Analyzing India's coal, natural gas, and biomass energy consumption: Evidence from a novel Fourier ARDL technique to promote sustainable development ARDL

IF 3.5 4区社会学 Q2 ENVIRONMENTAL SCIENCES

Natural Resources Forum Pub Date : 2024-02-29 DOI:10.1111/1477-8947.12423

Babatunde Sunday Eweade, Foday Joof, Tomiwa Sunday Adebayo

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引用次数: 0

Abstract

Inalignment with the United Nations Sustainable Development Goals (UN-SDGs),which pinpoint vital aspects such as SDG-7 and SDG-8, this study delves intothe impact of biomass energy on economic growth in the Indian context. It alsoconsiders the roles of fossil fuels, specifically natural gas and coal. Toaccomplish this, a comprehensive analysis is initiated, making use of annualdata spanning from 1975 to 2022. A unique Fourier ARDL test serves as a centralanalytical tool alongside the Fourier Toda Yamamoto test. The empirical resultsunveil the presence of co-integration among the variables scrutinized. Moreover,it becomes evident that coal and biomass make positive contributions toeconomic growth, whereas natural gas appears to exert a negative influence oneconomic growth. To validate these findings, a Fourier-based Toda-Yamamoto testis applied, demonstrating that natural gas, coal, and biomass possesspredictive capabilities concerning economic growth. These discoveries carrysubstantial implications for comprehending the factors influencing economicgrowth in India.

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分析印度的煤炭、天然气和生物质能源消费：促进可持续发展的新型傅立叶 ARDL 技术的证据 ARDL

联合国可持续发展目标（UN-SDGs）指出了 SDG-7 和 SDG-8 等重要方面，为与这些目标保持一致，本研究深入探讨了印度生物质能源对经济增长的影响。研究还考虑了化石燃料，特别是天然气和煤炭的作用。为了实现这一目标，我们利用 1975 年至 2022 年的年度数据进行了全面分析。独特的傅立叶 ARDL 检验与傅立叶户田山本检验一起作为核心分析工具。实证结果表明，所研究的变量之间存在协整关系。此外，煤炭和生物质显然对经济增长做出了积极贡献，而天然气似乎对经济增长产生了负面影响。为了验证这些发现，应用了基于傅立叶的 Toda-Yamamoto 检验，证明天然气、煤炭和生物质具有预测经济增长的能力。这些发现对理解影响印度经济增长的因素具有重大意义。

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来源期刊

Natural Resources Forum 环境科学-环境科学

CiteScore

6.10

自引率

0.00%

发文量

审稿时长

>36 weeks

期刊介绍： Natural Resources Forum, a United Nations Sustainable Development Journal, focuses on international, multidisciplinary issues related to sustainable development, with an emphasis on developing countries. The journal seeks to address gaps in current knowledge and stimulate policy discussions on the most critical issues associated with the sustainable development agenda, by promoting research that integrates the social, economic, and environmental dimensions of sustainable development. Contributions that inform the global policy debate through pragmatic lessons learned from experience at the local, national, and global levels are encouraged. The Journal considers articles written on all topics relevant to sustainable development. In addition, it dedicates series, issues and special sections to specific themes that are relevant to the current discussions of the United Nations Commission on Sustainable Development (CSD). Articles must be based on original research and must be relevant to policy-making. Criteria for selection of submitted articles include: 1) Relevance and importance of the topic discussed to sustainable development in general, both in terms of policy impacts and gaps in current knowledge being addressed by the article; 2) Treatment of the topic that incorporates social, economic and environmental aspects of sustainable development, rather than focusing purely on sectoral and/or technical aspects; 3) Articles must contain original applied material drawn from concrete projects, policy implementation, or literature reviews; purely theoretical papers are not entertained.