Influence of growth and urbanization on CO2 emissions: The moderating effect of foreign direct investment on energy use in BRICS

Balsalobre Lorente D., Driha O. M., Halkos G., Mishra S.

Sustainable Development, vol.30, no.1, pp.227-240, 2022 (SSCI, Scopus) identifier

  • Nəşrin Növü: Article / Article
  • Cild: 30 Say: 1
  • Nəşr tarixi: 2022
  • Doi nömrəsi: 10.1002/sd.2240
  • jurnalın adı: Sustainable Development
  • Jurnalın baxıldığı indekslər: Social Sciences Citation Index (SSCI), Scopus, IBZ Online, International Bibliography of Social Sciences, PASCAL, ABI/INFORM, Aqualine, Aquatic Science & Fisheries Abstracts (ASFA), Business Source Elite, Business Source Premier, CAB Abstracts, Environment Index, Geobase, Greenfile, Index Islamicus, PAIS International, Political Science Complete, Pollution Abstracts, Public Affairs Index, Sociological abstracts, Veterinary Science Database, Worldwide Political Science Abstracts, Civil Engineering Abstracts
  • Səhifə sayı: pp.227-240
  • Açar sözlər: carbon emissions, EKC hypothesis, energy use, foreign direct investment, pollution haven hypothesis, urbanization
  • Açıq Arxiv Kolleksiyası: Məqalə
  • Adres: Bəli

Qısa məlumat

This study analyses the relationship between foreign direct investment, economic growth, urbanization, energy use, and carbon emissions in Brazil, Russia, India, China, and South Africa (BRICS countries) between 1990 and 2014. According to the empirical results, both environmental Kuznets curve (EKC) and pollution haven hypotheses (PHH) are confirmed. Urbanization contributes to reducing carbon emissions, while energy use is one of the main driving forces of ascending carbon emissions. The main advance of this paper lies in the moderating effect of foreign direct investment and energy usage on carbon emission in the case of the BRICS. The empirical results confirm a dampening impact of foreign direct investment on energy use, generating a correction in carbon emission. Thus, structural transformations are highlighted with a positive influence on energy efficiency and sustainable growth. It is expected that policymakers must promote renewable sources and boost clean foreign industries in selected host countries.