Mitigations pathways towards sustainable development: Assessing the influence of fiscal and monetary policies on carbon emissions in BRICS economies

Chishti, Muhammad Zubair; Ahmad, Manzoor; Rehman, Abdul; Khan, Muhammad Imran

doi:10.1016/j.jclepro.2021.126035

Cited by 197 publications

(108 citation statements)

References 81 publications

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“…Balsalobre-Lorente et al (2019) note that, in 2013 the BRICS group was responsible for 40 percent of aggregate global carbon emissions. Chishti et al (2021) present the following statistics to show that these countries are among the top 10 high carbon-emitting nations: World -58%; China -29%; India -6%; Russia -5%; Brazil -1%; and South Africa -1%. BP indicates that by 2017, emissions in these economies comprised 41.82% of global carbon emissions, and it was anticipated that this percentage would increase.…”

Section: Introductionmentioning

confidence: 99%

The impact of health expenditure on environmental quality: the case of BRICS

Ganda

2021

Development Studies Research

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There is a significant and deadly link between air-borne pandemics (for example, COVID-19) and air pollution, as airborne particulate matter enhances the spread of such diseases. Moreover, economically disadvantaged groups are more susceptible. This paper analyses the effects of health expenditure on carbon emissions in BRICS (that is, Brazil, Russia, India, China and South Africa) countries from 2000 to 2017. The Fully Modified Ordinary Least Square (FM-OLS), the Vector Error Correction Model (VECM) Granger causality and the Dumitrescu-Hurlin causality tests are employed. In terms of aggregate health expenditure, the level of current health expenditure is significantly and negatively connected with carbon emissions. With regard to disaggregated variables, private health expenditure is also negatively and significantly linked to emissions. However, domestic general government health expenditure and external health expenditure are positively and significantly associated with carbon emissions. Country-specific results are also provided. The causality tests confirm bi-directional causality between the level of current health expenditure, private health expenditure, and domestic general government health expenditure, and carbon emissions. External health expenditure in BRICS does not cause emissions, and vice-versa. VECM causal links are also discussed. The results point to the need to review health expenditure sub-policy programs to achieve zero-carbon targets.

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Section: Introductionmentioning

confidence: 99%

The impact of health expenditure on environmental quality: the case of BRICS

Ganda

2021

Development Studies Research

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“…The causality test verifies the findings by establishing a causal relationship between the majority of the variables (Chishti et al, 2021). The results in Table 12 have shown a bi-directional causal relationship between rice and its corresponding variables, i.e., area to yield & rainfall to minimum temperature.…”

Section: Insert [Table 12]mentioning

confidence: 52%

Impact of Climate Change on Rice and Wheat Yield in Punjab State of India: A District-Level Analysis

Bhardwaj

Kumar

et al. 2021

Preprint

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The present study aims to examine the impact of climate change on wheat and rice yield of the Punjab state of India. Using district-level panel data from 1981 to 2017, the study employs fully modified ordinary least squares (FMOLS), dynamic ordinary least squares (DOLS), and pooed mean group (PMG) approaches. The Pedroni cointegration has established a long-run relationship of climate variables with rice and wheat crops. The results of FMOLS and DOLS show that minimum temperature has a positive effect on both wheat and rice, while maximum temperature is found to be negatively contributing to both the crops. Rainfall has a significant adverse effect on wheat yield. Seasonal rainfall has been detrimental to wheat and rice yield in the study period, indicating that excess rainfall proved counterproductive. Pooled mean group (PMG) model confirms the robustness of the results obtained by FMOLS and DOLS techniques. Moreover, Dumitrescu-Hurlin causality test has revealed a unidirectional causality running from minimum temperature, rainfall & maximum temperature to rice and wheat yield. The findings of the study suggest that the government should invest in developing stress-tolerant varieties of wheat and rice, managing crop residuals to curb further environmental effect and sustain natural resources for ensuring food security.

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“…Likewise, ERDE is an important factor to control TCO 2 . Wang et al (2021) and Chishti et al (2021) argue that ERDE can reduce TCO 2 through advancement in technology. ERDE is expected to have a negative effect on TCO 2 (β 6 zTCO2 zERDE < 0).…”

Section: Methodology Theoretical Frameworkmentioning

confidence: 99%

Assessing the Role of Environmental Expenditures and Green Transport in Emissions Released by Transport: An Application of ARDL Approach

Hussain

Miao

Zhang

et al. 2021

Front. Environ. Sci.

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This study investigates the effects of transport and environmental factors on transport carbon dioxide emissions (TCO2). It employs cross-sectional autoregressive distributed lags for the estimation in the short and long runs and examines the panel time-series data from 2000 to 2020 in the OECD countries. This method allows heterogeneity in the dependencies and slope parameters across the countries. The results demonstrate that road and railway traffic movements increase the amount of TCO2 in the short and long runs. In addition, transport energy consumption is the driving factor in releasing TCO2 in the long run. Moreover, the joint effect of locomotives and transport energy consumption significantly reduces TCO2 in the short run. By contrast, the findings support the argument that environmental expenditures and green transport mitigate TCO2 in the long run. The findings also show an inverted u-shaped relationship between TCO2 and transport energy consumption. With the empirical findings as a basis, we suggest that the OECD countries should reduce traffic movements and enhance the environmental expenditures so that they may produce green transport vehicles to combat environmental issues.

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Mitigations pathways towards sustainable development: Assessing the influence of fiscal and monetary policies on carbon emissions in BRICS economies

Cited by 197 publications

References 81 publications

The impact of health expenditure on environmental quality: the case of BRICS

The impact of health expenditure on environmental quality: the case of BRICS

Impact of Climate Change on Rice and Wheat Yield in Punjab State of India: A District-Level Analysis

Assessing the Role of Environmental Expenditures and Green Transport in Emissions Released by Transport: An Application of ARDL Approach

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