Analysis of income inequality and environmental pollution in BRICS using fresh asymmetric approach

Zhao, Weijun; Hafeez, Muhammad; Maqbool, Adnan; Ullah, Sana; Sohail, Sidra

doi:10.1007/s11356-021-14209-6

Cited by 54 publications

(18 citation statements)

References 57 publications

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“…This study applies the geopolitical risk index developed by (Caldara and Iacoviello, 2018). The literature has pointed out the uniqueness of this index since it assimilates risks associated with political upheavals, wars and terrorist insurgency (Anser et al, 2021;Zhao et al, 2021b). Thirdly, for the first time in the literature, we explore the moderating role of renewable energy in impacting the inequality and GPI, which is expected to have an important feedback impact on climate welfare.…”

Section: Contribution Of the Study To The Existing Literaturementioning

confidence: 99%

“…A major strand in the literature has been explored in recent years on the nexus between emission-inequality-renewable energy consumption (McGee and Greiner, 2019; Uzar, 2020). Inequality and climate concerns are the two-pronged challenges that the BRICS are facing as they make rapid strides in achieving economic prosperity (Zhao et al , 2021a; Mahalik et al , 2018). One of the crucial empirical research questions that the current study attempts to explore is whether rising inequality in the distribution of income is contributing to augmenting emissions for the BRICS nations.…”

Section: Introductionmentioning

confidence: 99%

“…Analogously to the concerns on inequality and climate change, the geopolitical risks have also risen in recent years. The geopolitical importance of the BRICS nations has a crucial bearing on energy use-emission-economic growth nexus (Anser et al, 2021;Zhao et al, 2021b). Research on the geopolitical nexus and environmental concerns, particularly for the BRICS countries, continue to be scant.…”

Section: Introductionmentioning

confidence: 99%

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Renewable energy and CO₂ emissions: the economics and geopolitical implications, experiences from the BRICS nations

Ghosh¹

2022

IJESM

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Purpose The purpose of this study is to examine how renewable energy consumption moderates the relationship between inequality and carbon dioxide (CO2) emissions for Brazil, Russia, India, China and South Africa (BRICS). The nexus between energy use and geopolitical tensions has also been explored. Design/methodology/approach This study has used distinctive data sets from 1990 to 2018 to explore the interconnections on emission, energy use, inequality and geopolitics. To do away with the difficulties related to heterogeneity and cross-sectional dependence (CD), this paper uses recent estimation methods that are robust to panel heterogeneity and CD. Findings The results of the panel augmented mean group (AMG) estimation and common correlated effects mean group (CCEMG) estimation verify the environmental Kuznets curve. The findings show that a 1% rise in Gini inequality leads to a 0.24% rise in the CO2 emission (AMG) method and a 0.17% rise in emissions CCEMG (method). As far as the moderating impact of renewable energy upon Gini measure of inequality is concerned, it is −0.10 AMG and CCEMG methods of estimation, respectively. However, the moderating impact of renewable energy on the geopolitical index leads to a mitigating impact on CO2 emissions, 0.55% decline in AMG method. Originality/value This research makes a distinctive contribution by investigating for the first time to the best of the authors’ knowledge the main pillars of sustainable ecological development in the context of the BRICS nations.

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Section: Contribution Of the Study To The Existing Literaturementioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Renewable energy and CO₂ emissions: the economics and geopolitical implications, experiences from the BRICS nations

Ghosh¹

2022

IJESM

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“…Goal 13 of the sustainable development goals (SDGs) emphasized the need for renewable energy sources to protect the environment. Therefore, to attain the targets of a clean environment and energy security the country like China need to increase the share of renewable energy sources in their total energy mix, which will positively impact green infrastructure and growth, environmental quality, and quality of life (Zhao et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

Financial inclusion and its influence on renewable energy consumption-environmental performance: the role of ICTs in China

Feng

Sun

Sohail

2022

Environ Sci Pollut Res

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Financial inclusion means that individuals and businesses can easily avail financial goods and services at an affordable cost. It is widely recognized that financial inclusion can help preserve the environment by increasing the consumption of renewable energy sources. Hence, our aim is to investigate whether financial inclusion has any effect on renewable energy consumption and environmental quality in China. To get the estimates of the variables, we have preferred the ARDL model. The estimates of the model confirm that a rise in the number of ATMs and total insurance has a positive impact on renewable energy consumption in China in long-run.Conversely, an increase in the number of ATMs and total insurance negatively affects CO2 emissions in China.In general, we can say that financial inclusion increases renewable energy consumption and reduces CO2 emissions in China. Therefore, by using financial inclusion, policymakers should try to divert the resources towards environmentally friendly consumption and production activities.

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“…With the advent of climate change, the increase in global temperatures are getting more attention as global environmental problems (Alam et al ., 2012; Wang et al ., 2016; Zhao et al ., 2021). Factors influencing global temperature rise include variation in land use, continuously changing irrigation, desertification due to forest depletion, human‐induced carbon dioxide (CO 2 ) emission from industrialisation and urbanisation, huge quantities of previously trapped greenhouse gas (GHG) as methane (CH 4 ) and many more.…”

Section: Introductionmentioning

confidence: 99%

An analysis of energy, environment and economic growth (EEE) nexus: a 2SLS approach

et al. 2022

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The growing apprehension of global warming, greenhouse gas emissions and increasing use of fossil fuel due to emergent economic activity signifies that for the sustainability of the environment cleaner energy use is important. In the same pursuit, this study aims to examine the energy, environment and economic growth nexus of Bangladesh, incorporating both renewable and nonrenewable energy consumption with forest depletion. We have employed the Two-Stage Least Square approach to avoid likely simultaneity bias and possible endogeneity of the variables arising from the ordinary least squares. Result postulates non-renewable energy consumption and forest depletion have a significant impact on CO 2 emission, whereas renewable energy shows no significant consequence. The issue which arises in this regard is that renewable energy consumption has not yet reached a stage from where it could play a substantial role in emission reduction of the country. Therefore, countries should adopt policies that would provide a conducive environment for affordable energy use.

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Analysis of income inequality and environmental pollution in BRICS using fresh asymmetric approach

Cited by 54 publications

References 57 publications

Renewable energy and CO₂ emissions: the economics and geopolitical implications, experiences from the BRICS nations

Renewable energy and CO₂ emissions: the economics and geopolitical implications, experiences from the BRICS nations

Financial inclusion and its influence on renewable energy consumption-environmental performance: the role of ICTs in China

An analysis of energy, environment and economic growth (EEE) nexus: a 2SLS approach

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Analysis of income inequality and environmental pollution in BRICS using fresh asymmetric approach

Cited by 54 publications

References 57 publications

Renewable energy and CO2 emissions: the economics and geopolitical implications, experiences from the BRICS nations

Renewable energy and CO2 emissions: the economics and geopolitical implications, experiences from the BRICS nations

Financial inclusion and its influence on renewable energy consumption-environmental performance: the role of ICTs in China

An analysis of energy, environment and economic growth (EEE) nexus: a 2SLS approach

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Renewable energy and CO₂ emissions: the economics and geopolitical implications, experiences from the BRICS nations

Renewable energy and CO₂ emissions: the economics and geopolitical implications, experiences from the BRICS nations