ArticleEnvironmental science and pollution research international2021
Estimating the macroeconomic determinants of total, renewable, and non-renewable energy demands in Bangladesh: the role of technological innovations.
Article in Environmental science and pollution research international, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 16 papers.
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Who cites it
16 citing papers in PubMed.
- Review
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- Revisiting the EKC hypothesis by assessing the complementarities between fiscal, monetary, and environmental development policies in China.Environmental science and pollution research international · 2022Article
- Mitigating energy production-based carbon dioxide emissions in Argentina: the roles of renewable energy and economic globalization.Environmental science and pollution research international · 2022Article
- Impact of shadow economy on renewable and nonrenewable energy consumption in Pakistan: evidence from quantile cointegration and causality analysis.Environmental science and pollution research international · 2022Article
- The influence of energy consumption and economic growth on environmental degradation in BRICS countries: an application of the ARDL model and decoupling index.Environmental science and pollution research international · 2022Article
- Revisiting the energy-economy-environment relationships for attaining environmental sustainability: evidence from Belt and Road Initiative countries.Environmental science and pollution research international · 2022Article
- An analysis of the asymmetric effects of natural gas consumption on economic growth in Pakistan: A non-linear autoregressive distributed lag approach.Environmental science and pollution research international · 2022Article
- Reinvigorating the role of clean energy transition for achieving a low-carbon economy: evidence from Bangladesh.Environmental science and pollution research international · 2021Article
- Can nuclear energy fuel an environmentally sustainable economic growth? Revisiting the EKC hypothesis for India.Environmental science and pollution research international · 2021Article
- The nexus between environmental regulations, economic growth, and environmental sustainability: linking environmental patents to ecological footprint reduction in South Asia.Environmental science and pollution research international · 2021Article
- The roles of nuclear energy, renewable energy, and economic growth in the abatement of carbon dioxide emissions in the G7 countries.Environmental science and pollution research international · 2021Article
- Regional integration and environmental sustainability during the COVID-19 pandemic: Evidence from South Asia.International social science journal · 2021Article
- A critical review of the current research mainstreams and the influencing factors of green total factor productivity.Environmental science and pollution research international · 2021Review
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2 authors.
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Abstract
Bangladesh is well on course to become one of the leading emerging market economies in the world. Hence, it can be expected that the economic growth of Bangladesh would substantially increase over the next decade. This, in turn, is likely to boost the energy consumption levels of the nation whereby meeting the surge in the energy demand would be a crucial agenda of the government. Therefore, it is important to understand the factors that influence the nation's energy demand. Against this backdrop, this paper aims to evaluate the macroeconomic determinants of total, renewable, and non-renewable energy demands in Bangladesh between 1980 and 2014. Besides, the analysis is conducted for both primary energy and electricity consumption levels. The econometric methods used in this study controlled for the structural break issues in the data. The key findings, in a nutshell, show that economic growth and household consumption expenditure positively influence the overall primary energy and electricity demands in Bangladesh while income inequality exerts opposite effects. Besides, technological innovations are found to be reducing the total and non-renewable energy demand in Bangladesh while increasing the demand for renewable energy. On the other hand, positive oil price shocks are found to be ineffective in influencing the renewable energy demand but slightly reducing the non-renewable energy demand. Finally, the causality estimates portray the feedback hypothesis in almost all the cases to highlight the inter-relationships between economic growth and energy demand in Bangladesh. Hence, in line with these findings several critically important policy implications are suggested for managing the overall energy demand in Bangladesh.
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