IS ECONOMIC GROWTH AND INDUSTRIAL GROWTH THE REASON FOR ENVIRONMENTAL DEGRADATION IN SAARC COUNTRIES

<p>In the last four decades, the developing countries have built a heavy industrial base which is seen as a threat to the environment. The trade liberalization policies of the SAARC counties led them to increase the production for domestic use and exports. This increase in industrial output i...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Atif Khan Jadoon, Sania Akhtar, Ambreen Sarwar, Syeda Azra Batool, Sarvjeet Kaur Chatrath, Saima Liaqat
Formato:	article
Lenguaje:	EN
Publicado:	EconJournals 2021
Materias:	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
Acceso en línea:	https://doaj.org/article/f09681cba3cb4058ba87113a8506fb13
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:f09681cba3cb4058ba87113a8506fb13
record_format	dspace
spelling	oai:doaj.org-article:f09681cba3cb4058ba87113a8506fb132021-11-12T07:27:32ZIS ECONOMIC GROWTH AND INDUSTRIAL GROWTH THE REASON FOR ENVIRONMENTAL DEGRADATION IN SAARC COUNTRIES2146-4553https://doaj.org/article/f09681cba3cb4058ba87113a8506fb132021-11-01T00:00:00Zhttps://econjournals.com/index.php/ijeep/article/view/11769https://doaj.org/toc/2146-4553<p>In the last four decades, the developing countries have built a heavy industrial base which is seen as a threat to the environment. The trade liberalization policies of the SAARC counties led them to increase the production for domestic use and exports. This increase in industrial output is a real threat to environmental degradation as the industrial share is quite significant in the GDP of the SAARC countries. The present study is designed to check the existence of the Environmental Kuznets Curve (EKC) hypothesis and then use industry output as a regressor to see how it is affecting the environment. The panel regression models are used for estimation by taking data from 1980 to 2018. The results are obtained by using Newey-West standard robust errors. The results suggested that there exists a U-shape relationship between economic growth and Carbon Dioxide (CO<sub>2</sub>) while an inverted U-shape relationship is found between industrial growth and CO<sub>2</sub>. Furthermore, a unidirectional causality was observed between industrial growth, human capital, energy consumption, and CO<sub>2</sub> while bidirectional causality was observed between urbanization and CO<sub>2</sub>. The present study suggests that there is a need to adopt environmental protection policies related to the industrial sector in the SAARC region.</p><p><strong>Keywords: </strong>Economic Growth, Idustrial Growth, Environmental Degradation</p><p><strong>JEL Classifications: </strong>Q43, Q54, R11</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11769">https://doi.org/10.32479/ijeep.11769</a></p>Atif Khan JadoonSania AkhtarAmbreen SarwarSyeda Azra BatoolSarvjeet Kaur ChatrathSaima LiaqatEconJournalsarticleEnvironmental sciencesGE1-350Energy industries. Energy policy. Fuel tradeHD9502-9502.5ENInternational Journal of Energy Economics and Policy, Vol 11, Iss 6, Pp 418-426 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
spellingShingle	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 Atif Khan Jadoon Sania Akhtar Ambreen Sarwar Syeda Azra Batool Sarvjeet Kaur Chatrath Saima Liaqat IS ECONOMIC GROWTH AND INDUSTRIAL GROWTH THE REASON FOR ENVIRONMENTAL DEGRADATION IN SAARC COUNTRIES
description	<p>In the last four decades, the developing countries have built a heavy industrial base which is seen as a threat to the environment. The trade liberalization policies of the SAARC counties led them to increase the production for domestic use and exports. This increase in industrial output is a real threat to environmental degradation as the industrial share is quite significant in the GDP of the SAARC countries. The present study is designed to check the existence of the Environmental Kuznets Curve (EKC) hypothesis and then use industry output as a regressor to see how it is affecting the environment. The panel regression models are used for estimation by taking data from 1980 to 2018. The results are obtained by using Newey-West standard robust errors. The results suggested that there exists a U-shape relationship between economic growth and Carbon Dioxide (CO<sub>2</sub>) while an inverted U-shape relationship is found between industrial growth and CO<sub>2</sub>. Furthermore, a unidirectional causality was observed between industrial growth, human capital, energy consumption, and CO<sub>2</sub> while bidirectional causality was observed between urbanization and CO<sub>2</sub>. The present study suggests that there is a need to adopt environmental protection policies related to the industrial sector in the SAARC region.</p><p><strong>Keywords: </strong>Economic Growth, Idustrial Growth, Environmental Degradation</p><p><strong>JEL Classifications: </strong>Q43, Q54, R11</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11769">https://doi.org/10.32479/ijeep.11769</a></p>
format	article
author	Atif Khan Jadoon Sania Akhtar Ambreen Sarwar Syeda Azra Batool Sarvjeet Kaur Chatrath Saima Liaqat
author_facet	Atif Khan Jadoon Sania Akhtar Ambreen Sarwar Syeda Azra Batool Sarvjeet Kaur Chatrath Saima Liaqat
author_sort	Atif Khan Jadoon
title	IS ECONOMIC GROWTH AND INDUSTRIAL GROWTH THE REASON FOR ENVIRONMENTAL DEGRADATION IN SAARC COUNTRIES
title_short	IS ECONOMIC GROWTH AND INDUSTRIAL GROWTH THE REASON FOR ENVIRONMENTAL DEGRADATION IN SAARC COUNTRIES
title_full	IS ECONOMIC GROWTH AND INDUSTRIAL GROWTH THE REASON FOR ENVIRONMENTAL DEGRADATION IN SAARC COUNTRIES
title_fullStr	IS ECONOMIC GROWTH AND INDUSTRIAL GROWTH THE REASON FOR ENVIRONMENTAL DEGRADATION IN SAARC COUNTRIES
title_full_unstemmed	IS ECONOMIC GROWTH AND INDUSTRIAL GROWTH THE REASON FOR ENVIRONMENTAL DEGRADATION IN SAARC COUNTRIES
title_sort	is economic growth and industrial growth the reason for environmental degradation in saarc countries
publisher	EconJournals
publishDate	2021
url	https://doaj.org/article/f09681cba3cb4058ba87113a8506fb13
work_keys_str_mv	AT atifkhanjadoon iseconomicgrowthandindustrialgrowththereasonforenvironmentaldegradationinsaarccountries AT saniaakhtar iseconomicgrowthandindustrialgrowththereasonforenvironmentaldegradationinsaarccountries AT ambreensarwar iseconomicgrowthandindustrialgrowththereasonforenvironmentaldegradationinsaarccountries AT syedaazrabatool iseconomicgrowthandindustrialgrowththereasonforenvironmentaldegradationinsaarccountries AT sarvjeetkaurchatrath iseconomicgrowthandindustrialgrowththereasonforenvironmentaldegradationinsaarccountries AT saimaliaqat iseconomicgrowthandindustrialgrowththereasonforenvironmentaldegradationinsaarccountries
_version_	1718431144685338624

IS ECONOMIC GROWTH AND INDUSTRIAL GROWTH THE REASON FOR ENVIRONMENTAL DEGRADATION IN SAARC COUNTRIES

Ejemplares similares