IDEAS home Printed from https://ideas.repec.org/a/sae/revmar/v6y2014i3p269-296.html

CO2 Emission from Fossil Fuel Consumption and Technology Intensity

Author

Listed:
  • Santosh K. Sahu
  • K. Narayanan

Abstract

The contribution of this article lies in computing CO 2 emission at the firm level for the Indian manufacturing sector from 2000 to 2011 and analysing the factors that explain the inter-firm variations in CO 2 emission. The results indicate that there are differences in firm-level emission intensity and they, in turn, are systematically related to identifiable firm-specific characteristics. This study found size, age, energy intensity and technology intensity as the major determinants of CO 2 emission of Indian manufacturing firms. In addition, capital and labour intensity of the firms are also related to the firms’ CO 2 emission intensity. For a sustainable industrial development purpose, the short-run policy implications should be aimed at encouraging firms to invest more in research and development (R&D) and technology imports and in the long run, a firm should be able to adopt cleaner energy to reduce CO 2 emission from the fuel consumption.

Suggested Citation

  • Santosh K. Sahu & K. Narayanan, 2014. "CO2 Emission from Fossil Fuel Consumption and Technology Intensity," Review of Market Integration, India Development Foundation, vol. 6(3), pages 269-296, December.
    • Handle: RePEc:sae:revmar:v:6:y:2014:i:3:p:269-296
    DOI: 10.1177/0974929215582243
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0974929215582243
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0974929215582243?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. Nordhaus, William D, 1991. "To Slow or Not to Slow: The Economics of the Greenhouse Effect," Economic Journal, Royal Economic Society, vol. 101(407), pages 920-937, July.
    2. Sterner, Thomas, 2007. "Fuel taxes: An important instrument for climate policy," Energy Policy, Elsevier, vol. 35(6), pages 3194-3202, June.
    3. Wayne B Gray & Ronald J Shadbegian, 1993. "Environmental Regulation And Manufacturing Productivity At The Plant Level," Working Papers 93-6, Center for Economic Studies, U.S. Census Bureau.
    4. Ian W. H. Parry & Kenneth A. Small, 2005. "Does Britain or the United States Have the Right Gasoline Tax?," American Economic Review, American Economic Association, vol. 95(4), pages 1276-1289, September.
    5. Stern, David I., 2004. "The Rise and Fall of the Environmental Kuznets Curve," World Development, Elsevier, vol. 32(8), pages 1419-1439, August.
    6. Shameek Konar & Mark A. Cohen, 2001. "Does The Market Value Environmental Performance?," The Review of Economics and Statistics, MIT Press, vol. 83(2), pages 281-289, May.
    7. Pearce, David W, 1991. "The Role of Carbon Taxes in Adjusting to Global Warming," Economic Journal, Royal Economic Society, vol. 101(407), pages 938-948, July.
    8. Shiyi Chen & Amelia U. Santos-Paulino, 2010. "Energy Consumption and Carbon Emission-Based Productivity Change and Industrialization in Post-Reform China," WIDER Working Paper Series wp-2010-078, World Institute for Development Economic Research (UNU-WIDER).
    9. Thomas Sterner & U. Martin Persson, 2008. "An Even Sterner Review: Introducing Relative Prices into the Discounting Debate," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 2(1), pages 61-76, Winter.
    10. Fischer, Carolyn & Newell, Richard G., 2008. "Environmental and technology policies for climate mitigation," Journal of Environmental Economics and Management, Elsevier, vol. 55(2), pages 142-162, March.
