Renewable and Non-Renewable Energy Consumption in BRICS: Assessing the Dynamic Linkage between Foreign Capital Inflows and Energy Consumption

被引：37
|
作者：
Qin, Zhexuan [1 ]
Ozturk, Ilhan [2 ,3 ,4 ]
机构：
[1] Yuncheng Univ, Dept Econ Management, 1155 Fudan West St, Yuncheng 044000, Peoples R China
[2] Cag Univ, Fac Econ & Adm Sci, TR-33800 Mersin, Turkey
[3] China Med Univ, China Med Univ Hosp, Dept Med Res, Taichung 40402, Taiwan
[4] Asia Univ, Dept Finance, Taichung 41354, Taiwan
来源：
ENERGIES | 2021年 / 14卷 / 10期
关键词：
foreign capital inflows; renewable and non-renewable energy consumption; NARDL; DIRECT-INVESTMENT; FINANCIAL DEVELOPMENT; ECONOMIC-GROWTH; CO2; EMISSIONS; FDI; IMPACT; PANEL; MALAYSIA; CHINA;
D O I：
10.3390/en14102974
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：
This study attempt to fill the research gap by figuring out the dynamic effects of foreign capital inflows effect on renewable energy and non-renewable consumption by using the time series non-linear ARDL approach for BRICS from 1991 to 2019. Non-linear ARDL estimates show that positive change in foreign capital inflows has a positive effect on renewable consumption in Brazil, India, and South Africa in long run. Also, the negative change in foreign capital inflows exhibits negatively liked with renewable energy consumption in BRICS economies, except Russia in long run. We find that positive shock in foreign capital inflows tends to increase non-renewable energy consumption in BRICS except India in the long run. Finding suggests that negative change in foreign capital inflows has negative impacts on non-renewable energy consumption in India and Brazil, while the positive effect in only China in the long run.
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页数：17
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