Please use this identifier to cite or link to this item: https://scholar.ptuk.edu.ps/handle/123456789/340
Title: Energy, Trade, Urbanization and Environmental Degradation Nexus in Sri Lanka: Bounds Testing Approach
Authors: Gasimli, Oruj
Ul Haq, Ihtisham
Naradda Gamage, Sisira Kumara
Shihadeh, Fadi
Kumara Rajapakshe, Prasanna Sisira
Shafiq, Muhammad
Keywords: energy
environmental degradation
trade
urbanization
Issue Date: 30-Apr-2019
Publisher: MDPI
Citation: Gasimli, O.; Haq, I.; Gamage, S.K.N.; Shihadeh, F.; Rajapakshe, P.S.K.; Shafiq, M. Energy, Trade, Urbanization and Environmental Degradation Nexus in Sri Lanka: Bounds Testing Approach. Energies 2019, 12, 1655.
Series/Report no.: Energy and Environment;
Abstract: This study examines the nexus between energy, trade, urbanization and environmental degradation in Sri Lanka. The time series data has been checked for unit root problem along with unknown structural break. The bounds testing approach confirms the long-term relationship among carbon emissions, energy consumption, income, trade openness, and urbanization in the presence of structural break. The results of the study do not confirm the presence of the EKC (Environmental Kuznets Curve) hypothesis in Sri Lanka. This study finds that energy consumption leads to carbon emissions in both the long term and the short term. Trade openness is degrading environmental quality, as trade is responsible for the accumulation of carbon emissions in the atmosphere. The results of the study confirm that urbanization has been found to have significant and negative effect on carbon emissions. The study finds that the model is in equilibrium and the model will return to equilibrium from any external shock in less than two years. Policy measures are recommended for sustainable environment of the island.
URI: https://doi.org/10.3390/en12091655
https://scholar.ptuk.edu.ps/handle/123456789/340
Appears in Collections:Business and Economics Faculty

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