CO2 emissions, industrial output, and economic growth nexus: Evidence from Nepalese economy

Q3 Social Sciences Environmental Economics Pub Date : 2023-07-13 DOI:10.21511/ee.14(2).2023.01
Arjun Kumar Dahal, G. Bhattarai, Prem Bahadur Budhathoki
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Abstract

This study aims to investigate the relationship between Nepal’s industrial sector output, economic expansion, and CO2 emissions. The analysis uses secondary data from various World Bank reports and covers the period from 1990 to 2022. It is founded on an exploratory and analytical research design. The relationship and effect of Nepal’s GDP and manufacturing output on CO2 emissions are investigated using various statistical and econometric tools, including descriptive statistics, Pearson correlation analysis, unit root testing, Granger causality test, Johansen co-integration test, and autoregressive regression model. The results show that the production of the industrial sector and CO2 emissions are highly positively correlated, as is GDP. The GDP granger causes CO2 emissions, but manufacturing output does not. Johansen’s co-integration test shows a long-term relationship between predictor and response variables. The previous value of CO2 emission is also responsible for the present level of carbon emissions: a one percent increase in GDP leads to a 0.314 percent increase in CO2 emissions in Nepal. The impact of industrial sector output is statistically insignificant. The condition of GDP and CO2 emissions shows the initial phase of the environmental Kuznets curve (EKC). The study recommends adopting an environment-friendly production technique to overcome the problem of carbon emissions in Nepal.
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二氧化碳排放、工业产出与经济增长关系:来自尼泊尔经济的证据
本研究旨在调查尼泊尔工业部门产出、经济扩张和二氧化碳排放之间的关系。该分析使用了世界银行各种报告中的二次数据,涵盖了1990年至2022年期间。它建立在探索性和分析性的研究设计之上。使用各种统计和计量工具,包括描述性统计、Pearson相关分析、单位根检验、Granger因果关系检验、Johansen协整检验和自回归模型,研究了尼泊尔GDP和制造业产出对二氧化碳排放的关系和影响。结果表明,工业部门的生产与二氧化碳排放量高度正相关,GDP也是如此。GDP granger导致二氧化碳排放,但制造业产出不会。Johansen的协整检验显示了预测变量和反应变量之间的长期关系。以前的二氧化碳排放值也是目前碳排放水平的原因:GDP增长1%导致尼泊尔二氧化碳排放量增长0.314%。工业部门产出的影响在统计上是微不足道的。GDP和CO2排放情况显示了环境库兹涅茨曲线(EKC)的初始阶段。该研究建议采用环保生产技术来解决尼泊尔的碳排放问题。
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来源期刊
Environmental Economics
Environmental Economics Social Sciences-Public Administration
CiteScore
3.60
自引率
0.00%
发文量
9
审稿时长
12 weeks
期刊最新文献
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