    11. William R. Cline, 1992. "Economics of Global Warming, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 39, October.
    12. Chen, Shiyi & Santos-Paulino, Amelia U., 2010. "Energy Consumption and Carbon Emission-Based Productivity Change and Industrialization in Post-Reform," WIDER Working Paper Series 078, World Institute for Development Economic Research (UNU-WIDER).
    13. Michael Greenstone, 2001. "The Impacts of Environmental Regulations on Industrial Activity: Evidence from the 1970 & 1977 Clean Air Act Amendments and the Census of Manufactures," NBER Working Papers 8484, National Bureau of Economic Research, Inc.
    14. Santosh Kumar Sahu & K. Narayanan, 2013. "CO 2 emission and firm heterogeneity: a study of metals and metal-based industries in India," International Journal of Energy Technology and Policy, Inderscience Enterprises Ltd, vol. 9(2), pages 110-127.
    15. Sahu, Santosh & Narayanan, K, 2010. "Determinants of Energy Intensity in Indian Manufacturing Industries: A Firm Level Analysis," MPRA Paper 21646, University Library of Munich, Germany.
    16. Faruq Hasan A & Yi David T., 2010. "The Determinants of Technical Efficiency of Manufacturing Firms in Ghana," Global Economy Journal, De Gruyter, vol. 10(3), pages 1-23, October.
    17. Stavins Robert N., 1995. "Transaction Costs and Tradeable Permits," Journal of Environmental Economics and Management, Elsevier, vol. 29(2), pages 133-148, September.
    18. Andrew B. Bernard & J. Bradford Jensen, 2004. "Why Some Firms Export," The Review of Economics and Statistics, MIT Press, vol. 86(2), pages 561-569, May.
    19. Andreas Ziegler & Michael Schröder & Klaus Rennings, 2008. "The Effect of Environmental and Social Performance on the Stock Performance of European Corporations," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(4), pages 609-609, August.
    20. Valentin Zelenyuk & Vitaliy Zheka, 2006. "Corporate Governance and Firm’s Efficiency: The Case of a Transitional Country, Ukraine," Journal of Productivity Analysis, Springer, vol. 25(1), pages 143-157, April.
    21. Atkinson, Scott & Tietenberg, Tom, 1991. "Market failure in incentive-based regulation: The case of emissions trading," Journal of Environmental Economics and Management, Elsevier, vol. 21(1), pages 17-31, July.
    22. repec:aen:journl:1992v13-02-a03 is not listed on IDEAS
    23. Doonan, Julie & Lanoie, Paul & Laplante, Benoit, 2005. "Determinants of environmental performance in the Canadian pulp and paper industry: An assessment from inside the industry," Ecological Economics, Elsevier, vol. 55(1), pages 73-84, October.
    24. Klaus Rennings & Thomas Zwick, 2002. "Employment Impact Of Cleaner Production On The Firm Level: Empirical Evidence From A Survey In Five European Countries," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 6(03), pages 319-342.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Santosh K. Sahu & Deepanjali Mehta, 2018. "Determinants Of Energy And Co2 Emission Intensities: A Study Of Manufacturing Firms In India," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 63(02), pages 389-407, March.
    2. Bishwanath Goldar & Yashobanta Parida & Deepika Sehdev, 2017. "Reduction in Carbon Emissions Intensity and Impact on Export Competitiveness: Evidence from Indian Manufacturing Firms," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 8(02), pages 1-30, June.

