Published Paper Details:

The main purpose of this paper is to examine the long- and short-run causal relationship between the economic development and carbon emissions level and to examine the existence of EKC hypothesis in Ranchi, Jharkhand. The data analysis is done for the period 2001-2020, which covers 20 years and the variable selected for analysis are CO2 emissions level and real per capita Gross District Domestic Product of Ranchi, Jharkhand. The data was collected from different sources. To investigate the short- and long-run relationship between these two variables, the ARDL co-integration test was performed and to test the causal relationship between the variables, Granger Causality test was applied. Finally, to test the EKC hypothesis, OLS (Ordinary Least Square) regression was performed. The results of ARDL co-integration test implies that there is a long- and short-run relationship or co-integration among the variables CO2 emissions and real per capita GDDP. The Granger Causality test results implies that there is unidirectional relationship between LNCO2 and LNPCGDDP, i.e., Carbon emissions does Granger cause per capita real GDDP. The results of quadratic form of EKC model shows that there is evidence of inverted U-shaped curve and the result of cubic form of EKC model indicates that there is an inverted N-shaped curve in Ranchi, Jharkhand.