Time-varying impact of income and fossil fuel consumption on CO2 emissions in India
Küçük Resim Yok
Tarih
2023
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Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This paper investigates the time-varying effects of fossil fuel consumption on CO2 emissions in India utilizing the time-varying cointegration test, allowing for multivariate long-run time-varying cointegration parameter developed by Bierens and Martins (2010) and the time-varying vector autoregressive (TVP-VAR) model developed by Primiceri (2005). The long-run time-varying coefficients reveal that GDP has a positive and increasing impact on CO2 emissions over time. Moreover, results confirm the polluting effects of all fossil fuels. Besides, the TVP-VAR model findings also demonstrate that changes in income and fossil fuel consumption have a positive and significant impact on environmental degradation. Coal is found to be the most polluting fuel, followed by oil consumption. Furthermore, the time-varying responses show that increased natural gas consumption has the least influence when compared to other fossil fuels on CO2 emissions. © 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.
Açıklama
Anahtar Kelimeler
Carbon emissions, Fossil fuel consumption, India, Time-varying cointegration, TVP-VAR model, carbon dioxide, coal, fossil fuel, natural gas, economic development, India, renewable energy, Carbon Dioxide, Coal, Economic Development, Fossil Fuels, India, Natural Gas, Renewable Energy
Kaynak
Environmental science and pollution research international
WoS Q Değeri
Scopus Q Değeri
Q1
Cilt
30
Sayı
58
