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

被引:0
|
作者
Mehmet Sedat Ugur
Abdurrahman Nazif Çatık
Ciler Sigeze
Esra Balli
机构
[1] Cankiri Karatekin University,Department of Economics
[2] Ege University,Department of Economics
[3] Cukurova University,Department of Econometrics
[4] Erzincan Binali Yildirim University,Department of Economics
关键词
Fossil fuel consumption; Carbon emissions; India; Time-varying cointegration; TVP-VAR model;
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学科分类号
摘要
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.
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页码:121960 / 121982
页数:22
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