elora Sil Roy (), Rittu Susan Varkey () and Prasant Kumar Panda ()
Additional contact information
Elora Sil Roy: Deloitte
Rittu Susan Varkey: CHRIST (Deemed to be University)
Prasant Kumar Panda: Central University of Tamil Nadu

Chapter Chapter 2 in Critical Perspectives on Emerging Economies, 2021, pp 17-26 from Springer

Abstract: Abstract The main aim of this chapter is to analyse the pattern of environmental pollution as represented by per capita carbon dioxide emission (PCCO2), per capita gross domestic product (PCGDP) and per capita energy consumption (PCEC) and their nexus in case of South-Asian countries for the time period 1991–2014. Econometric tools such as panel co-integration and fully modified ordinary least squares have been used to study the relations. A positive significant relationship has been observed between PCGDP and PCCO2 emission. In addition, an increase in PCEC also has a positively significant impact on PCCO2 emission. Therefore, the governments of all the countries need to come together and take steps to curb the rising carbon emission since neither the problem nor the responsibility is restricted to one country alone. There is a need for countries to increase the consumption of renewable energy and explore alternate options that are fewer dependents on coal or any other fossil fuel. On priority, economies in South-Asian region should focus on sustainable economic activities by balancing growth of economy with clean environment.

Keywords: Economic growth; CO2 emissions; Energy consumption; Panel co-integration; Sustainable development (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-030-59781-8_2

Ordering information: This item can be ordered from
http://www.springer.com/9783030597818

DOI: 10.1007/978-3-030-59781-8_2

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().