Effects of green energy and productivity on environmental sustainability in BRICS economies: The role of natural resources rents
- Title
- Effects of green energy and productivity on environmental sustainability in BRICS economies: The role of natural resources rents
- Creator
- Zhou X.; Patel G.; Mahalik M.K.; Gozgor G.
- Description
- By developing a theoretical framework, this paper constructs two models for environmental sustainability, each with an ecological footprint and CO2 emissions. The empirical study considers panel data from Brazil, Russia, India, China, and South Africa (BRICS) based on the need for consistent economic growth with minimum environmental cost in these five major emerging countries. The data period ranges from 1994 to 2018. According to the findings from several estimation techniques, total factor productivity and renewable energy consumption improve environmental quality. However, natural resources rents and economic growth are detrimental to environmental sustainability. Therefore, it is concluded that the mere blind use of natural resources to achieve economic growth without raising productivity and green energy is ecologically unsustainable. Appropriate policies are discussed to promote the productivity of governments via emerging technologies and digitalisation. 2024 Elsevier Ltd
- Source
- Resources Policy, Vol-92
- Date
- 2024-01-01
- Publisher
- Elsevier Ltd
- Subject
- BRICS economies; Economic growth; Environmental sustainability; Natural resources rents; Renewable energy; Total factor productivity
- Coverage
- Zhou X., School of Business, Sanda University, Shanghai, China; Patel G., School of Business and Management, CHRIST (Deemed to be University), Kengeri Campus, Kanmanike, Kumbalgodu, Mysore Road, Karnataka, Bengaluru, 560074, India; Mahalik M.K., Department of Humanities and Social Sciences, Indian Institute of Technology Kharagpur, West Bengal, Medinapur, 721302, India; Gozgor G., School of Management, University of Bradford, Bradford, United Kingdom, Adnan Kassar School of Business, Lebanese American University, Beirut, Lebanon
- Rights
- Restricted Access
- Relation
- ISSN: 3014207
- Format
- Online
- Language
- English
- Type
- Article
Collection
Citation
Zhou X.; Patel G.; Mahalik M.K.; Gozgor G., “Effects of green energy and productivity on environmental sustainability in BRICS economies: The role of natural resources rents,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 23, 2025, https://archives.christuniversity.in/items/show/13167.