On the Relationship between Economic Growth and CO2 Emissions: The Bangladesh Experience

Abstract

Abstract: This paper investigate changes in economic structure and trends of carbon dioxide (CO2) emissions with GDP per capita of Bangladesh. The paper also examine the relationship between economic growth (GDP per capita) and CO2 emissions of Bangladesh based on the environmental Kuznets curve hypothesis, using World Bank data over 1972-2010. By estimating the EKC for the period 1972-2010, the existence of EKC “U” shape does not hold. It is also seen that a faster structural shift from agriculture to non-agriculture and emergence of services as the dominant part of the economy so CO2 emissions shows uprising trend. Keywords: Environmental Kuznets Curve, Environmental degradation, Structural change, GDP per capita, Carbon dioxide emissions I.