Investigating the Impact of Economic Development, Energy Consumption, International Trade and Population on CO2 Emission of a Country: Evidence from an Emerging Economy
This paper investigates the consequences of economic development, along with energy consumption, international trade, and population growth, on the CO2 emissions of Bangladesh as a participant in an emerging economy, covering periods from 1972 to 2021. The unit root properties of the variables have...
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| Format: | Article |
| Language: | English |
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EconJournals
2023-11-01
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| Series: | International Journal of Energy Economics and Policy |
| Subjects: | |
| Online Access: | https://econjournals.com/index.php/ijeep/article/view/14937 |
| _version_ | 1797631145628663808 |
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| author | Raad Mozib Lalon Tasneema Khan Shagufta Shaheen Minhaz Ul-Haq |
| author_facet | Raad Mozib Lalon Tasneema Khan Shagufta Shaheen Minhaz Ul-Haq |
| author_sort | Raad Mozib Lalon |
| collection | DOAJ |
| description |
This paper investigates the consequences of economic development, along with energy consumption, international trade, and population growth, on the CO2 emissions of Bangladesh as a participant in an emerging economy, covering periods from 1972 to 2021. The unit root properties of the variables have been tested using the Augmented Dickey-Fuller (ADF) approach to examine the presence of stationary of data series. To check for co-integration in the data series of variables included in the models, we used the ARDL (Autoregressive Distributive Lag) bounds testing approach. In addition, the VECM (Vector Error Correction Model) Granger Causality approach has been used to examine the casual relationship between the selected variables representing the proxy for determinants of CO2 emission in Bangladesh. Our investigation confirms the co-integration between the data series, followed by the significant impact of these variables on CO2 emissions of Bangladesh. More precisely, GDP being the proxy of economic development, energy consumption, merchandise trade as a proxy for international trade, and population growths have had a significant positive impact on the CO2 emissions of Bangladesh since its inception.
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| first_indexed | 2024-03-11T11:17:39Z |
| format | Article |
| id | doaj.art-9b72d9c509e242f5b36669659edb58c3 |
| institution | Directory Open Access Journal |
| issn | 2146-4553 |
| language | English |
| last_indexed | 2024-03-11T11:17:39Z |
| publishDate | 2023-11-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj.art-9b72d9c509e242f5b36669659edb58c32023-11-10T18:08:29ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532023-11-0113610.32479/ijeep.14937Investigating the Impact of Economic Development, Energy Consumption, International Trade and Population on CO2 Emission of a Country: Evidence from an Emerging EconomyRaad Mozib Lalon0Tasneema Khan1Shagufta Shaheen2Minhaz Ul-Haq3University of Dhaka, BangladeshUniversity of Dhaka, BangladeshUniversity of Dhaka, BangladeshUniversity of Dhaka, Bangladesh This paper investigates the consequences of economic development, along with energy consumption, international trade, and population growth, on the CO2 emissions of Bangladesh as a participant in an emerging economy, covering periods from 1972 to 2021. The unit root properties of the variables have been tested using the Augmented Dickey-Fuller (ADF) approach to examine the presence of stationary of data series. To check for co-integration in the data series of variables included in the models, we used the ARDL (Autoregressive Distributive Lag) bounds testing approach. In addition, the VECM (Vector Error Correction Model) Granger Causality approach has been used to examine the casual relationship between the selected variables representing the proxy for determinants of CO2 emission in Bangladesh. Our investigation confirms the co-integration between the data series, followed by the significant impact of these variables on CO2 emissions of Bangladesh. More precisely, GDP being the proxy of economic development, energy consumption, merchandise trade as a proxy for international trade, and population growths have had a significant positive impact on the CO2 emissions of Bangladesh since its inception. https://econjournals.com/index.php/ijeep/article/view/14937AARDL, Economic Growth, Energy Consumption, Financial Development, SDGs |
| spellingShingle | Raad Mozib Lalon Tasneema Khan Shagufta Shaheen Minhaz Ul-Haq Investigating the Impact of Economic Development, Energy Consumption, International Trade and Population on CO2 Emission of a Country: Evidence from an Emerging Economy International Journal of Energy Economics and Policy AARDL, Economic Growth, Energy Consumption, Financial Development, SDGs |
| title | Investigating the Impact of Economic Development, Energy Consumption, International Trade and Population on CO2 Emission of a Country: Evidence from an Emerging Economy |
| title_full | Investigating the Impact of Economic Development, Energy Consumption, International Trade and Population on CO2 Emission of a Country: Evidence from an Emerging Economy |
| title_fullStr | Investigating the Impact of Economic Development, Energy Consumption, International Trade and Population on CO2 Emission of a Country: Evidence from an Emerging Economy |
| title_full_unstemmed | Investigating the Impact of Economic Development, Energy Consumption, International Trade and Population on CO2 Emission of a Country: Evidence from an Emerging Economy |
| title_short | Investigating the Impact of Economic Development, Energy Consumption, International Trade and Population on CO2 Emission of a Country: Evidence from an Emerging Economy |
| title_sort | investigating the impact of economic development energy consumption international trade and population on co2 emission of a country evidence from an emerging economy |
| topic | AARDL, Economic Growth, Energy Consumption, Financial Development, SDGs |
| url | https://econjournals.com/index.php/ijeep/article/view/14937 |
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