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International Conference on Innovative Applied Energy    

E-Proceedings ISBN: 978-1-912532-05-6

St Cross College, University of Oxford, United Kingdom

  


 

Carbon Emission, Energy Use, Real GDP Per Capitaand Trade Matrix inthe Indian Economy

 


 

Ergin Akalpler and Simbarashe Hove

Faculty of Economics and Business Administration, Department of Economics, Near East University, Cyprus

  

Paper Abstract
The study analyzes the effects of carbon dioxide emissions, energy use, gross fixed capital formation, real GDP per capita, exports and imports on Indian economic growth. The study seeks an answer to the following question: When examining the relationships that exist between these parameters, what are the driving forces behind the growth trajectory of the Indian economy? An ARDL model was applied to the analysis of annual data so as to determine co-integration on variables and the nature of the relationship for the period 1971-2014. Empirically, it was found that in the short-term, Real Gross Domestic Product per Capita (LGDPP) for the Indian economy is affected by its past value, Gross Fixed Capital Formation (LGCAPP), Energy Consumption (LENERP) Carbon Emissions (LCO2P) and Imports (LIMPP); however, in the long-term, Gross Fixed Capital Formation (LGCAPP), Carbon Emissions (LCO2P) and Exports (LEXPOP) played a significant role. The error correction model revealed the existence of some co-integration relationship for the entirety of the variables in the study for the short-term and long-term. It is concluded that policies should have clear alternative renewable energy consumption targets in order to achieve energy efficiency and achieve sustainable growth of the economy, while reducing carbon dioxide emissions.
Paper Keywords
Real Gross Domestic Product per Capita, Gross Fixed Capital Formation, Energy use, Carbon Emissions,ARDL.
Corresponding author Biography

Ergin Akalpler is an economist, advisor and faculty member at Near East University.

He completed his undergraduate education in the Economics department of the Economics and Administrative Sciences Faculty in Turkey.  In 1989, through the European Council Scholarship programme, he attended the Vienna University of Economics for his master’s in the Institute for Foreign Economics and Politics. After completing his master’s education, he attended a PhD programme at the same university. He completed his education in the Institute for European Research and International Economics in the Vienna University of Economics and became  a Doctor of Economics and Social Sciences.

During and after his education, he taught as a lecturer and was the head of department at different universities in North Cyprus and in Vienna.

He has prepared several projects and attends many conferences and congress worldwide. He has published several articles and books.

In 2004, he was employed as an Educational Advisor by the Ministry of Education and the Higher Education Council in the TRNC for the implementation of the EU Socrates- Erasmus- Lifelong Learning Education programmes, ENQA (The European Association for Quality Assurance in Higher Education), Erasmus University Charter, European University Association, Naric and others. He managed the scholarship programme for students from third countries.  

In 2010, he became an advisor for the TRNC President on economic matters, with the responsibility for preparing, monitoring, evaluating and writing briefs/reports and communicating with the local institutions for evaluating the sectorial problems and issues. Regular meetings with the state secretary and other acting persons were conducted for evaluating and developing new plans and programs, along with regular meetings with the president. He has been assigned as an acting member and representative of the president for the Economic and Technical Committee for United Nation Development Program (UNDP).

He speaks both English and German.

He is married and has three children.

The International Conference on Innovative Applied Energy (IAPE’18)