International Journal of Multidisciplinary Research and Development

International Journal of Multidisciplinary Research and Development


International Journal of Multidisciplinary Research and Development
International Journal of Multidisciplinary Research and Development
Vol. 8, Issue 4 (2021)

CO2 emanation, energy consumption and economic growth in Sri Lanka: with reference to environmental kuznets curve


CLK Nawarathna, AIS Perera

This study investigates the environmental Kuznets curve (EKC) in Sri Lanka from 1965 to 2019. For this purpose, the impact of GDP per capita, Co2 emission per capita, renewable and non-renewable energy consumption per capita is empirically examined within the EKC framework. The study employed the Autoregressive Distribution Lagged (ARDL) bound test to investigate the study variables' long-run relationship. The study results show that carbon emissions, income, and energy consumption of non-renewable and renewable are cointegrated in the long run. The analyses do not support the EKC hypothesis in Sri Lanka and found an "N" shape curve. Therefore, depending on the analyses' results, policies for reducing environmental degradation, raising awareness, and enacting environmental regulations must be explored.
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How to cite this article:
CLK Nawarathna, AIS Perera. CO2 emanation, energy consumption and economic growth in Sri Lanka: with reference to environmental kuznets curve. International Journal of Multidisciplinary Research and Development, Volume 8, Issue 4, 2021, Pages 44-50
International Journal of Multidisciplinary Research and Development International Journal of Multidisciplinary Research and Development