Attaining Environmental Sustainability Through Cashew Nut Production in India: Revisiting the Role of Energy Consumption and Economic Growth
Although carbon dioxide (CO2) emissions are the most debated topic in the current era, the solution for this is not yet reached a conclusion in the literature. Further, curbing CO2 emissions along with maintaining the same pace of economic growth is necessary to achieve sustainable development. Bein...
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| Format: | Article |
| Language: | English |
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Islamic Azad University
2023-06-01
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| Series: | Journal of Nuts |
| Subjects: | |
| Online Access: | https://ijnrs.damghan.iau.ir/article_698530_b11be24384f1f24478b8a55274f5a2a6.pdf |
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| author | Noushad Cheriyambadan Muhammed Ashiq Villanthenkodath Hassan Shareef |
| author_facet | Noushad Cheriyambadan Muhammed Ashiq Villanthenkodath Hassan Shareef |
| author_sort | Noushad Cheriyambadan |
| collection | DOAJ |
| description | Although carbon dioxide (CO2) emissions are the most debated topic in the current era, the solution for this is not yet reached a conclusion in the literature. Further, curbing CO2 emissions along with maintaining the same pace of economic growth is necessary to achieve sustainable development. Being a top producing, processing and exporting country of cashew nuts in the world, India has a well-established growth effect that emanates from cashew nut production. However, the environmental effect of cashew nut production is not clear. Thus, this study aims to assess the role of cashew nut production on CO2 emissions while endogenising energy consumption and economic growth in the environmental degradation function of India during 1975-2021. For empirical analysis, the study uses combined cointegration, cointegrating regressions, and time and frequency domain causality tests. The evolved outcome shows a long-run cointegration of the series. Further, cashew nut production significantly reduces CO2 emissions, while energy consumption portrays a significantly increasing role in CO2 emissions. Surprisingly, but not shockingly, economic growth significantly reduces CO2 emissions in India. From the causality point of view, a unidirectional causality runs from cashew nut production to CO2 emissions in both time and frequency time causality tests. Based on the findings, the study suggests a policy for sustainable development in India. |
| first_indexed | 2024-04-09T17:26:56Z |
| format | Article |
| id | doaj.art-485105c45ee34abea4af1ba0b12cb1cb |
| institution | Directory Open Access Journal |
| issn | 2383-319X 2383-3416 |
| language | English |
| last_indexed | 2024-04-09T17:26:56Z |
| publishDate | 2023-06-01 |
| publisher | Islamic Azad University |
| record_format | Article |
| series | Journal of Nuts |
| spelling | doaj.art-485105c45ee34abea4af1ba0b12cb1cb2023-04-18T10:23:12ZengIslamic Azad UniversityJournal of Nuts2383-319X2383-34162023-06-011429511110.22034/jon.2022.1972216.1203698530Attaining Environmental Sustainability Through Cashew Nut Production in India: Revisiting the Role of Energy Consumption and Economic GrowthNoushad Cheriyambadan0Muhammed Ashiq Villanthenkodath1Hassan Shareef2School of Social Sciences and Humanities, B.S. Abdur Rahman Crescent Institute of Science and Technology, Tamil Nadu, 600048, IndiaSchool of Social Sciences and Humanities, B.S. Abdur Rahman Crescent Institute of Science and Technology, Tamil Nadu, 600048, IndiaCrescent School of Law, B.S. Abdur Rahman Crescent Institute of Science and Technology, Tamil Nadu, 600048, IndiaAlthough carbon dioxide (CO2) emissions are the most debated topic in the current era, the solution for this is not yet reached a conclusion in the literature. Further, curbing CO2 emissions along with maintaining the same pace of economic growth is necessary to achieve sustainable development. Being a top producing, processing and exporting country of cashew nuts in the world, India has a well-established growth effect that emanates from cashew nut production. However, the environmental effect of cashew nut production is not clear. Thus, this study aims to assess the role of cashew nut production on CO2 emissions while endogenising energy consumption and economic growth in the environmental degradation function of India during 1975-2021. For empirical analysis, the study uses combined cointegration, cointegrating regressions, and time and frequency domain causality tests. The evolved outcome shows a long-run cointegration of the series. Further, cashew nut production significantly reduces CO2 emissions, while energy consumption portrays a significantly increasing role in CO2 emissions. Surprisingly, but not shockingly, economic growth significantly reduces CO2 emissions in India. From the causality point of view, a unidirectional causality runs from cashew nut production to CO2 emissions in both time and frequency time causality tests. Based on the findings, the study suggests a policy for sustainable development in India.https://ijnrs.damghan.iau.ir/article_698530_b11be24384f1f24478b8a55274f5a2a6.pdfcashew nut productionco2 emissionseconomic growthenergy consumptionindiatime series |
| spellingShingle | Noushad Cheriyambadan Muhammed Ashiq Villanthenkodath Hassan Shareef Attaining Environmental Sustainability Through Cashew Nut Production in India: Revisiting the Role of Energy Consumption and Economic Growth Journal of Nuts cashew nut production co2 emissions economic growth energy consumption india time series |
| title | Attaining Environmental Sustainability Through Cashew Nut Production in India: Revisiting the Role of Energy Consumption and Economic Growth |
| title_full | Attaining Environmental Sustainability Through Cashew Nut Production in India: Revisiting the Role of Energy Consumption and Economic Growth |
| title_fullStr | Attaining Environmental Sustainability Through Cashew Nut Production in India: Revisiting the Role of Energy Consumption and Economic Growth |
| title_full_unstemmed | Attaining Environmental Sustainability Through Cashew Nut Production in India: Revisiting the Role of Energy Consumption and Economic Growth |
| title_short | Attaining Environmental Sustainability Through Cashew Nut Production in India: Revisiting the Role of Energy Consumption and Economic Growth |
| title_sort | attaining environmental sustainability through cashew nut production in india revisiting the role of energy consumption and economic growth |
| topic | cashew nut production co2 emissions economic growth energy consumption india time series |
| url | https://ijnrs.damghan.iau.ir/article_698530_b11be24384f1f24478b8a55274f5a2a6.pdf |
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