Skip to main content

Advertisement

Log in

Nexus Between Urbanization, Industrialization, Natural Resources Rent, and Anthropogenic Carbon Emissions in South Asia: CS-ARDL Approach

Anthropocene Science Aims and scope Submit manuscript

Abstract

Rapid population growth and economic expansion affect environmental sustainability by raising emissions from increased urbanization, industrialization, and energy consumption in South Asia. Therefore, the current research aims to scrutinize the dynamic impacts of urbanization, industrialization, and energy consumption on carbon dioxide (CO2) emissions in five South Asian countries (Bangladesh, Pakistan, India, Nepal, and Sri Lanka) under the umbrella of the famous stochastic regression for impact for technology, population, and asset on environmental condition (STIRPAT) model. This research employed the second-generation unit root and cointegration tests by applying the data from 1972 to 2021 to investigate the existence of slope heterogeneity (SH) and cross-sectional dependence (CSD) problem. After checking CSD, SH, unit root, and cointegration tests, the research utilized cross-sectional autoregressive distributive lag (CS-ARDL) as a baseline model and augmented mean group (AMG), mean group (MG), and common correlated effects mean group (CCEMG) as a robustness check. The evidence shows that the economic boom, urbanization, and industrialization increase CO2 emissions. CO2 emissions in South Asian nations have been reduced due to population growth, natural resources rent, and electrification. All estimators point to urbanization’s negative effects, being far more severe than any other environmental impact. Conversely, natural resource rent prevents environmental degradation more effectively than electricity. Therefore, it is recommended that South Asian economies adopt consistent, sustainable economic policies to reap the benefits of industrialization, urbanization, and increased electricity use. The findings are generally consistent with the policy implications.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Fig. 1

Data Availability

The data can be available on request.

Abbreviations

ADB:

Asian Development Bank

AMG:

Augmented mean group

CCEMG:

Common correlated effects mean group

CO2 :

Carbon dioxide

CS-ARDL:

Cross-sectional autoregressive distributed lag

CSD:

Cross-sectional dependence

GDP:

Gross domestic product

GHG:

Greenhouse gas

OLS:

Ordinary least squares

REC:

Renewable energy consumption

SH:

Slope homogeneity

SA:

South Asia

References

Download references

Funding

The research did not receive any funding from any organization.

Author information

Authors and Affiliations

Authors

Contributions

LCV: methodology, writing, software, and supervision; MBM: data collection, writing, and editing; AR: writing, editing, reviewing, and methodology.

Corresponding author

Correspondence to Liton Chandra Voumik.

Ethics declarations

Conflict of Interest

All the authors associated with this work declare that there is no conflict of interest.

Ethical Approval

Not applicable.

Consent to Participate

Not applicable.

Consent to Publication

Not applicable.

Rights and permissions

Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law.

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Voumik, L.C., Mimi, M.B. & Raihan, A. Nexus Between Urbanization, Industrialization, Natural Resources Rent, and Anthropogenic Carbon Emissions in South Asia: CS-ARDL Approach. Anthr. Sci. 2, 48–61 (2023). https://doi.org/10.1007/s44177-023-00047-3

Download citation

  • Received:

  • Revised:

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s44177-023-00047-3

Keywords

Navigation