Time-varying impact of income and fossil fuel consumption on CO2 emissions in India

Ugur M. S., Çatık A. N., SİGEZE Ç., BALLI E.

Environmental science and pollution research international, cilt.30, sa.58, ss.121960-121982, 2023 (SCI-Expanded, Scopus) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 30 Sayı: 58
  • Basım Tarihi: 2023
  • Doi Numarası: 10.1007/s11356-023-30806-z
  • Dergi Adı: Environmental science and pollution research international
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus, IBZ Online, ABI/INFORM, Aerospace Database, Agricultural & Environmental Science Database, Aqualine, Aquatic Science & Fisheries Abstracts (ASFA), BIOSIS, CAB Abstracts, EMBASE, Environment Index, Geobase, MEDLINE, Pollution Abstracts, Veterinary Science Database, Civil Engineering Abstracts
  • Sayfa Sayıları: ss.121960-121982
  • Anahtar Kelimeler: Carbon emissions, Fossil fuel consumption, India, Time-varying cointegration, TVP-VAR model
  • Erzincan Binali Yıldırım Üniversitesi Adresli: Evet

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.