NEXUS BETWEEN ENERGY CONSUMPTION AND ENVIRONMENTAL DEGRADATION (CO2 EMISSIONS) IN INDIAGOPAL JI SINGH1Abstract This paper has tried to analyse dynamic relationship among variables, i.e. CO2, EC and GDP by using data for the period 1991 to 2015.ARDL bound testing approach to co integration developed by Pesaran, Shin and Smith (2001) is used to find out co integration among variables. Findings of this paper show existence of co integration among variables. Economic growth (GDP) has positive impact on CO2 emissions in long run whereas energy consumption has positive effect on CO2 emissions in long run but negative effect in short run. |