Araştırma Makalesi

The effect of economic growth, energy, financial development, trade, capital formation and urbanization on CO₂ emission: Evidence from Bangladesh

Cilt: 2 Sayı: 1 25 Haziran 2026
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The effect of economic growth, energy, financial development, trade, capital formation and urbanization on CO₂ emission: Evidence from Bangladesh

Öz

Environmental degradation and resulting climate change is the foremost concern to the environmental scientists around the globe since it poses numerous threats to eco-system, human lives and sustainable development. Therefore, it is crucial to study the relationship between macroeconomic, financial and social factors for designing environmental policies and regulations of emerging economies. This study examines the potential impact of economic growth, energy consumption, financial development, trade openness, capital formation and urbanization on 〖CO〗_(2 ) emission of Bangladesh. To meet the objective of this research, it analyzes a data set ranging from 1974 to 2023 by employing a number of econometric techniques such as, Autoregressive Distributed Lag (ARDL) method to cointegration test, VECM based causality test and innovation accounting techniques. Stationary test is conducted by applying ADF and PP tests whereas ARDL bound testing approach and Johansen cointegration test confirm the long run cointegration among the predicted variables. The findings of ARDL techniques confirm that economic growth, energy consumption, financial development, capital formation and urbanization are responsible for environmental degradation in both short run and long run in Bangladesh. Moreover, VECM documents the bidirectional relationship between economic growth and 〖CO〗_(2 ) emission, energy consumption and 〖CO〗_(2 ) emission as well as financial development and trade openness. Considering all of the findings, this study suggests some policy measures to encounter emission reduction target of Bangladesh.

Anahtar Kelimeler

Destekleyen Kurum

University of Chittagong

Proje Numarası

Not Applicable (Only Secondary Data Used)

Etik Beyan

Because of the requirement of Different Journal/ research body, our university is considering to form Ethics Committee. Moreover, our Paper is based on purely secondary Data. No biological data is used. So we think that Certificate from ethic committee is required.

Teşekkür

Thanks a lot.

Kaynakça

  1. Abdullah, A. A. B. H. (2023). Urban population and CO$_2$ emission on GDP per capita: ASEAN countries. Journal of Business and Economic Analysis, 6 (1), 79–107. https://doi.org/10.1142/ S273756682350007X
  2. Abbasi, F., and Riaz, K. (2016). CO$_2$ emissions and financial development in an emerging economy: An augmented VAR approach. Energy Policy, 90, 102–114. http://dx.doi.org/10.1016/j.enpol.2015.12.017
  3. Adebayo, T. S., and Kalmaz, D. B. (2021). Determinants of CO 2 emissions: empirical evidence from Egypt. Environmental and Ecological Statistics, 28, 239–262. doi: 10.1007/s10651-020-00482-0
  4. Adedoyin, F. F., Gumede, M. I., Bekun, F. V., Etokakpan, M. U., and Balsalobre-lorente, D. (2020). Modelling coal rent, economic growth and CO$_2$ emissions: Does regulatory quality matter in BRICS economies? Science of The Total Environment, 710, 136284. http://dx.doi.org/10.1016/j.scitotenv.2019.136284
  5. Afridi, M. A., Kehelwalatenna, S., Naseem, I., and Tahir, M. (2019). Per capita income, trade openness, urbanization, energy consumption, and CO$_2$ emissions: an empirical study on the SAARC region. Environmental Science and Pollution Research, 26, 29978–29990. https://doi. org/10.1007/s11356-019-06154-2
  6. Akar, G., Kaplan, E. A., Güler, I., and Şahin, S. (2025). Has the Environmental Kuznets Curve hypothesis become stronger? A comparative analysis for OECD countries and selected late-industrializing Asian economies. Journal of Environmental Management, 394, 127575. https://doi.org/10.1016/j.jenvman.2025.127575
  7. Akbota, A., and Baek, J. (2018). The environmental consequences of growth: Empirical evidence from the Republic of Kazakhstan. Economies, 6, 1–11. https://doi.org/10.3390/economies6010019
  8. Alom, K., Uddin, A., and Islam, N. (2017). Energy consumption, CO$_2$ emissions, urbanization and financial development in Bangladesh: vector error correction model. Journal of Global Economics, Management and Business Research, 9 (4), 178–189.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Kamu Ekonomisi - Kamuya Sağlanan Mallar, Yeşil Ekonomi, Banka Yönetimi, İthalat İhracat Yönetimi

