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Revisiting the growth-carbon dioxide emissions nexus in Pakistan.
- Source :
-
Environmental science and pollution research international [Environ Sci Pollut Res Int] 2018 Dec; Vol. 25 (35), pp. 35637-35645. Date of Electronic Publication: 2018 Oct 23. - Publication Year :
- 2018
-
Abstract
- Pakistan is the most polluted country according to the concentration of air pollution criterion and it has experienced a significant rise in economic growth during the recent years. This paper analyzes the nexus of CO <subscript>2</subscript> emissions and economic growth using quarterly data over the period of 1960Q1-2014Q4. To provide conclusive policy recommendations, this study applied different econometric methodologies such as the quantile causality approach, the linear ARDL (autoregressive distribution lag) model and the quantile ARDL (QARDL) model. The results indicate evidence of causality running from economic growth to CO <subscript>2</subscript> emissions at medium quantiles at the 5% level and at low and medium quantiles at the 10% significance level. Findings of linear and nonlinear ARDL models also support the transmission of growth to CO <subscript>2</subscript> emissions in the long and short run. The Wald test for symmetry sustains the nonlinear ARDL model. Useful policy implications can be learned from the empirical findings.
Details
- Language :
- English
- ISSN :
- 1614-7499
- Volume :
- 25
- Issue :
- 35
- Database :
- MEDLINE
- Journal :
- Environmental science and pollution research international
- Publication Type :
- Academic Journal
- Accession number :
- 30353438
- Full Text :
- https://doi.org/10.1007/s11356-018-3524-7