Exploring the Existence of the N-shaped Environmental Kuznets Curve in Bangladesh: An Autoregressive Distributed Lag Bounds Test Approach
Author (s)
Khaleda Akter, Md. Adnan Al Nahian, & Md. Roni Hossain
Abstract
The study aims to explore the existence of the N-shaped Environmental Kuznets Curve (EKC) in Bangladesh. The policy implications for the inverted U-shaped and the N-shaped EKC are different, therefore, it is important to identify the real shape of the EKC for a country for adopting an appropriate policy for mitigating environmental pollution. Although many studies in the context of Bangladesh have explored the inverted U-shaped EKC, none of the study explores the N-shaped EKC. Against this backdrop, the present study has attempted to explore the N-shaped EKC in Bangladesh by using the Autoregressive Distributed Lag (ARDL) Bounds test approach. The study has found that the actual shape of the EKC in Bangladesh is N-shaped for both the short- and long-run. This implies that although higher economic growth mitigates the environmental pollution, but after a certain level of income, the pollution will rise again with the higher level of income per capita. Therefore, policymakers need to reconsider the existing growth promoting policy and adopt a new policy by considering the possibility of this N-shaped EKC.
Keywords: Environmental Kuznets Curve, N-shaped EKC, environmental pollution, ARDL bounds test, Bangladesh.
| Title: | Exploring the Existence of the N-shaped Environmental Kuznets Curve in Bangladesh: An Autoregressive Distributed Lag Bounds Test Approach |
|---|---|
| Author: | Khaleda Akter, Md. Adnan Al Nahian, & Md. Roni Hossain |
| Journal Name: | International Journal of Science and Business |
| Website: | ijsab.com |
| ISSN: | ISSN 2520-4750 (Online), ISSN 2521-3040 (Print) |
| DOI: | https://doi.org/10.5281/zenodo.4756867 |
| Media: | Online |
| Volume: | 5 |
| Issue: | 5 |
| Acceptance Date: | 08/05/2021 |
| Date of Publication: | 13/05/2021 |
| PDF URL: | https://ijsab.com/wp-content/uploads/734.pdf |
| Free download: | Available |
| Page: | 150-160 |
| First Page: | 150 |
| Last Page: | 160 |
| Paper Type: | Research Paper |
| Current Status: | Published |
Cite This Article:
Khaleda Akter, Md. Adnan Al Nahian, & Md. Roni Hossain (2021). Exploring the Existence of the N-shaped Environmental Kuznets Curve in Bangladesh: An Autoregressive Distributed Lag Bounds Test Approach. International Journal of Science and Business, 5(5), 150-160. doi: https://doi.org/10.5281/zenodo.4756867
Retrieved from https://ijsab.com/wp-content/uploads/734.pdf
About Author (s)
Khaleda Akter (corresponding author), Lecturer, Department of Economics, Pabna University of Science and Technology, Pabna-6600, Bangladesh. Email: khaleda.nur.econju@pust.ac.bd
Md. Adnan Al Nahian, Lecturer, Department of Economics, Jahangirnagar University, Savar, Dhaka-1342, Bangladesh.
Md. Roni Hossain, Lecturer, Department of Economics, Jahangirnagar University, Savar, Dhaka-1342, Bangladesh.
DOI: https://doi.org/10.5281/zenodo.4756867