Time-varying impact of income and fossil fuel consumption on CO2 emissions in India
Environmental science and pollution research international, cilt.30, sa.58, ss.121960-121982, 2023 (SCI-Expanded, Scopus)
- 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.