IDEAS home Printed from https://ideas.repec.org/a/ayb/jrnerl/95.html
   My bibliography  Save this article

The Effect of Trade Development on Fossil Fuel Consumption in South Asian Countries

Author

Listed:
  • Mohammad Rifat Rahman

    (Department of Banking & Insurance, Faculty of Business Administration, University of Chittagong, Bangladesh)

Abstract

Utilizing the Autoregressive Distributed Lag (ARDL) framework for cointegration, this study performs a comprehensive long and short-run analysis of the connection between trade development and fossil fuel consumption using data from 1980 to 2020. Fossil fuel consumption in Bangladesh and Pakistan is influenced by exports, based on co-integration among the variables. Trade openness is positively significant in Nepal. This is in contrast to Bangladesh, where it is negatively significant. Additionally, the exchange rate employs a positive significance in Bangladesh and India while negative in Nepal. The short-run analysis reveals similar relational dynamics, whereas the exchange rate positively influences Pakistan.

Suggested Citation

  • Mohammad Rifat Rahman, 2024. "The Effect of Trade Development on Fossil Fuel Consumption in South Asian Countries," Energy RESEARCH LETTERS, Asia-Pacific Applied Economics Association, vol. 5(1), pages 1-6.
    • Handle: RePEc:ayb:jrnerl:95
    DOI: 2024/07/10
    as

