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Energy consumption and innovation-environmental degradation nexus in BRICS countries: new evidence from NARDL approach using carbon dioxide and nitrous oxide emissions

The BRICS nations�Brazil, Russia, India, China, and South Africa�have grown significantly in importance over the past few decades, playing a vital role in the development and growth of the global economy. This expansion has not been without cost, either, since these countries� concern over environme...

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Main Authors: Li B., Rahman S.U., Afshan S., Amin A., Younas S.
Other Authors: 57566472700
Format: Article
Published: Springer 2024
Subjects:
BRICS countries
Energy consumption
Institutional performance
NARDL
Technological innovations
Carbon Dioxide
China
Economic Development
Humans
Investments
Nitrous Oxide
Renewable Energy
carbon dioxide
nitrous oxide
economic development
human
investment
renewable energy
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spelling my.uniten.dspace-339942024-10-14T11:17:36Z Energy consumption and innovation-environmental degradation nexus in BRICS countries: new evidence from NARDL approach using carbon dioxide and nitrous oxide emissions Li B. Rahman S.U. Afshan S. Amin A. Younas S. 57566472700 57363339500 56872794400 57217247080 58653554900 BRICS countries Energy consumption Institutional performance NARDL Technological innovations Carbon Dioxide China Economic Development Humans Investments Nitrous Oxide Renewable Energy carbon dioxide nitrous oxide China economic development human investment renewable energy The BRICS nations�Brazil, Russia, India, China, and South Africa�have grown significantly in importance over the past few decades, playing a vital role in the development and growth of the global economy. This expansion has not been without cost, either, since these countries� concern over environmental deterioration has risen sharply. Both researchers and decision-makers have focused a lot of attention on the connection between economic growth and ecological sustainability. By using nonlinear autoregressive distributed lag (NARDL) approach, the complex relationships were analyzed between important economic indicators�such as gross domestic product (GDP), ecological innovations (EI), energy consumption (ENC), institutional performance (IP), and trade openness (TOP)�and their effect on carbon emissions and nitrous oxide emissions in the BRICS countries from 1990 to 2021, this study seeks to contribute to this important dialog. Principal component analysis is formed for technological innovations and institutional performance using six (ICT service exports as a percentage of service exports, computer communications as a percentage of commercial service exports, fixed telephone subscriptions per 100 people, internet users as a percentage of the population, number of patent applications, and R&D expenditures as a percentage of GDP) and twelve (government stability, investment profile, socioeconomic conditions, internal conflict, external conflict, military in politics, control of corruption, religious tensions, ethnic tensions, law and order, bureaucracy quality, and democratic accountability) distinct indicators, respectively. The results of nonlinear autoregressive distributed lag estimation show that increase in economic growth would increase carbon dioxide and nitrous oxide emissions. The positive and negative shocks in trade openness have positive and significant impact on carbon dioxide and nitrous oxide emissions in BRICS countries. Furthermore, the positive shock energy consumptions have positive and significant effect on Brazil and India when carbon dioxide and nitrous oxide emissions are used. However, EKC exists in BRICS countries when carbon dioxide and nitrous oxide emissions are used. According to long-term estimation, energy consumption and technological innovations in the BRICS countries show a strong and adverse link with nitrous oxide and a favorable relationship with carbon dioxide emissions. In the long run, environmental indicators are seen to have a major and unfavorable impact in BRICS nations. Finally, it is proposed that BRICS nations can assure environmental sustainability if they support creative activities, enhance their institutions, and support free trade policies. � 2023, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature. Final 2024-10-14T03:17:36Z 2024-10-14T03:17:36Z 2023 Article 10.1007/s11356-023-29927-2 2-s2.0-85174399395 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85174399395&doi=10.1007%2fs11356-023-29927-2&partnerID=40&md5=f61c9c8b885d35b946394941795fb04b https://irepository.uniten.edu.my/handle/123456789/33994 30 53 113561 113586 Springer Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
topic BRICS countries
Energy consumption
Institutional performance
NARDL
