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Long-run Impact of Globalization, Agriculture, Industrialization and Electricity Consumption on the Environmental Quality of Bangladesh

Author

Listed:
  • Afia Fahmida Daizy

    (Faculty of Economics, East West University, A/2 Jahurul Islam Avenue, Jahurul Islam City, Aftabnagar, Dhaka-1212, Bangladesh,)

  • Mobasshir Anjum

    (Assistant Director, Bangladesh Bank (Central Bank of Bangladesh), Motijheel C/A, Dhaka-1000, Bangladesh)

  • Md. Raied Arman

    (Senior Research Associate, BRAC Institute of Governance and Development, Mohakhali, Dhaka-1212, Bangladesh,)

  • Tanzina Nazia

    (Faculty of Social Science, Comilla University, Koatbari, Cumilla-3506, Bangladesh)

  • Nadir Shah

    (Assistant Secretary, Ministry of Home Affairs, Bangladesh Secretariat, Abdul Gani Road, Dhaka-1000, Bangladesh.)

Abstract

This study strives to assess the long-run dynamic relationship between carbon emission, and phenomena such as globalization, industrialization, electricity consumption, and agriculture for Bangladesh by utilizing annual Time series data for 1971-2014. To this end, ARDL co-integration approach is utilized in this study to investigate the particularly targeted dynamics. The findings reveal strong positive long-run relation between carbon emission, and globalization, and electricity consumption while exhibiting weak relation between emission, and industrialization. For agriculture, no significant long-run relation could be found. The current economic status of the country is liable for the relation dynamics. Improvement from the existing physical, and governance infrastructure of the country holds the key to mitigating the emission problem generating as a by-product of growth, and globalization in general.

Suggested Citation

  • Afia Fahmida Daizy & Mobasshir Anjum & Md. Raied Arman & Tanzina Nazia & Nadir Shah, 2021. "Long-run Impact of Globalization, Agriculture, Industrialization and Electricity Consumption on the Environmental Quality of Bangladesh," International Journal of Energy Economics and Policy, Econjournals, vol. 11(6), pages 438-453.
    • Handle: RePEc:eco:journ2:2021-06-51
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    More about this item

    Keywords

    Climate change; Economic growth; Carbon emission; Energy consumption; Co-integration; Environmental economics.;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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