2022
DOI: 10.1108/ijoa-03-2022-3185
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Does investment in energy matter for economic growth? Evidence from BRICS countries

Abstract: Purpose This study aims to explore the impact of energy investment on economic growth. Specifically, the study investigates the impact of energy consumption, foreign investment, infrastructure development, tax revenue, human capital, international tourism revenue and trade volume on economic growth. Design/methodology/approach To achieve the aim, the authors sample the 24-years (1996–2019) financial statistics of BRICS countries. Given the econometric recommendations supplemented by the Johnsen cointegration… Show more

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References 53 publications
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