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International trade, foreign direct investment, economic growth and CO2 emissions: a study of India

International trade, foreign direct investment, economic growth and CO2 emissions: a study of India This paper examines the relationship of CO2 emissions with economic growth (EG); foreign direct investment (FDI); and international trade indicators, i.e., imports and exports; in Indian context. Johansen cointegration methodology is used to examine the existence of long-run relationship between variables. Results indicate the existence of an inverted U-shaped curve in India, i.e., the EKC hypothesis and of the N-shaped curve too, as far as the CO2-EG relationship is concerned. Results also indicate that FDI is one of the determinants of CO2 emissions in India. Imports have negative effects on CO2 emissions, while exports contribute to CO2 emissions in India. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Interdisciplinary Environmental Review Inderscience Publishers

International trade, foreign direct investment, economic growth and CO2 emissions: a study of India

Interdisciplinary Environmental Review , Volume 20 (1): 10 – Jan 1, 2019

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd
ISSN
1521-0227
eISSN
2042-6992
DOI
10.1504/IER.2019.098349
Publisher site
See Article on Publisher Site

Abstract

This paper examines the relationship of CO2 emissions with economic growth (EG); foreign direct investment (FDI); and international trade indicators, i.e., imports and exports; in Indian context. Johansen cointegration methodology is used to examine the existence of long-run relationship between variables. Results indicate the existence of an inverted U-shaped curve in India, i.e., the EKC hypothesis and of the N-shaped curve too, as far as the CO2-EG relationship is concerned. Results also indicate that FDI is one of the determinants of CO2 emissions in India. Imports have negative effects on CO2 emissions, while exports contribute to CO2 emissions in India.

Journal

Interdisciplinary Environmental ReviewInderscience Publishers

Published: Jan 1, 2019

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