Pollution, Energy Consumption and Economic Growth: evidence from India, China and Brazil
Abstract
This paper examines the relationships between the energy consumption, GDP growth and emission, using Panel Smooth Transition Regression (PSTR) model for BRIC countries over the period 1960 –2006. Our results reveal that environmental quality in these countries has increasingly suffered from high energy consumption. Moreover, rapid economic growth and international trade in energy intensive goods have progressively increased energy consumption. This suggests that excessively high economic growth is a curse for environmental quality and energy conservation policies to reduce unnecessary wastage of energy should be kicked off for energy-dependent BRIC countries.Downloads
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