The dynamic impact of biomass and natural resources on ecological footprint in BRICS economies: A quantile regression evidence

被引:224
作者
Awosusi, Abraham Ayobamiji [1 ]
Adebayo, Tomiwa Sunday [2 ]
Altuntas, Mehmet [3 ]
Agyekum, Ephraim Bonah [4 ]
Zawbaa, Hossam M. [5 ,6 ]
Kamel, Salah [7 ]
机构
[1] Near East Univ, Fac Econ & Adm Sci, Dept Econ, TR-99138 Nicosia, Turkey
[2] Cyprus Int Univ, Fac Econ & Adm Sci, Mersin 10, Nicosia, Turkey
[3] Nisantasi Univ, Fac Econ, Dept Econ, Adm & Social Sci, Istanbul, Turkey
[4] Ural Fed Univ, Dept Nucl & Renewable Energy, 19 Mira St, Ekaterinburg 620002, Russia
[5] Beni Suef Univ, Fac Comp & Artificial Intelligence, Bani Suwayf, Egypt
[6] Technol Univ Dublin, Dublin, Ireland
[7] Aswan Univ, Fac Engn, Elect Engn Dept, Aswan 81542, Egypt
关键词
Biomass energy consumption; Economic growth; Globalization; Ecological footprint; BRICS; ENERGY-CONSUMPTION; ENVIRONMENTAL DEGRADATION; CO2; EMISSIONS; GROWTH; GLOBALIZATION; COUNTRIES; NEXUS;
D O I
10.1016/j.egyr.2022.01.022
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
Many emerging economies, including the BRICS economies, are having difficulty meeting the Sustainable Development Goals' (SDGs) objectives. Consequently, this research discusses the creation of an SDG framework for the BRICS economies, which can be utilized as a model for other blocs. To achieve this purpose, this research probes into the effect of biomass energy usage on ecological footprint in the BRICS economies between 1992 and 2018, considering the roles of gross capital formation, natural resources, and globalization. The novel Methods of Moments-Quantile-Regression (MMQR) approach with fixed effects is used, the outcomes of which reveal that in all quantiles (10th to 90th), globalization and biomass energy use mitigate environmental degradation, whereas economic growth, natural resources, and gross capital formation contribute to environmental degradation. The present research applied a series of techniques such as panel FMOLS, and DOLS, FE-OLS, the outcomes of which disclosed that globalization and biomass energy utilization help mitigate environmental degradation, while economic growth, natural resources, and gross capital formation improve environmental degradation. On the basis of the study's findings, we suggest a shift in energy policies away from fossil fuels toward renewable energy alternatives by taking measures regarding the innovation of biomass to improve conversion efficiency.
引用
收藏
页码:1979 / 1994
页数:16
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