    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. Sahu Santosh Kumar & Narayanan K., 2014. "Carbon dioxide emissions from Indian manufacturing industries: role of energy and technology intensity," Review of Business and Economics Studies, CyberLeninka;Федеральное государственное образовательное бюджетное учреждение высшего профессионального образования «Финансовый университет при Правительстве Российской Федерации» (Финансовый университет), issue 1, pages 60-73.
    2. K., Narayanan & Sahu, Santosh Kumar, 2012. "CO2 Emission and Firm Heterogeneity: A Study of Metals & Metal based Industries in India," MPRA Paper 38061, University Library of Munich, Germany.
    3. Roger Fouquet, 2012. "Economics of Energy and Climate Change: Origins, Developments and Growth," Working Papers 2012-08, BC3.
    4. Buchholz Wolfgang & Heindl Peter, 2015. "Ökonomische Herausforderungen des Klimawandels," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(4), pages 324-350, December.
    5. Massimiliano Mazzanti & Roberto Zoboli, 2007. "Environmental Efficiency, Emission Trends and Labour Productivity: Trade-Off or Joint Dynamics? Empirical Evidence Using NAMEA Panel Data," Working Papers 2007.40, Fondazione Eni Enrico Mattei.
    6. Giulio Cainelli & Massimiliano Mazzanti & Roberto Zoboli, 2011. "Environmentally oriented innovative strategies and firm performance in services. Micro-evidence from Italy," International Review of Applied Economics, Taylor & Francis Journals, vol. 25(1), pages 61-85.
    7. Cainelli, Giulio & Mazzanti, Massimiliano & Zoboli, Roberto, 2008. "The Relationship Between Environmental Efficiency and Manufacturing Firm’s Growth," Coalition Theory Network Working Papers 46656, Fondazione Eni Enrico Mattei (FEEM).
    8. Joseph E. Aldy & Alan J. Krupnick & Richard G. Newell & Ian W. H. Parry & William A. Pizer, 2010. "Designing Climate Mitigation Policy," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 903-934, December.
    9. Sahu, Santosh Kumar & Narayanan, K., 2013. "Exports and Participation in Clean Development Mechanism [CDM] in Technology Intensive Industries in India," MPRA Paper 50745, University Library of Munich, Germany.
    10. Santosh Kumar, Sahu & K., Narayanan, 2011. "Energy Intensity and Firm Performance: Do Energy Clusters Matter?," MPRA Paper 43457, University Library of Munich, Germany.
    11. Vitaliy Roud & Thomas Wolfgang Thurner, 2018. "The Influence of State‐Ownership on Eco‐Innovations in Russian Manufacturing Firms," Journal of Industrial Ecology, Yale University, vol. 22(5), pages 1213-1227, October.
    12. João Tovar Jalles, 2024. "Financial Crises and Climate Change," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 66(1), pages 166-190, March.
    13. Wei, Yi-Ming & Mi, Zhi-Fu & Huang, Zhimin, 2015. "Climate policy modeling: An online SCI-E and SSCI based literature review," Omega, Elsevier, vol. 57(PA), pages 70-84.
    14. Simon Dietz & Nicholas Stern, 2014. "Endogenous growth, convexity of damages and climate risk: how Nordhaus� framework supports deep cuts in carbon emissions," GRI Working Papers 159, Grantham Research Institute on Climate Change and the Environment.
    15. Beltrán, Allan & Alatorre, José Eduardo & Ferrer, Jimy & Galindo, Luis Miguel, 2017. "Efectos potenciales de un impuesto al carbono sobre el producto interno bruto en los países de América Latina: estimaciones preliminares e hipotéticas a partir de un metaanálisis y una función de transferencia de beneficios," Documentos de Proyectos 41867, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    16. Paul Ekins, 1995. "Rethinking the costs related to global warming: A survey of the issues," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 6(3), pages 231-277, October.
    17. Lampert, Adam, 2024. "Global non-sustainable harvest of renewable resources reduces their present price but increases their net present value," Resource and Energy Economics, Elsevier, vol. 76(C).
    18. Delin, Huang, 2012. "Policy Implications and Mitigation Potential in China Agricultural Greenhouse Gas Emission," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 124848, International Association of Agricultural Economists.
    19. Wolfgang Buchholz & Jonas Frank & Hans-Dieter Karl & Johannes Pfeiffer & Karen Pittel & Ursula Triebswetter & Jochen Habermann & Wolfgang Mauch & Thomas Staudacher, 2012. "Die Zukunft der Energiemärkte: Ökonomische Analyse und Bewertung von Potenzialen und Handlungsmöglichkeiten," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 57.
    20. Ralph Hippe, 2015. "Why did the knowledge transition occur in the West and not in the East? ICT and the role of governments in Europe, East Asia and the Muslim world," GRI Working Papers 180, Grantham Research Institute on Climate Change and the Environment.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies

    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:sae:revmar:v:6:y:2014:i:3:p:269-296. 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: SAGE Publications (email available below). General contact details of provider: http://www.idfresearch.org .

    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.