Economic growth in South Asia: the role of CO2 emissions, population density and trade openness

Rahman, Mohammad Mafizur and Saidi, Kais and Mbarek, Mounir Ben (2020) Economic growth in South Asia: the role of CO2 emissions, population density and trade openness. Heliyon, 6 (5):e03903. pp. 1-9.

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Abstract

This study investigates the impact of CO2 emissions, population density, and trade openness on the economic growth of five South Asian countries. Using data from 1990 to 2017 the panel co-integration approach of extended neoclassical growth model is used. The obtained results reveal that CO2 emissions and population density positively and trade openness negatively affect the economic growth in South Asia. The extent of effect of population density is greater than that of CO2 emissions. Granger causality results exhibit a bidirectional causality between economic growth and CO2 emissions, and between trade openness and CO2 emissions. There is a unidirectional causality running from trade openness to economic growth, from population density to CO2 emissions and from labor to economic growth and population density. A detailed policy prescription is provided based on the findings.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc- nd/4.0/).
Faculty/School / Institute/Centre: Current - Faculty of Business, Education, Law and Arts - School of Commerce (1 July 2013 -)
Faculty/School / Institute/Centre: Current - Faculty of Business, Education, Law and Arts - School of Commerce (1 July 2013 -)
Date Deposited: 18 May 2020 06:54
Last Modified: 03 Jun 2020 05:24
Uncontrolled Keywords: CO2 emissions; population density; trade openness; economic growth; South Asia; panel data; environmental economics; environmental hazard; environmental pollution; international economics; economic development; econometrics; economics
Fields of Research : 14 Economics > 1402 Applied Economics > 140205 Environment and Resource Economics
14 Economics > 1402 Applied Economics > 140202 Economic Development and Growth
14 Economics > 1402 Applied Economics > 140210 International Economics and International Finance
14 Economics > 1403 Econometrics > 140304 Panel Data Analysis
05 Environmental Sciences > 0502 Environmental Science and Management > 050299 Environmental Science and Management not elsewhere classified
Socio-Economic Objective: D Environment > 96 Environment > 9601 Air Quality > 960199 Air Quality not elsewhere classified
B Economic Development > 91 Economic Framework > 9103 International Trade > 910399 International Trade not elsewhere classified
B Economic Development > 91 Economic Framework > 9101 Macroeconomics > 910103 Economic Growth
Identification Number or DOI: 10.1016/j.heliyon.2020.e03903
URI: http://eprints.usq.edu.au/id/eprint/38653

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