期刊
SUSTAINABILITY
卷 13, 期 4, 页码 -出版社
MDPI
DOI: 10.3390/su13041924
关键词
energy consumption; economic growth; globalization; CO2 emission; FMOLS and DOLS
资金
- UTP University of Science and Technology, Bydgoszcz, Poland
This study found that energy consumption has a positive impact on CO2 emissions in the BRICS countries, while globalization has a negative impact, leading to an improvement in environmental quality, but not showing the presence of an environmental Kuznets curve.
This paper examines the effect of energy consumption, globalization, and economic growth on the CO2 emission of the BRICS (Brazil, Russian Federation, India, China and South Africa) region. Using annual data from 1989 to 2019, this research applies a panel cointegration approach. In this framework, we use Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS) methods to examine the long-run relationship between the selected variables. This empirical investigation reveals that there is a long-run association between these variables, and energy consumption positively and significantly affects the carbon emission in these countries. These results indicate that energy consumption is the primary source of environmental degradation in the region. In contrast, the globalization (KOF Index of Globalization) negatively and significantly affects the carbon emission, implying the improvement of environmental quality. Further, this research could not find the presence of environmental Kuznets curve in the region. Policy guidelines are suggested in the line of findings.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据