    Download full text from publisher

    File URL: https://erl.scholasticahq.com/api/v1/articles/84456-the-effect-of-trade-development-on-fossil-fuel-consumption-in-south-asian-countries.pdf
    Download Restriction: no
    File URL: https://libkey.io/2024/07/10?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Muhammad Uzair Ali & Zhimin Gong & Muhammad Ubaid Ali & Xiong Wu & Chen Yao, 2021. "Fossil energy consumption, economic development, inward FDI impact on CO2 emissions in Pakistan: Testing EKC hypothesis through ARDL model," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 3210-3221, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yugang He & Chunlei Wang, 2022. "Does Buddhist Tourism Successfully Result in Local Sustainable Development?," Sustainability, MDPI, vol. 14(6), pages 1-15, March.
    2. Jie, Yu & Rasool, Zeeshan & Nassani, Abdelmohsen A. & Mattayaphutron, Suchira & Murad, Muhammad, 2024. "Sustainable Central Asia: Impact of fintech, natural resources, renewable energy, and financial inclusion to combat environmental degradation and achieving sustainable development goals," Resources Policy, Elsevier, vol. 95(C).
    3. Wilman-Santiago Ochoa-Moreno & Byron Alejandro Quito & Carlos Andrés Moreno-Hurtado, 2021. "Foreign Direct Investment and Environmental Quality: Revisiting the EKC in Latin American Countries," Sustainability, MDPI, vol. 13(22), pages 1-18, November.
    4. Yasir Khan & Hana Oubaih & Taimoor Hassan, 2024. "Assessing the Role of Energy Depletion and Energy Import with Carbon Dioxide Emissions in Belt and Road Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 7852-7872, June.
    5. Giyoh G. Nginyu & Dobdinga C. Fonchamnyo & Boniface N. Epo & Simplice A. Asongu, 2023. "The effects of institutional quality and biocapacity on inclusive human development in Sub-Saharan Africa," Working Papers 23/044, European Xtramile Centre of African Studies (EXCAS).
    6. Daiva Makutėnienė & Algirdas Justinas Staugaitis & Bernardas Vaznonis & Gunta Grīnberga-Zālīte, 2023. "The Relationship between Energy Consumption and Economic Growth in the Baltic Countries’ Agriculture: A Non-Linear Framework," Energies, MDPI, vol. 16(5), pages 1-22, February.
    7. Stephen Taiwo Onifade & Bright Akwasi Gyamfi & Andrew Adewale Alola & Ilham Haouas, 2024. "Assessing the drivers of (non)conventional energy portfolios in the South Asian economies: The role of technological innovation and human development," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(3), pages 1762-1773, June.
    8. Saken Ualikhanovich Abdibekov & Yelena Evgenevna Gridneva & Gulnar Shaimardanovna Kaliakparova & Nazigul Amankeldikyzy Amankeldi & Gulmira Amangeldiyevna Perneyeva & Bauyrzhan Susaruly Kulbay & Kundyz, 2024. "The Relationship between Energy Consumption, Agricultural and Industrial Production, and Economic Growth: ARDL Border Value Approach in the Case of Kazakhstan," International Journal of Energy Economics and Policy, Econjournals, vol. 14(3), pages 79-86, May.
    9. Shaojian Qu & Haoran Ma, 2023. "The impact of carbon policy on carbon emissions in various industrial sectors based on a hybrid approach," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(12), pages 14437-14451, December.
    10. Daiva Makutėnienė & Algirdas Justinas Staugaitis & Valdemaras Makutėnas & Dalia Juočiūnienė & Yuriy Bilan, 2022. "An Empirical Investigation into Greenhouse Gas Emissions and Agricultural Economic Performance in Baltic Countries: A Non-Linear Framework," Agriculture, MDPI, vol. 12(9), pages 1-22, August.
    11. Tan, Ruipeng & Xu, Mengmeng & Qiao, Gang & Wu, Huaqing, 2023. "FDI, financial market development and nonlinearities of energy and environmental efficiency in China: Evidence from both parametric and nonparametric models," Energy Economics, Elsevier, vol. 119(C).
    12. Fuzuli Aliyev & Neman Eylasov & Nijat Gasim & AyÅŸe Nur Åžahinler, 2024. "Impact of Nuclear Energy Consumption on CO2 Emissions in South Korea: Evidence from Fourier Bootstrap ARDL Bound Test," Journal of Sustainable Development Issues (JOSDI), SDIjournals, vol. 2(1), pages 51-66, June.
    13. Chen, Xia & Rahaman, Md Atikur & Murshed, Muntasir & Mahmood, Haider & Hossain, Md Afzal, 2023. "Causality analysis of the impacts of petroleum use, economic growth, and technological innovation on carbon emissions in Bangladesh," Energy, Elsevier, vol. 267(C).
    14. Ching-Chi Hsu, 2024. "Impact of energy resources on sustainable economic development: Evidence from the Chinese economy," Energy & Environment, , vol. 35(6), pages 2865-2887, September.
    15. Hong, Hui & Zhang, Cheng, 2023. "Bitcoin trading, economic growth, energy use, and CO2 emissions: An advanced panel study of emerging market economies," International Review of Economics & Finance, Elsevier, vol. 87(C), pages 519-531.
    16. Syed Abdul Rehman Khan & Ridwan Lanre Ibrahim & Abul Quasem Al-Amin & Zhang Yu, 2022. "An Ideology of Sustainability under Technological Revolution: Striving towards Sustainable Development," Sustainability, MDPI, vol. 14(8), pages 1-21, April.
    17. Abdul Hayy Haziq Mohamad & Muhamad Rias K. V. Zainuddin & Rossazana Ab-Rahim, 2023. "Does Renewable Energy Transition in the USA and China Overcome Environmental Degradation?," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 234-243, November.
    18. Muhammad Uzair Ali & Ying Wang, 2024. "Does the Participation Degree in Global Value Chains Influence Carbon Emission Transfer Through International Trade in Belt and Road Countries?," Foreign Trade Review, , vol. 59(3), pages 369-388, August.
    19. Qiang Wang & Ting Yang & Rongrong Li & Xiaowei Wang, 2023. "Reexamining the impact of foreign direct investment on carbon emissions: does per capita GDP matter?," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-18, December.
    20. Qian Zhao & Chi-Wei Su, 2023. "The Nexus Between Air Pollution and Outward Foreign Direct Investment," SAGE Open, , vol. 13(1), pages 21582440221, January.

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ayb:jrnerl:95. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Asia-Pacific Applied Economics Association (email available below). General contact details of provider: https://edirc.repec.org/data/apaeaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.