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“Effect of Economic Growth on the Environment in Bangladeshâ€

Author

Listed:
  • Md Kamrul Islam

    (Economics, Indepenedent University Bangladesh)

  • Khawaja Saifur Rahman

    (Economics, Indepenedent University Bangladesh)

  • Saiyara Fairooz

    (Economics, Indepenedent University Bangladesh)

Abstract

The objective of the study is a practical investigation of the Environmental Kuznets Curve (EKC) hypothesis in the case of Bangladesh. Data used is from 1986 to 2014. Data has been collected from the official world bank databank website. The autoregressive distributed lag (ARDL) approach will be used for the short-run analysis and a vector error correction model (VECM),a bounds test for cointegration will be used to find the long-run relationships. We will be examining the dynamics between economic growth, foreign direct investment, and energy consumption with carbon dioxide emissions in Bangladesh. We find that income has a very modest negative effect on the environment and pollution in the long run. Energy consumption is discovered to be a bigger contributor to carbon dioxide emissions in the country, especially in the short run. In the case of FDI inflow, the relationship is found to be negative with environmental degradation, but in the long ,haul the value does gravitate towards a positive link, however negligible.

Suggested Citation

  • Md Kamrul Islam & Khawaja Saifur Rahman & Saiyara Fairooz, 2023. "“Effect of Economic Growth on the Environment in Bangladeshâ€," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(4), pages 830-845, April.
  • Handle: RePEc:bcp:journl:v:7:y:2023:i:4:p:830-845
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    References listed on IDEAS

    as
    1. Md Danesh Miah & Md Farhad Hossain Masum & Masao Koike & Shalina Akther & Nur Muhammed, 2011. "Environmental Kuznets Curve: the case of Bangladesh for waste emission and suspended particulate matter," Environment Systems and Decisions, Springer, vol. 31(1), pages 59-66, March.
    2. Angelsen, Arild & Kaimowitz, David, 1999. "Rethinking the Causes of Deforestation: Lessons from Economic Models," The World Bank Research Observer, World Bank, vol. 14(1), pages 73-98, February.
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