Work

An Autoregressive Distributed Lag and Environmental Kuznets Curve Approach: Linking CO2 Emissions and Electricity Access in India

Year: 2024

Type: article

Abstract: This study evaluates the impact of foreign direct investment (FDI), per capita GDP, renewable energy consumption, and urbanization on India’s CO2 emissions over the period 1990–2023. In the context of rapid economic growth and urbanization, India faces major challenges related to environmental sustainability. Using the ARDL (Autoregressive Distributed Lag) model and the Environmental Kuznets Curve (EKC), this research analyzes the complex relationships between these factors and CO2 emissions. The results highlight the existence of an N-shaped EKC curve with two inflection points at GDP values. This study highlights the essential role of renewable energy consumption in reducing emissions and improving access to electricity in promoting sustainable development. The findings provide valuable insights into economic and energy policies, highlighting the need to balance economic growth with environmental protection.

Source: Sustainability

DOI: 10.3390/su162411278

Authors: Ionuț Nica, Irina Georgescu, Jani Kinnunen

Institutions: Bucharest University of Economic Studies, Åbo Akademi University

Language: English

Topic: Energy, Environment, Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Climate action, Industry, innovation and infrastructure, Decent work and economic growth, Affordable and clean energy

Open Access status: gold

Estimated APC paid: $2,728