Bölüm

Araştırma Makalesi

Yazarlar

Mohammad Ali Arshad Chowdhury Bu kişi benim
0000-0003-2058-3736
Bangladesh

Yayımlanma Tarihi

25 Haziran 2026

Gönderilme Tarihi

6 Ekim 2025

Kabul Tarihi

4 Nisan 2026

Yayımlandığı Sayı

Yıl 2026 Cilt: 2 Sayı: 1

Kaynak Göster

APA
Ali, M., & Chowdhury, M. A. A. (2026). The effect of economic growth, energy, financial development, trade, capital formation and urbanization on CO₂ emission: Evidence from Bangladesh. Sürdürülebilirlik, Yönetim & Ekonomi Dergisi, 2(1), 1-37. https://izlik.org/JA58CM92YS
AMA
1.Ali M, Chowdhury MAA. The effect of economic growth, energy, financial development, trade, capital formation and urbanization on CO₂ emission: Evidence from Bangladesh. Sürdürülebilirlik, Yönetim & Ekonomi Dergisi. 2026;2(1):1-37. https://izlik.org/JA58CM92YS
Chicago
Ali, Mostafa, ve Mohammad Ali Arshad Chowdhury. 2026. “The effect of economic growth, energy, financial development, trade, capital formation and urbanization on CO₂ emission: Evidence from Bangladesh”. Sürdürülebilirlik, Yönetim & Ekonomi Dergisi 2 (1): 1-37. https://izlik.org/JA58CM92YS.
EndNote
Ali M, Chowdhury MAA (01 Haziran 2026) The effect of economic growth, energy, financial development, trade, capital formation and urbanization on CO₂ emission: Evidence from Bangladesh. Sürdürülebilirlik, Yönetim & Ekonomi Dergisi 2 1 1–37.
IEEE
[1]M. Ali ve M. A. A. Chowdhury, “The effect of economic growth, energy, financial development, trade, capital formation and urbanization on CO₂ emission: Evidence from Bangladesh”, Sürdürülebilirlik, Yönetim & Ekonomi Dergisi, c. 2, sy 1, ss. 1–37, Haz. 2026, [çevrimiçi]. Erişim adresi: https://izlik.org/JA58CM92YS
ISNAD
Ali, Mostafa - Chowdhury, Mohammad Ali Arshad. “The effect of economic growth, energy, financial development, trade, capital formation and urbanization on CO₂ emission: Evidence from Bangladesh”. Sürdürülebilirlik, Yönetim & Ekonomi Dergisi 2/1 (01 Haziran 2026): 1-37. https://izlik.org/JA58CM92YS.
JAMA
1.Ali M, Chowdhury MAA. The effect of economic growth, energy, financial development, trade, capital formation and urbanization on CO₂ emission: Evidence from Bangladesh. Sürdürülebilirlik, Yönetim & Ekonomi Dergisi. 2026;2:1–37.
MLA
Ali, Mostafa, ve Mohammad Ali Arshad Chowdhury. “The effect of economic growth, energy, financial development, trade, capital formation and urbanization on CO₂ emission: Evidence from Bangladesh”. Sürdürülebilirlik, Yönetim & Ekonomi Dergisi, c. 2, sy 1, Haziran 2026, ss. 1-37, https://izlik.org/JA58CM92YS.
Vancouver
1.Mostafa Ali, Mohammad Ali Arshad Chowdhury. The effect of economic growth, energy, financial development, trade, capital formation and urbanization on CO₂ emission: Evidence from Bangladesh. Sürdürülebilirlik, Yönetim & Ekonomi Dergisi [Internet]. 01 Haziran 2026;2(1):1-37. Erişim adresi: https://izlik.org/JA58CM92YS