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Ritu Rana
Manoj Sharma

Authors and WSEAS

Ritu Rana
Manoj Sharma

WSEAS Transactions on Business and Economics

Print ISSN: 1109-9526
E-ISSN: 2224-2899

Volume 16, 2019

Notice: As of 2014 and for the forthcoming years, the publication frequency/periodicity of WSEAS Journals is adapted to the 'continuously updated' model. What this means is that instead of being separated into issues, new papers will be added on a continuous basis, allowing a more regular flow and shorter publication times. The papers will appear in reverse order, therefore the most recent one will be on top.

Volume 16, 2019

Electricity Generation and Environment: The Causal Linkages Prevailing in India

AUTHORS: Ritu Rana, Manoj Sharma

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ABSTRACT: This paper examines the causal linkages of carbon dioxide (CO2) emissions with energy consumption (EC) and investment patterns {both domestic (DI) and foreign (FDI)} in India along with electricity production from three different and main sources i.e. coal (C), renewable (R) and hydroelectric (H) sources in a phased manner. Results indicate unidirectional causalities from CO2, FDI, C and H to EC indicating that CO2 emissions, foreign investments, coal-fuelled electricity and use of hydroelectric sources for power generation all become the causes for energy consumption in India. Unidirectional causality is also found from FDI to CO2 confirming the existence of Pollution Haven Hypothesis (PHH) in India. The unidirectional causality from C to DI and no causality from/to R to/from any other variable indicate that C is the dominant source for electricity production in domestic investments in India as compared to R and H. Electricity production from H is causing FDI in India as evident from the unidirectional causality found from H to FDI.

KEYWORDS: - CO2 emissions, energy consumption, electricity generation, investments in energy, domestic investments, foreign direct investment, causality testing


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WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 16, 2019, Art. #7, pp. 54-59

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