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Charting the BRIC countries’ connection of political stability, economic growth, demographics, renewables and CO2 emissions.

Authors :
Oprea, Simona-Vasilica
Georgescu, Irina Alexandra
Bâra, Adela
Source :
Economic Change & Restructuring; Oct2024, Vol. 57 Issue 5, p1-35, 35p
Publication Year :
2024

Abstract

This research examines the impact of economic policy uncertainty, GDP, population and renewable energy consumption on CO<subscript>2</subscript> emissions in BRIC countries from 1991 to 2023. The objective is to understand the long-term relationships among these variables and provide relevant insights. Using fully modified ordinary least squares and dynamic ordinary least squares econometric methods, the findings reveal that GDP and population growth significantly increase CO<subscript>2</subscript> emissions, while renewable energy consumption reduces them. The panel autoregressive distributed lag results highlight the need for policies promoting renewable energy and managing population growth to mitigate environmental impacts. Notably, economic policy uncertainty also contributes to higher emissions, underscoring the importance of stable economic policies. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
15739414
Volume :
57
Issue :
5
Database :
Complementary Index
Journal :
Economic Change & Restructuring
Publication Type :
Academic Journal
Accession number :
179516977
Full Text :
https://doi.org/10.1007/s10644-024-09746-2