Can Energy Efficiency Promote Human Development in a Developing Economy?

被引:3
作者
Gangopadhyay, Partha [1 ]
Das, Narasingha [2 ]
机构
[1] Western Sydney Univ, Sch Business, Locked Bag 1797, Penrith, NSW 1797, Australia
[2] Indian Inst Technol, Rekhi Ctr Excellence Sci Happiness, Kharagpur 721302, W Bengal, India
基金
英国科研创新办公室;
关键词
energy efficiency; human development; novel dynamic ARDL simulations; frequency domain causality; ELECTRICITY CONSUMPTION; RENEWABLE ENERGY; ERROR-CORRECTION; CO2; ABATEMENT; GROWTH; CAUSALITY; COINTEGRATION; EMISSIONS; OUTPUT; POVERTY;
D O I
10.3390/su142114634
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
It has recently been underscored that access to energy has adverse impacts upon human development in South Asia. In this paper, we apply different variants of the autoregressive distributed lag (ARDL) model to explain how improved access to energy might adversely impact human development in India over 1980-2018. From the basic ARDL model, a 1% increase (decrease) in energy efficiency will increase (lower) human development by 6.1% in the long run. We note that the causality runs from energy efficiency to human development. The application of the novel dynamic ARDL simulations offers two insights; first, it confirms the importance of energy efficiency for driving human development. Secondly, it shows asymmetric effects: we find that a 10% increase in energy efficiency boosts human development from 7% to 12% in the long run, while a 10% decrease in energy efficiency lowers human development from 7% to 3%. Using the frequency domain causality analysis, we establish that energy efficiency drives human development in India. We also explore the symmetric and asymmetric impacts of several control variables on human development in India. Our findings establish that energy efficiency will not only help India reduce its environmental footprint but also propel human development.
引用
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页数:20
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