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The impact of clean energy consumption on economic growth and CO 2 emissions in BRICS countries

Does the environmental Kuznets curve exist

Bibliographic Data

ID12705704
AuthorsMallesh Ummalla (0000-0003-3222-3906, School of Economics University of Hyderabad Hyderabad India, corresponding author), Phanindra Goyari (0000-0003-2834-692X, School of Economics University of Hyderabad Hyderabad India)
Year2020
Volume21
Issue1
Publication date2020-03-25
Open AccessYes
TypeARTICLE
VenueJournal of Public Affairs (JOURNAL)
Journal identifiersISSN: 1472-3891 • E-ISSN: 1479-1854
PublisherWiley (PUBLISHER • GB)
DOI10.1002/pa.2126
OpenAlexW3014083717
LanguageEN
Citations received5
References cited47

This paper examines the impact of clean energy consumption (CEC) on economic growth (EG) and CO 2 emissions (CO 2 ) within a framework of environmental Kuznets curve (EKC) hypothesis in a panel of BRICS countries for the period 1992–2014. The results indicated that CEC and EG have a significant positive impact on EG, while CO 2 has a negative impact on it. Our results also found that EC and EG increase CO 2 while CEC significantly reduces it. Further, we found that the EKC hypothesis is valid in the BRICS countries. Finally, panel causality test indicated that unidirectional causality running from EC to EG. However, we did not find a causal relationship between CEC and EG. Based on these results, some of the policy implications have proposed for these emerging market economies

Causality (physics · Consumption (sociology · Econometrics · Economics · Energy consumption · Kuznets Curve · Natural resource economics · Panel data · Energy and Environment Impacts · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Ecology

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Citations per year0.83
Citation span2020 - 2023 (4)
Highly citedNo

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