Abstract
This paper examines the relationships between the energy consumption, GDP growth and emission, using Panel Smooth Transition Regression (PSTR) model for BRIC countries over the period 1960 –2006. Our results reveal that environmental quality in these countries has increasingly suffered from high energy consumption. Moreover, rapid economic growth and international trade in energy intensive goods have progressively increased energy consumption. This suggests that excessively high economic growth is a curse for environmental quality and energy conservation policies to reduce unnecessary wastage of energy should be kicked off for energy-dependent BRIC countries.
Keywords
- CO2 Emission Search this journal for CO2 Emission (opens in a new tab)
- Energy Consumption Search this journal for Energy Consumption (opens in a new tab)
- Industrialization Search this journal for Industrialization (opens in a new tab)
- Economic Growth Search this journal for Economic Growth (opens in a new tab)
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Keywords
- CO2 Emission Search this journal for CO2 Emission (opens in a new tab)
- Energy Consumption Search this journal for Energy Consumption (opens in a new tab)
- Industrialization Search this journal for Industrialization (opens in a new tab)
- Economic Growth Search this journal for Economic Growth (opens in a new tab)
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