Abstract
The economic growth pattern of India demonstrates that continuous consumption of fossil fuel is increasing the level of CO2 emissions. This issue also highlights the problem of energy efficiency. An error correction model has been formulated to investigate the causal association between fossil fuel consumption, energy efficiency, economic growth, and CO2 emission of India. The study has been conducted for the duration of 1971-2010. Major findings of this study are (a) the pattern of economic growth is resulting in energy efficiency, and (b) this energy efficiency is attained by establishing the missing feedback link in the Environmental Kuznets Curve (EKC).
Original language | English |
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Pages (from-to) | 215-225 |
Number of pages | 11 |
Journal | International Journal of Green Economics |
Volume | 9 |
Issue number | 3-4 |
DOIs | |
Publication status | Published - 2015 |
Externally published | Yes |
Keywords
- CO emission
- Economic growth
- Energy efficiency
- Environmental Kuznets Curve
- India