Is energy-led economic growth causing climatic shift? A causal analysis for India

Avik Sinha; Joysankar Bhattacharya

doi:10.1504/IJGE.2014.065849

Is energy-led economic growth causing climatic shift? A causal analysis for India

Avik Sinha^*, Joysankar Bhattacharya

^*Corresponding author for this work

Indian Institute of Management Indore

Research output: Contribution to journal › Article › peer-review

6 Citations (Scopus)

Abstract

This paper examines the proposition that the climatic shift has been responsible for creating adverse effects on economic growth, and the authors have analysed this situation for India. They consider the number of oceanic storms in the Indian Ocean and the annual mean temperature of India for the 1971-2010 periods. Using vector error correction and causality analysis, they have tried to identify the impact of India's fossil fuel-based energy consumption on climatic shift, and have found significant unidirectional and bidirectional causal associations between parameters of climatic shift and drivers of economic growth. The links identified in this paper largely address the missing feedback link issue in the environmental Kuznets curve hypothesis.

Original language	English
Pages (from-to)	120-133
Number of pages	14
Journal	International Journal of Green Economics
Volume	8
Issue number	2
DOIs	https://doi.org/10.1504/IJGE.2014.065849
Publication status	Published - 1 Jan 2014
Externally published	Yes

Keywords

Climatic shift
El Niňo
Energy
Environmental Kuznets curve
Error correction
Fossil fuel consumption
India
Oceanic storm
Surface temperature

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1504/IJGE.2014.065849

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abstract = "This paper examines the proposition that the climatic shift has been responsible for creating adverse effects on economic growth, and the authors have analysed this situation for India. They consider the number of oceanic storms in the Indian Ocean and the annual mean temperature of India for the 1971-2010 periods. Using vector error correction and causality analysis, they have tried to identify the impact of India's fossil fuel-based energy consumption on climatic shift, and have found significant unidirectional and bidirectional causal associations between parameters of climatic shift and drivers of economic growth. The links identified in this paper largely address the missing feedback link issue in the environmental Kuznets curve hypothesis.",

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AU - Bhattacharya, Joysankar

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N2 - This paper examines the proposition that the climatic shift has been responsible for creating adverse effects on economic growth, and the authors have analysed this situation for India. They consider the number of oceanic storms in the Indian Ocean and the annual mean temperature of India for the 1971-2010 periods. Using vector error correction and causality analysis, they have tried to identify the impact of India's fossil fuel-based energy consumption on climatic shift, and have found significant unidirectional and bidirectional causal associations between parameters of climatic shift and drivers of economic growth. The links identified in this paper largely address the missing feedback link issue in the environmental Kuznets curve hypothesis.

AB - This paper examines the proposition that the climatic shift has been responsible for creating adverse effects on economic growth, and the authors have analysed this situation for India. They consider the number of oceanic storms in the Indian Ocean and the annual mean temperature of India for the 1971-2010 periods. Using vector error correction and causality analysis, they have tried to identify the impact of India's fossil fuel-based energy consumption on climatic shift, and have found significant unidirectional and bidirectional causal associations between parameters of climatic shift and drivers of economic growth. The links identified in this paper largely address the missing feedback link issue in the environmental Kuznets curve hypothesis.

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KW - Error correction

KW - Fossil fuel consumption

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KW - Oceanic storm

KW - Surface temperature

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Is energy-led economic growth causing climatic shift? A causal analysis for India

Abstract

Keywords

UN SDGs

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