The impression of technological innovations and natural resources in energy-growth-environment nexus: A new look into BRICS economies

We utilize extended STIRPAT “(stochastic impact of regression on population, affluence, and technology)” model to explore the impact of technological innovations and natural resources in energy-growth-environment nexus for a panel of BRICS “(i.e., Brazil, Russia, India, China, and South Africa)” eco...

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Veröffentlicht in:The Science of the total environment 2020-07, Vol.727, p.138265-138265, Article 138265
Hauptverfasser: Khan, Anwar, Muhammad, Faqir, Chenggang, Yang, Hussain, Jamal, Bano, Sadia, Khan, Muhammad Awais
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Sprache:eng
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Zusammenfassung:We utilize extended STIRPAT “(stochastic impact of regression on population, affluence, and technology)” model to explore the impact of technological innovations and natural resources in energy-growth-environment nexus for a panel of BRICS “(i.e., Brazil, Russia, India, China, and South Africa)” economies over 1985–2014. Using Augmented Mean Group (AMG), and Fully Modified-Least Square (FM-LS) panel algorithms, the results indicate that technical innovations can reduce CO2 emissions and help to improve economic growth in BRICS countries. Furthermore, our estimates support energy push emissions and validate the existence of the traditional “environmental Kuznets curve (EKC)” for BRICS and partially across the countries. Moreover, the empirical results indicate one-way causality from income to CO2; a two-way causal relationship is operational between income and energy use and between energy use and CO2 emissions in BRICS and individual countries. The results suggest that policymakers may consider the role of innovations as a clean source of technology to achieve energy security and a sustainable environment. [Display omitted] •STIRPAT-model is used to test the natural resources and technological innovations in Energy-growth-environment nexus.•AMG estimator is adopted, which is robust in non-stationary series and crossectionally correlated panel data sets.•The natural resource curse phenomenon is observed in BRICS.•Natural resources have positive and technological innovations have negative response to eCO2 in BRICS economies.
ISSN:0048-9697
1879-1026
DOI:10.1016/j.scitotenv.2020.138265