TY - JOUR
T1 - Atmospheric consequences of trade and human development
T2 - A case of BRIC countries
AU - Sinha, Avik
AU - Sen, Sudipta
N1 - Publisher Copyright:
© 2016 Turkish National Committee for Air Pollution Research and Control
PY - 2016/11/1
Y1 - 2016/11/1
N2 - This paper looks into the causal association between economic growth, CO2 emission, trade volume, and human development indicator for Brazil, Russia, India, and China (BRIC countries) during 1980–2013. Following a generalized method of moments (GMM) technique, we have found out that bidirectional causality exists between CO2 emissions and economic growth. Feedback hypothesis is supported between CO2 emissions and human development, trade volume and human development, economic growth, and human development, and CO2 emissions and trade volume. Apart from finding out the unidirectional association from trade volume to economic growth, this study also validated the existence of Environmental Kuznets curve. Empirical findings of the study substantiate that the policymakers of the BRIC nations must focus on the green energy initiatives, either by in-house development or by technology transfer. This movement will allow them to control the ambient air pollution prevalent in these nations.
AB - This paper looks into the causal association between economic growth, CO2 emission, trade volume, and human development indicator for Brazil, Russia, India, and China (BRIC countries) during 1980–2013. Following a generalized method of moments (GMM) technique, we have found out that bidirectional causality exists between CO2 emissions and economic growth. Feedback hypothesis is supported between CO2 emissions and human development, trade volume and human development, economic growth, and human development, and CO2 emissions and trade volume. Apart from finding out the unidirectional association from trade volume to economic growth, this study also validated the existence of Environmental Kuznets curve. Empirical findings of the study substantiate that the policymakers of the BRIC nations must focus on the green energy initiatives, either by in-house development or by technology transfer. This movement will allow them to control the ambient air pollution prevalent in these nations.
KW - BRIC
KW - CO
KW - Economic growth
KW - GMM
KW - Human development indicator
KW - Trade
UR - http://www.scopus.com/inward/record.url?scp=84994477633&partnerID=8YFLogxK
U2 - 10.1016/j.apr.2016.06.003
DO - 10.1016/j.apr.2016.06.003
M3 - Article
AN - SCOPUS:84994477633
SN - 1309-1042
VL - 7
SP - 980
EP - 989
JO - Atmospheric Pollution Research
JF - Atmospheric Pollution Research
IS - 6
ER -
