Decomposing the Role of Different Factors in CO2 Emissions Increase in South Asia

The purpose of this paper is to determine the role of different important factors responsible for CO2 emissions increase in South Asia. Decomposition analysis has been done to see the factors which are primarily responsible for changes in CO2 emissions. Logarithmic Mean Divisia Index is used to quan...

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Main Author: Gupta Monika
Format: Article
Language:English
Published: Sciendo 2019-04-01
Series:Studies in Business and Economics
Subjects:
Online Access:https://doi.org/10.2478/sbe-2019-0006
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author Gupta Monika
author_facet Gupta Monika
author_sort Gupta Monika
collection DOAJ
description The purpose of this paper is to determine the role of different important factors responsible for CO2 emissions increase in South Asia. Decomposition analysis has been done to see the factors which are primarily responsible for changes in CO2 emissions. Logarithmic Mean Divisia Index is used to quantify the role of different important factors in CO2 emissions increase during 1980 to 2014 in seven major South Asian countries - Bhutan, Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka. The analysis shows that income effect and population effect are the major determinants in the increase in per capita emissions whereas fuel intensity and in few cases, emissions intensity has a negative effect in emissions increase in most of these countries. Due to high growth potential, emerging trend and rich resource endowments, it is suggested that South Asian countries should accelerate their efforts and cooperate to reduce CO2 emissions and energy consumption. This will help to attain sustainable economic growth in future.
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spelling doaj.art-3eee1c5d0869480f9e707b42633f74422022-12-22T03:13:30ZengSciendoStudies in Business and Economics2344-54162019-04-01141728610.2478/sbe-2019-0006sbe-2019-0006Decomposing the Role of Different Factors in CO2 Emissions Increase in South AsiaGupta Monika0Birla Institute of Technology and Science (BITS)Pilani, IndiaThe purpose of this paper is to determine the role of different important factors responsible for CO2 emissions increase in South Asia. Decomposition analysis has been done to see the factors which are primarily responsible for changes in CO2 emissions. Logarithmic Mean Divisia Index is used to quantify the role of different important factors in CO2 emissions increase during 1980 to 2014 in seven major South Asian countries - Bhutan, Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka. The analysis shows that income effect and population effect are the major determinants in the increase in per capita emissions whereas fuel intensity and in few cases, emissions intensity has a negative effect in emissions increase in most of these countries. Due to high growth potential, emerging trend and rich resource endowments, it is suggested that South Asian countries should accelerate their efforts and cooperate to reduce CO2 emissions and energy consumption. This will help to attain sustainable economic growth in future.https://doi.org/10.2478/sbe-2019-0006co2 emissionsdecomposition analysiseconomic growthlmdisaarcsouth asia
spellingShingle Gupta Monika
Decomposing the Role of Different Factors in CO2 Emissions Increase in South Asia
Studies in Business and Economics
co2 emissions
decomposition analysis
economic growth
lmdi
saarc
south asia
title Decomposing the Role of Different Factors in CO2 Emissions Increase in South Asia
title_full Decomposing the Role of Different Factors in CO2 Emissions Increase in South Asia
title_fullStr Decomposing the Role of Different Factors in CO2 Emissions Increase in South Asia
title_full_unstemmed Decomposing the Role of Different Factors in CO2 Emissions Increase in South Asia
title_short Decomposing the Role of Different Factors in CO2 Emissions Increase in South Asia
title_sort decomposing the role of different factors in co2 emissions increase in south asia
topic co2 emissions
decomposition analysis
economic growth
lmdi
saarc
south asia
url https://doi.org/10.2478/sbe-2019-0006
work_keys_str_mv AT guptamonika decomposingtheroleofdifferentfactorsinco2emissionsincreaseinsouthasia