Do Better Institutional Arrangements Lead to Environmental Sustainability: Evidence from India
Linked Agent
Uddin, Mohammed Ahmar , Author
Hawaldar, Iqbal Thonse, Author
Alam, Md Shabbir, Author
Joshi, D. P. Priyadarshi , Author
Jena, Pabitra Kumar , Author
Title of Periodical
Sustainability
Issue published
Sustainability 2023, 15, 2237.
Country of Publication
Switzerland
Place Published
Basel
Publisher
MDPI
Date Issued
2023
Language
English
Subject
Subject (Geographic)
English Abstract
Abstract: The efficient planning, execution, and management of institutional frameworks for climate
change adaptation are essential to sustainable development. India, in particular, is known to be
disproportionately vulnerable to the consequences of climate change. This study examines the
effects of environmental taxes, corruption, urbanization, economic growth, ecological risks, and
renewable energy sources on CO2 emissions in India from 1978 to 2018. Therefore, the ARDL model
is used to draw inferences, and Pairwise Granger causality is also applied to demonstrate a causeand-effect relationship. The empirical results show that corruption, environmental dangers, GDP,
and urbanization positively influence India’s carbon emissions. However, the results of short-run
elasticities show that carbon emissions reduce ecological sustainability. Environmental hazards
and costs, like other countries, impact India’s carbon emissions. Therefore, decision-makers in
India should set up strict environmental regulations and anti-corruption measures to combat unfair
practice that distorts competition laws and policies. In addition, the government concentrates more
on energy efficiency policies that diminish carbon emissions without hampering economic growth in
the country.
Member of
Identifier
https://digitalrepository.uob.edu.bh/id/2ca84d67-2e41-465d-bc31-ffad44fc5523
Same Subject