Causality between economic growth, carbon dioxide emissions, oil and coal consumption: empirical evidence from India
by Ritu Rani; Naresh Kumar
International Journal of Global Energy Issues (IJGEI), Vol. 41, No. 5/6, 2018

Abstract: Energy policy makers in India are interested in the causal relationship among economic growth, carbon dioxide emissions, coal, and oil consumption. This paper is an attempt to analyse the short-run and long-run relationship among economic growth, carbon dioxide emissions, oil, and coal consumption in India using annual data covering the period 1965-2015. Autoregressive distributed lag model and vector error correction model is used to analyse the data. The study found that coal consumption is the key determinant of carbon dioxide emissions and 1% increase in coal consumption will deteriorate the environment by emitting 0.68% carbon dioxide gases in India. The study found bidirectional causality running from coal consumption to carbon dioxide emissions in long run. The study suggests that the government should focus on renewable energy sources like wind and solar energy to reduce carbon dioxide emissions and to achieve high economic growth rate.

Online publication date: Mon, 24-Dec-2018

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Global Energy Issues (IJGEI):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com