Long-run Impact of Globalization, Agriculture, Industrialization and Electricity Consumption on the Environmental Quality of Bangladesh

Authors

  • Afia Fahmida Daizy East West University
  • Mobasshir Anjum Bangladesh Bank(Central Bank of Bangladesh)
  • Md. Raied Arman BRAC Institute of Governance and Development (BIGD), BRAC University
  • Tanzina Nazia Comilla University
  • Nadir Shah Bangladesh Government

Abstract

This study strives to assess the long-run dynamic relationship between carbon emission, and phenomena such as globalization, industrialization, electricity consumption, and agriculture for Bangladesh by utilizing annual Time series data for 1971-2014. To this end, ARDL co-integration approach is utilized in this study to investigate the particularly targeted dynamics. The findings reveal strong positive long-run relation between carbon emission, and globalization, and electricity consumption while exhibiting weak relation between emission, and industrialization. For agriculture, no significant long-run relation could be found. The current economic status of the country is liable for the relation dynamics. Improvement from the existing physical, and governance infrastructure of the country holds the key to mitigating the emission problem generating as a by-product of growth, and globalization in general.Keywords: Climate change; Economic growth; Carbon emission; Energy consumption; Co-integration; Environmental economics.JEL Classifications: C32, F64, Q56DOI: https://doi.org/10.32479/ijeep.11817

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Author Biographies

Afia Fahmida Daizy, East West University

Lecturer, Department of Economics

Mobasshir Anjum, Bangladesh Bank(Central Bank of Bangladesh)

Assistant Director (Research), Bangladesh Bank 

Md. Raied Arman, BRAC Institute of Governance and Development (BIGD), BRAC University

Senior Research Associate, BRAC Institute of Governance and Development (BIGD)

Tanzina Nazia, Comilla University

Lecturer, Department of Anthropology

Nadir Shah, Bangladesh Government

Assistant Secretary, Bangladesh Government

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Published

2021-11-03

How to Cite

Daizy, A. F., Anjum, M., Arman, M. R., Nazia, T., & Shah, N. (2021). Long-run Impact of Globalization, Agriculture, Industrialization and Electricity Consumption on the Environmental Quality of Bangladesh. International Journal of Energy Economics and Policy, 11(6), 438–453. Retrieved from https://econjournals.com./index.php/ijeep/article/view/11817

Issue

Vol. 11 No. 6 (2021)

Section

Articles

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