Energy mix outlook and the EKC hypothesis in BRICS countries: a perspective of economic freedom vs. economic growth

dc.authoridhttp://orcid.org/0000-0001-8901-7965en_US
dc.authoridhttps://orcid.org/0000-0001-5355-3707en_US
dc.authoridhttps://orcid.org/0000-0002-6459-9898en_US
dc.contributor.authorAkadiri, Seyi Saint
dc.contributor.authorAlola, Andrew Adewale
dc.contributor.authorUsman, Ojonugwa
dc.date.accessioned2023-06-19T11:52:57Z
dc.date.available2023-06-19T11:52:57Z
dc.date.issued2021en_US
dc.departmentİktisadi İdari ve Sosyal Bilimler Fakültesien_US
dc.description.abstractThis study attempts to unveil an additional dimension to economic freedom within the framework of the environmental Kuznet curve (EKC) hypothesis using the panel data for BRICS (Brazil, Russia, India, China, and South Africa) economies over the period 1995–2018. Firstly, the study found that the EKC hypothesis is valid only in the long run for the panel countries. Secondly, we found that economic freedom mimics the pattern of economic output. Thus, when economic freedom is employed in lieu of economic growth, the EKC hypothesis is also validated only in the long run. Importantly, when both economic freedom and output are employed alongside, they produce the same carbon mitigation effect in each of the short-run and long-run periods. Thirdly, the country-specific evidence of the role of economic freedom and output in environmental quality is not less of a Ushaped relationship in the short run. Lastly, the impact of the bloc’s energy mix (coal, natural gas, and oil energy utilization) on environmental quality is undesirable in both the short and long run; only in South Africa natural gas has the potential to mitigate carbon emissions. Overall, the study offers relevant policy measures for attaining Sustainable Development Goals (SDGs) target to combat climate change and its impacts.en_US
dc.identifier.doi10.1007/s11356-020-11964-wen_US
dc.identifier.endpage8926en_US
dc.identifier.issn0944-1344
dc.identifier.issn1614-7499
dc.identifier.issue7en_US
dc.identifier.pmid33410045en_US
dc.identifier.scopus2-s2.0-85099214423en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage8922en_US
dc.identifier.urihttps://hdl.handle.net/11363/4897
dc.identifier.urihttps://doi.org/
dc.identifier.volume28en_US
dc.identifier.wosWOS:000605574200040en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.indekslendigikaynakPubMeden_US
dc.institutionauthorAlola, Andrew Adewale
dc.language.isoenen_US
dc.publisherSPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANYen_US
dc.relation.ispartofEnvironmental Science and Pollution Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/*
dc.subjectEconomic freedomen_US
dc.subjectEconomic growthen_US
dc.subjectBRICSen_US
dc.subjectEKC hypothesisen_US
dc.titleEnergy mix outlook and the EKC hypothesis in BRICS countries: a perspective of economic freedom vs. economic growthen_US
dc.typeArticleen_US

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