Do energy consumption, economic growth, and financial progress influence carbon dioxide emission? A fresh evidence from Bangladesh

被引：0

作者：

Golder U. ^{[1
]}

机构：

[1] Department of Finance and Banking, Jashore University of Science and Technology, Jashore

来源：

International Journal of Energy Technology and Policy | 2021年 / 17卷 / 06期

关键词：

Bangladesh; CO[!sub]2[!/sub] emission; Economic growth; Energy consumption; Financial progress;

D O I：

10.1504/IJETP.2021.121204

中图分类号：

学科分类号：

摘要：

The rapid industrialisation of developing countries in the world is causing environmental pollution in many areas. As a part of the international obligation, this study explores whether growing energy use, economic growth, and financial progress influence Bangladesh's environmental degradation. This experiment focuses on the autoregressive distributed lag (ARDL) approach with the existence of structural break, which was identified in 1990 for carbon dioxide (CO2) and used annual data covering 1974-2014 in Bangladesh. The empirical outcomes prove that, in the long run, with the existence of structural break, the burning of energy, economic expansion, and financial progress intensifies the degradation of the atmosphere by emitting CO2 into the environment. This study recommends that policymakers should seek new financial innovations for the country's green economic development to be sustainable. Moreover, the adoption of non-renewable energy is recommended to decrease, and at the same time, it is suggested to adopt renewable energy efficiently to achieve real economic advancement in Bangladesh. Copyright © 2021 Inderscience Enterprises Ltd.

引用

页码：574 / 589

页数：15

共 57 条

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