The non-linear influence of trade, foreign direct investment, financial development, energy supply and human capital on carbon emissions in the BRICS
This research investigates the relationship between foreign direct investment, domestic credit to the private sector, energy supply and human capital on carbon emissions subject to the level of trade. In the interest of capturing this non-linear association, this paper utilises the fixed effect pane...
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Published in | Environmental science and pollution research international Vol. 28; no. 41; pp. 57825 - 57841 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Berlin/Heidelberg
Springer Berlin Heidelberg
01.11.2021
Springer Nature B.V |
Subjects | |
Online Access | Get full text |
ISSN | 0944-1344 1614-7499 1614-7499 |
DOI | 10.1007/s11356-021-14704-w |
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Abstract | This research investigates the relationship between foreign direct investment, domestic credit to the private sector, energy supply and human capital on carbon emissions subject to the level of trade. In the interest of capturing this non-linear association, this paper utilises the fixed effect panel threshold model. Thus, deploying a panel dataset of BRICS economies from 2000 to 2018, the study produces important findings that trade exerts a considerable non-linear influence on environmental quality. In this context, the paper determines specific threshold levels upon which environmental quality either increase or decrease for the BRICS economies when either energy supply (1.5962, approximately $US 4.934 million), domestic credit to the private sector (1.6375, about $US 5.142 million), foreign direct investment (1.6375, about $US5.142 million) or human capital (1.6375, about $US5.142 million) increases. To ascertain the causation of included parameters, the Dumitrescu and Hurlin causality test results are also presented. |
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AbstractList | This research investigates the relationship between foreign direct investment, domestic credit to the private sector, energy supply and human capital on carbon emissions subject to the level of trade. In the interest of capturing this non-linear association, this paper utilises the fixed effect panel threshold model. Thus, deploying a panel dataset of BRICS economies from 2000 to 2018, the study produces important findings that trade exerts a considerable non-linear influence on environmental quality. In this context, the paper determines specific threshold levels upon which environmental quality either increase or decrease for the BRICS economies when either energy supply (1.5962, approximately $US 4.934 million), domestic credit to the private sector (1.6375, about $US 5.142 million), foreign direct investment (1.6375, about $US5.142 million) or human capital (1.6375, about $US5.142 million) increases. To ascertain the causation of included parameters, the Dumitrescu and Hurlin causality test results are also presented. This research investigates the relationship between foreign direct investment, domestic credit to the private sector, energy supply and human capital on carbon emissions subject to the level of trade. In the interest of capturing this non-linear association, this paper utilises the fixed effect panel threshold model. Thus, deploying a panel dataset of BRICS economies from 2000 to 2018, the study produces important findings that trade exerts a considerable non-linear influence on environmental quality. In this context, the paper determines specific threshold levels upon which environmental quality either increase or decrease for the BRICS economies when either energy supply (1.5962, approximately $US 4.934 million), domestic credit to the private sector (1.6375, about $US 5.142 million), foreign direct investment (1.6375, about $US5.142 million) or human capital (1.6375, about $US5.142 million) increases. To ascertain the causation of included parameters, the Dumitrescu and Hurlin causality test results are also presented.This research investigates the relationship between foreign direct investment, domestic credit to the private sector, energy supply and human capital on carbon emissions subject to the level of trade. In the interest of capturing this non-linear association, this paper utilises the fixed effect panel threshold model. Thus, deploying a panel dataset of BRICS economies from 2000 to 2018, the study produces important findings that trade exerts a considerable non-linear influence on environmental quality. In this context, the paper determines specific threshold levels upon which environmental quality either increase or decrease for the BRICS economies when either energy supply (1.5962, approximately $US 4.934 million), domestic credit to the private sector (1.6375, about $US 5.142 million), foreign direct investment (1.6375, about $US5.142 million) or human capital (1.6375, about $US5.142 million) increases. To ascertain the causation of included parameters, the Dumitrescu and Hurlin causality test results are also presented. |
Author | Ganda, Fortune |
Author_xml | – sequence: 1 givenname: Fortune surname: Ganda fullname: Ganda, Fortune email: fganda@wsu.ac.za, Fochi555@yahoo.com, fortune.ganda@gmail.com organization: Faculty of Management Sciences, Department of Accounting, Walter Sisulu University |
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ContentType | Journal Article |
Copyright | The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2021 The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2021. 2021. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature. |
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Keywords | Foreign direct investment Trade Energy supply Human capital Carbon emissions Financial development |
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SubjectTerms | Aquatic Pollution Atmospheric Protection/Air Quality Control/Air Pollution Carbon credit data collection Earth and Environmental Science economic development Ecotoxicology Emissions Emissions trading Energy Environment Environmental Chemistry Environmental Health Environmental quality Environmental science foreign direct investment Foreign investment Human capital pollution Private sector Research Article threshold models trade Waste Water Technology Water Management Water Pollution Control |
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Title | The non-linear influence of trade, foreign direct investment, financial development, energy supply and human capital on carbon emissions in the BRICS |
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