Time is inherent in any kinematics, since by definition acceleration is the time derivative of velocity, which itself is the time derivative of position. The question defines the path which the particle follows, which as rainbow has said is in the x-y plane. However, the path in itself tells you nothing of velocity nor of acceleration, all the path equation tells you is how one spatial variable (y) is related to another spatial variable (x). For example, in your question when x=2, then y=0 or when x=4, y=12. That's all great, but you don't need to know how the spatial variables behave with respect to each other, you need to know how they behave with respect to time; the equation of path itself cannot describe how the particle moves with respect to time, for this you need velocity and acceleration.
In kinematics x, y, z are all functions of t, so your function should actually be written;
y\left(x(t)\right) = x^2(t)-4
If x, y, z were not functions of t, then you wouldn't have a path, because the particle's position would not evolve with time, it would just stay where it was.
As Integral has said, no dummy variable was introduced, the path was simply expressed in terms of two spatial and one temporal variable. I hope this helps clear things up.