Revisit coal consumption, CO emissions and economic growth nexus in China and India using a newly developed bootstrap ARDL bound test
This study revisits coal consumption, CO 2 emissions and economic growth nexus for both China and India using a newly developed Bootstrap ARDL model over the period of 1969–2015. Empirical results indicate no long-run relationship among these three variables for both China and India, and Granger cau...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2018-05-01
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| Series: | Energy Exploration & Exploitation |
| Online Access: | https://doi.org/10.1177/0144598717741031 |
| _version_ | 1818116206255669248 |
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| author | Feng-Li Lin Roula Inglesi-Lotz Tsangyao Chang |
| author_facet | Feng-Li Lin Roula Inglesi-Lotz Tsangyao Chang |
| author_sort | Feng-Li Lin |
| collection | DOAJ |
| description | This study revisits coal consumption, CO 2 emissions and economic growth nexus for both China and India using a newly developed Bootstrap ARDL model over the period of 1969–2015. Empirical results indicate no long-run relationship among these three variables for both China and India, and Granger causality test based on Bootstrap ARDL model indicates a feedback between coal consumption and economic growth, between economic growth and CO 2 emissions and between coal consumption and CO 2 emissions in China. However, we find a one-way Granger causality running from coal consumption to economic growth and the feedback hypothesis is confirmed between economic growth and CO 2 emissions and between coal consumption and CO 2 emissions in India. The coefficients signal that coal consumption is an important factor towards the promotion economic growth in both China and India. For China, higher economic growth reduces CO 2 emissions, while for India, it further increases CO 2 emissions. Our empirical results have important policy implications for the government conducting effective energy polices to promote economic growth in both China and India. |
| first_indexed | 2024-12-11T04:18:50Z |
| format | Article |
| id | doaj.art-85f40f018d3d4ac6884db06335f937cd |
| institution | Directory Open Access Journal |
| issn | 0144-5987 2048-4054 |
| language | English |
| last_indexed | 2024-12-11T04:18:50Z |
| publishDate | 2018-05-01 |
| publisher | SAGE Publishing |
| record_format | Article |
| series | Energy Exploration & Exploitation |
| spelling | doaj.art-85f40f018d3d4ac6884db06335f937cd2022-12-22T01:21:10ZengSAGE PublishingEnergy Exploration & Exploitation0144-59872048-40542018-05-013610.1177/0144598717741031Revisit coal consumption, CO emissions and economic growth nexus in China and India using a newly developed bootstrap ARDL bound testFeng-Li Lin0Roula Inglesi-Lotz1Tsangyao Chang2Department of Accounting, ChaoYang University, Taichung, TaiwanDepartment of Economics, , Pretoria, South AfricaDepartment of Finance, , Taichung, Taiwan and CTBC Financial College of Management, Tainan, TaiwanThis study revisits coal consumption, CO 2 emissions and economic growth nexus for both China and India using a newly developed Bootstrap ARDL model over the period of 1969–2015. Empirical results indicate no long-run relationship among these three variables for both China and India, and Granger causality test based on Bootstrap ARDL model indicates a feedback between coal consumption and economic growth, between economic growth and CO 2 emissions and between coal consumption and CO 2 emissions in China. However, we find a one-way Granger causality running from coal consumption to economic growth and the feedback hypothesis is confirmed between economic growth and CO 2 emissions and between coal consumption and CO 2 emissions in India. The coefficients signal that coal consumption is an important factor towards the promotion economic growth in both China and India. For China, higher economic growth reduces CO 2 emissions, while for India, it further increases CO 2 emissions. Our empirical results have important policy implications for the government conducting effective energy polices to promote economic growth in both China and India.https://doi.org/10.1177/0144598717741031 |
| spellingShingle | Feng-Li Lin Roula Inglesi-Lotz Tsangyao Chang Revisit coal consumption, CO emissions and economic growth nexus in China and India using a newly developed bootstrap ARDL bound test Energy Exploration & Exploitation |
| title | Revisit coal consumption, CO emissions and economic growth nexus in China and India using a newly developed bootstrap ARDL bound test |
| title_full | Revisit coal consumption, CO emissions and economic growth nexus in China and India using a newly developed bootstrap ARDL bound test |
| title_fullStr | Revisit coal consumption, CO emissions and economic growth nexus in China and India using a newly developed bootstrap ARDL bound test |
| title_full_unstemmed | Revisit coal consumption, CO emissions and economic growth nexus in China and India using a newly developed bootstrap ARDL bound test |
| title_short | Revisit coal consumption, CO emissions and economic growth nexus in China and India using a newly developed bootstrap ARDL bound test |
| title_sort | revisit coal consumption co emissions and economic growth nexus in china and india using a newly developed bootstrap ardl bound test |
| url | https://doi.org/10.1177/0144598717741031 |
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