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The potency of natural resources and trade globalisation in the ecological sustainability target for the BRICS economies

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Заглавие The potency of natural resources and trade globalisation in the ecological sustainability target for the BRICS economies
 
Автор Adebayo, T. S.
Samour, A.
Alola, A. A.
Abbas, S.
Ağa, M.
 
Тематика ECOLOGICAL FOOTPRINT
NATURAL RESOURCES
RENEWABLE ENERGY
TRADE GLOBALISATION
 
Описание The BRICS nations have yet to significantly contribute to achieving Sustainable Development Goals (SDG) 7 and 13. Dealing with this problem might necessitate a policy shift, which is the main topic of this research. Therefore, the current study scrutinizes the interrelationship between natural resources, energy, trade globalisation and ecological footprint using panel data from the period between 1990 and 2018 for the BRICS nations. To assess the interrelationship between ecological footprint and its determinants, we used the Cross sectional autoregressive distributed lag (CS-ARDL) and common correlated effects. mean group (CCEMG) estimators. The findings show that economic progress, and natural resources lessen ecological quality, while renewable energy and trade globalization improves ecological quality in the BRICS nations. Based on these results, the BRICS nations need to upgrade their use of renewable energy sources and improve the structure of their natural resource endowments. Furthermore, trade globalisation necessitates immediate policy responses in these nations since it reduces ecological damage. © 2023 The Authors
 
Дата 2024-04-05T16:20:24Z
2024-04-05T16:20:24Z
2023
 
Тип Article
Journal article (info:eu-repo/semantics/article)
|info:eu-repo/semantics/publishedVersion
 
Идентификатор Adebayo, TS, Samour, A, Alola, AA, Abbas, S & Ağa, M 2023, 'The potency of natural resources and trade globalisation in the ecological sustainability target for the BRICS economies', Heliyon, Том. 9, № 5, e15734. https://doi.org/10.1016/j.heliyon.2023.e15734
Adebayo, T. S., Samour, A., Alola, A. A., Abbas, S., & Ağa, M. (2023). The potency of natural resources and trade globalisation in the ecological sustainability target for the BRICS economies. Heliyon, 9(5), [e15734]. https://doi.org/10.1016/j.heliyon.2023.e15734
2405-8440
Final
All Open Access, Gold, Green
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85153877407&doi=10.1016%2fj.heliyon.2023.e15734&partnerID=40&md5=f7fe13e9e999cc79aacdfccae97ffc62
http://www.cell.com/article/S2405844023029419/pdf
http://elar.urfu.ru/handle/10995/130429
10.1016/j.heliyon.2023.e15734
85153877407
001042327300001
 
Язык en
 
Права Open access (info:eu-repo/semantics/openAccess)
cc-by
https://creativecommons.org/licenses/by/4.0/
 
Формат application/pdf
 
Издатель Elsevier Ltd
 
Источник Heliyon
Heliyon