Technological innovations
Carbon Dioxide
China
Economic Development
Humans
Investments
Nitrous Oxide
Renewable Energy
carbon dioxide
nitrous oxide
China
economic development
human
investment
renewable energy
spellingShingle BRICS countries
Energy consumption
Institutional performance
NARDL
Technological innovations
Carbon Dioxide
China
Economic Development
Humans
Investments
Nitrous Oxide
Renewable Energy
carbon dioxide
nitrous oxide
China
economic development
human
investment
renewable energy
Li B.
Rahman S.U.
Afshan S.
Amin A.
Younas S.
Energy consumption and innovation-environmental degradation nexus in BRICS countries: new evidence from NARDL approach using carbon dioxide and nitrous oxide emissions
description The BRICS nations�Brazil, Russia, India, China, and South Africa�have grown significantly in importance over the past few decades, playing a vital role in the development and growth of the global economy. This expansion has not been without cost, either, since these countries� concern over environmental deterioration has risen sharply. Both researchers and decision-makers have focused a lot of attention on the connection between economic growth and ecological sustainability. By using nonlinear autoregressive distributed lag (NARDL) approach, the complex relationships were analyzed between important economic indicators�such as gross domestic product (GDP), ecological innovations (EI), energy consumption (ENC), institutional performance (IP), and trade openness (TOP)�and their effect on carbon emissions and nitrous oxide emissions in the BRICS countries from 1990 to 2021, this study seeks to contribute to this important dialog. Principal component analysis is formed for technological innovations and institutional performance using six (ICT service exports as a percentage of service exports, computer communications as a percentage of commercial service exports, fixed telephone subscriptions per 100 people, internet users as a percentage of the population, number of patent applications, and R&D expenditures as a percentage of GDP) and twelve (government stability, investment profile, socioeconomic conditions, internal conflict, external conflict, military in politics, control of corruption, religious tensions, ethnic tensions, law and order, bureaucracy quality, and democratic accountability) distinct indicators, respectively. The results of nonlinear autoregressive distributed lag estimation show that increase in economic growth would increase carbon dioxide and nitrous oxide emissions. The positive and negative shocks in trade openness have positive and significant impact on carbon dioxide and nitrous oxide emissions in BRICS countries. Furthermore, the positive shock energy consumptions have positive and significant effect on Brazil and India when carbon dioxide and nitrous oxide emissions are used. However, EKC exists in BRICS countries when carbon dioxide and nitrous oxide emissions are used. According to long-term estimation, energy consumption and technological innovations in the BRICS countries show a strong and adverse link with nitrous oxide and a favorable relationship with carbon dioxide emissions. In the long run, environmental indicators are seen to have a major and unfavorable impact in BRICS nations. Finally, it is proposed that BRICS nations can assure environmental sustainability if they support creative activities, enhance their institutions, and support free trade policies. � 2023, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.
author2 57566472700
author_facet 57566472700
Li B.
Rahman S.U.
Afshan S.
Amin A.
Younas S.
format Article
author Li B.
Rahman S.U.
Afshan S.
Amin A.
Younas S.
author_sort Li B.
title Energy consumption and innovation-environmental degradation nexus in BRICS countries: new evidence from NARDL approach using carbon dioxide and nitrous oxide emissions
title_short Energy consumption and innovation-environmental degradation nexus in BRICS countries: new evidence from NARDL approach using carbon dioxide and nitrous oxide emissions
title_full Energy consumption and innovation-environmental degradation nexus in BRICS countries: new evidence from NARDL approach using carbon dioxide and nitrous oxide emissions
title_fullStr Energy consumption and innovation-environmental degradation nexus in BRICS countries: new evidence from NARDL approach using carbon dioxide and nitrous oxide emissions
title_full_unstemmed Energy consumption and innovation-environmental degradation nexus in BRICS countries: new evidence from NARDL approach using carbon dioxide and nitrous oxide emissions
title_sort energy consumption and innovation-environmental degradation nexus in brics countries: new evidence from nardl approach using carbon dioxide and nitrous oxide emissions
publisher Springer
publishDate 2024
_version_ 1814061161241378816
score 13.22586

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