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Economic Growth, CO2 Emissions and Energy Consumption: The Case of Bangladesh

Received: 12 November 2014     Accepted: 26 November 2014     Published: 16 December 2014
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Abstract

Issues on climate change have been recognized as serious challenges for regional sustainable development both at a global and local level. Given the background that most of the artificial carbon emissions are resulted from the energy consumption sector and the energy is also the key element resource for economic development, this study examines economic growth, CO2 emissions and energy consumption relationship in Bangladesh by using cointegration test. For this purpose 1972-2011 periods taken and annual data of Gross Domestic Product (Y), Carbon Dioxide Emissions (CO) and Energy Consumption (EC) are used. The obtain results from this paper indicated that energy consumption has a positive and significant impact on economic growth while carbon emission has a negative and insignificant effect, ensuring that economic growth in Bangladesh can be achieved without degrading the quality of the environment.

Published in International Journal of Business and Economics Research (Volume 3, Issue 6)
DOI 10.11648/j.ijber.20140306.13
Page(s) 220-227
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2014. Published by Science Publishing Group

Keywords

Economic Growth, CO2 Emissions, Energy Consumption, Bangladesh, Cointegration Test

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Cite This Article
  • APA Style

    Bikash Chandra Ghosh, Khandakar Jahangir Alam, Md. Ataul Gani Osmani. (2014). Economic Growth, CO2 Emissions and Energy Consumption: The Case of Bangladesh. International Journal of Business and Economics Research, 3(6), 220-227. https://doi.org/10.11648/j.ijber.20140306.13

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    ACS Style

    Bikash Chandra Ghosh; Khandakar Jahangir Alam; Md. Ataul Gani Osmani. Economic Growth, CO2 Emissions and Energy Consumption: The Case of Bangladesh. Int. J. Bus. Econ. Res. 2014, 3(6), 220-227. doi: 10.11648/j.ijber.20140306.13

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    AMA Style

    Bikash Chandra Ghosh, Khandakar Jahangir Alam, Md. Ataul Gani Osmani. Economic Growth, CO2 Emissions and Energy Consumption: The Case of Bangladesh. Int J Bus Econ Res. 2014;3(6):220-227. doi: 10.11648/j.ijber.20140306.13

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  • @article{10.11648/j.ijber.20140306.13,
      author = {Bikash Chandra Ghosh and Khandakar Jahangir Alam and Md. Ataul Gani Osmani},
      title = {Economic Growth, CO2 Emissions and Energy Consumption: The Case of Bangladesh},
      journal = {International Journal of Business and Economics Research},
      volume = {3},
      number = {6},
      pages = {220-227},
      doi = {10.11648/j.ijber.20140306.13},
      url = {https://doi.org/10.11648/j.ijber.20140306.13},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20140306.13},
      abstract = {Issues on climate change have been recognized as serious challenges for regional sustainable development both at a global and local level. Given the background that most of the artificial carbon emissions are resulted from the energy consumption sector and the energy is also the key element resource for economic development, this study examines economic growth, CO2 emissions and energy consumption relationship in Bangladesh by using cointegration test. For this purpose 1972-2011 periods taken and annual data of Gross Domestic Product (Y), Carbon Dioxide Emissions (CO) and Energy Consumption (EC) are used. The obtain results from this paper indicated that energy consumption has a positive and significant impact on economic growth while carbon emission has a negative and insignificant effect, ensuring that economic growth in Bangladesh can be achieved without degrading the quality of the environment.},
     year = {2014}
    }
    

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  • TY  - JOUR
    T1  - Economic Growth, CO2 Emissions and Energy Consumption: The Case of Bangladesh
    AU  - Bikash Chandra Ghosh
    AU  - Khandakar Jahangir Alam
    AU  - Md. Ataul Gani Osmani
    Y1  - 2014/12/16
    PY  - 2014
    N1  - https://doi.org/10.11648/j.ijber.20140306.13
    DO  - 10.11648/j.ijber.20140306.13
    T2  - International Journal of Business and Economics Research
    JF  - International Journal of Business and Economics Research
    JO  - International Journal of Business and Economics Research
    SP  - 220
    EP  - 227
    PB  - Science Publishing Group
    SN  - 2328-756X
    UR  - https://doi.org/10.11648/j.ijber.20140306.13
    AB  - Issues on climate change have been recognized as serious challenges for regional sustainable development both at a global and local level. Given the background that most of the artificial carbon emissions are resulted from the energy consumption sector and the energy is also the key element resource for economic development, this study examines economic growth, CO2 emissions and energy consumption relationship in Bangladesh by using cointegration test. For this purpose 1972-2011 periods taken and annual data of Gross Domestic Product (Y), Carbon Dioxide Emissions (CO) and Energy Consumption (EC) are used. The obtain results from this paper indicated that energy consumption has a positive and significant impact on economic growth while carbon emission has a negative and insignificant effect, ensuring that economic growth in Bangladesh can be achieved without degrading the quality of the environment.
    VL  - 3
    IS  - 6
    ER  - 

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Author Information
  • Department of Economics, Pabna University of Science & Technology, Pabna-6600, Bangladesh

  • Department of Economics, Begum Rokeya University, Rangpur, Bangladesh

  • Department of Economics, University of Rajshahi, Rajshahi-6205, Bangladesh

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