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

Heliyon

Kais Saidi¹  Mounir Ben Mbarek²  Mohammad Mafizur Rahman³ 

[1] Corresponding author.;Department of Economics, Faculty of Economics and Management, University of Sfax, Tunisia;School of Commerce, University of Southern Queensland, Australia;

关键词: CO2 emissions;    Population density;    Trade openness;    Economic growth;    South Asia;    Panel data;   

DOI  :  

来源: DOAJ

【 摘 要 】

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.

【 授权许可】

Unknown