6 results on '"Raghutla C"'
Search Results
2. Financial development, trade openness and growth in India
- Author
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Raghutla CHANDRASHEKAR, T. SAMPATH, and Krishna Reddy CHITTEDI
- Subjects
financial development ,trade openness ,economic growth ,co-integration ,India ,Business ,HF5001-6182 ,Economic theory. Demography ,HB1-3840 ,Economics as a science ,HB71-74 - Abstract
This paper studies the relationship between the financial development, trade openness and economic growth in India. The Phillips-Perron (PP) test is used to check the order of integration of the variables. We apply both Johansen co-integration and Granger causality methodologies for a long run relationship and the direction of the Causality between the variables. Our findings confirm that there exist the long run relationship among financial development, trade openness, and growth. Results also support the idea that country may experience faster per-capita growth with a growing degree of trade openness through gains in country productivity associated with capital accumulation. Finally, the direction of the causality results followed mixed.
- Published
- 2018
3. Impact of public-private partnerships investment and FDI on CO 2 emissions: A study of six global investment countries.
- Author
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Raghutla C, Malik MN, Hameed A, and Chittedi KR
- Subjects
- Economic Development, Carbon Dioxide analysis, Public-Private Sector Partnerships, Investments
- Abstract
This study investigates the impact of public-private partnerships investment in energy and FDI on environmental quality in global investment countries during 1995-2018. Economic growth, technological innovations and consumption of clean energy are also considered as additional determinants of environmental quality. The study applied advanced panel econometric models. Our empirical results affirm the evidence of a long-run association between environmental quality and its determinants. Specifically, economic growth as well as clean energy use improves quality of environment by lowering carbon emissions. Public-private partnerships investment in energy, FDI and technological innovations decrease carbon emissions. Energy consumption (generated from fossil fuel) increases carbon emissions. Heterogeneous causality evidence indicates the presence of a unidirectional causality relation from carbon emissions to public-private partnerships investment in energy and a feedback causality occurs between consumption of clean energy and CO
2 emissions. This empirical evidence provides new insights for both policymakers and governments to support public-private partnership investments in energy for the improvement of quality of environment in global investment countries., Competing Interests: Declaration of competing interest The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper., (Copyright © 2024 Elsevier Ltd. All rights reserved.)- Published
- 2024
- Full Text
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4. Does renewable energy improve environmental quality? Evidence from RECAI countries.
- Author
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Raghutla C and Kolati Y
- Subjects
- Economic Development, Conservation of Natural Resources, Environment, Renewable Energy, Climate Change
- Abstract
Since 1990, the ecological footprints have been increasing significantly with a continuous increase rate, which led to challenges to environmental quality. The basis for economic growth was said to be the shift of energy and environmental strategies toward a sustainable future. Indeed, it became a matter of proclaimed acceptance that environmental challenges nurtured expansion, innovation, and competitiveness. Climate change is the most pressing issue being faced by the world due to an increase in ecological footprint from 7.0 billion to 20.6 billion GHA. It indicates the seriousness of environmental degradation; therefore, nations need to ensure environmental sustainability. Keeping this in mind, the present research mainly aims to examine the impact of renewable energy utilization on the ecological footprints of RECAI economies, spanning the period from 1990 to 2020. To significantly achieve the research objective, we utilized panel econometric methods for empirical analysis. The results of long-run elasticities indicate that both renewable energy utilization as well as trade openness significantly controls the ecological footprints, while higher conventional energy utilization and economic growth significantly impede environmental sustainability. The empirical findings provide new insights for policymakers on renewable energy for the betterment of environmental quality in RECAI countries., (© 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.)
- Published
- 2023
- Full Text
- View/download PDF
5. Energy poverty and economic development: evidence from BRICS economies.
- Author
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Raghutla C and Chittedi KR
- Subjects
- Electricity, Poverty, Renewable Energy, Carbon Dioxide, Economic Development
- Abstract
In the development concern, all countries are started increasing production of energy across the world. All countries have started expansion of access to electricity across the nation. As a result, their economic growth significantly progress by increasing the share of access to electricity (energy use). Hence, the aim of this research is to examine the impact of access to electricity on economic development across five emerging countries, spanning the period 1990-2018 and by using the panel modelling methodology. The results of long-run elasticities reveal that access to electricity play a considerable role in promoting economic development across five emerging countries. Furthermore, the results on panel causality tests show the presence of unidirectional causality running from economic development to access to electricity in the short run. However, the study also estimates long-run elasticities for individual economies. This individual country empirical result also shows that access to electricity has a substantial positive impact on economic development for each of the countries. Finally, the empirical findings suggest that governments should act effectively in providing access to electricity for higher economic development in these countries., (© 2021. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.)
- Published
- 2022
- Full Text
- View/download PDF
6. The effect of energy resources on economic growth and carbon emissions: A way forward to carbon neutrality in an emerging economy.
- Author
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Hu K, Raghutla C, Chittedi KR, Zhang R, and Koondhar MA
- Subjects
- Carbon Dioxide, Inventions, Renewable Energy, Carbon, Economic Development
- Abstract
Globally, all countries have producing different levels of carbon emissions and also facing both the problems of climate change and global warming due high carbon emissions in the atmosphere. Therefore, it is important to cutting carbon emissions in the atmosphere. This is only possible by switching to cleaner fuels, use of innovation technologies and development of carbon capture storages. These can substantially help the nations to reaching carbon neutrality. Given this background, this paper examines the effect of disaggregated energy consumption, technological innovations, capital on economic output and CO
2 emissions in India for the period of 1990-2018. Based on empirical analysis, our long-run elasticities indicate that disaggregated energy consumption and technological innovations have a positive impact on economic growth, while renewable energy consumption and technological innovations have a positive impact on CO2 emissions. It implies that more use of energy consumption producing significant amount of CO2 emissions and by using renewable energy consumption and technological innovations (i.e. carbon capture storages) can significantly lowering CO2 emissions, which is clearly indicating that India has moving towards carbon neutrality. The causality analysis further indicates a unidirectional causal relationship running from disaggregated energy usage to economic growth and carbon emissions. These empirical findings suggest that the increased consumption of renewable power does not lead to rise carbon emissions, which, in turn, ensures sustainable economic growth., (Copyright © 2021 Elsevier Ltd. All rights reserved.)- Published
- 2021
- Full Text
- View/download PDF
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