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Is energy-led economic growth causing climatic shift? A causal analysis for India

Author

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  • Avik Sinha
  • Joysankar Bhattacharya

Abstract

This paper examines the proposition that the climatic shift has been responsible for creating adverse effects on economic growth, and the authors have analysed this situation for India. They consider the number of oceanic storms in the Indian Ocean and the annual mean temperature of India for the 1971-2010 periods. Using vector error correction and causality analysis, they have tried to identify the impact of India's fossil fuel-based energy consumption on climatic shift, and have found significant unidirectional and bidirectional causal associations between parameters of climatic shift and drivers of economic growth. The links identified in this paper largely address the missing feedback link issue in the environmental Kuznets curve hypothesis.

Suggested Citation

  • Avik Sinha & Joysankar Bhattacharya, 2014. "Is energy-led economic growth causing climatic shift? A causal analysis for India," International Journal of Green Economics, Inderscience Enterprises Ltd, vol. 8(2), pages 120-133.
    • Handle: RePEc:ids:ijgrec:v:8:y:2014:i:2:p:120-133
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    Citations

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    Cited by:

    1. Sinha, Avik, 2015. "Quadrilateral Causal Analysis of Economic Growth in India," MPRA Paper 100353, University Library of Munich, Germany, revised 2015.
    2. Sinha, Avik & Shahbaz, Muhammad, 2018. "Estimation of Environmental Kuznets Curve for CO2 emission: Role of renewable energy generation in India," Renewable Energy, Elsevier, vol. 119(C), pages 703-711.
    3. Amine Lahiani & Sinha Avik & Muhammad Shahbaz, 2018. "Renewable energy consumption, income, CO2 emissions and oil prices in G7 countries: The importance of asymmetries," Post-Print hal-03677233, HAL.
    4. Sinha, Avik, 2017. "Examination of oil import-exchange nexus for India after currency crisis," MPRA Paper 100359, University Library of Munich, Germany, revised 2017.
    5. Sinha, Avik & Bhattacharya, Joysankar, 2017. "Estimation of environmental Kuznets curve for SO2 emission: A case of Indian cities," MPRA Paper 100009, University Library of Munich, Germany.

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