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The influence of economic complexity processes and renewable energy on CO2 emissions of BRICS. What about industry 4.0?

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dc.contributor.authorBalsalobre-Lorente, Daniel
dc.contributor.authorContente dos Santos Parente, Clara
dc.contributor.authorLeitão, Nuno Carlos
dc.contributor.authorCantos-Cantos, José María
dc.date.accessioned2023-05-04T09:46:00Z
dc.date.available2023-05-04T09:46:00Z
dc.date.issued2023
dc.description.abstractThis study analyses the relationship between carbon dioxide emissions per capita, the economic complexity index, renewable energy, and inward foreign direct investment using panel data for the BRICS countries from 1995 to 2020. Empirical results confirm that the environmental Kuznets curve is fulfilled, with a positive but decreasing contribution of economic development on environmental deterioration, to the point that neutrality on CO2 emissions can be achieved in the long term. In addition, the results confirm, in this case, the Pollution Haven Hypothesis, that is, the set of BRICS economies chooses to apply regulations that do not respect the environment. The results of other econometric studies support this study, pointing to long-run cointegration. The unit root tests and the variance inflation test also point to stationarity at the first difference and a lack of multicollinearity, respectively. Finally, given the scarcity of empirical studies, this study adopts an incipient methodology to approximate the impact of the technologies associated with Industry 4.0 on carbon emissions, obtaining evidence that their effect on environmental deterioration is very moderate. In addition, the results suggest that, in the long term, these technologies can contribute to achieving the neutrality of polluting emissions.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationBalsalobre-Lorente, D., Parente, C., Leitão, N. & Cantos, J. (2023). The influence of economic complexity processes and renewable energy on CO2 emissions of BRICS : What about industry 4.0?. Resources Policy, 82, 103547. Doi: https://doi.org/10.1016/j.resourpol.2023.103547.pt_PT
dc.identifier.doi10.1016/j.resourpol.2023.103547pt_PT
dc.identifier.issn0301-4207
dc.identifier.urihttp://hdl.handle.net/10400.15/4434
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherElsevierpt_PT
dc.relation.publisherversionhttps://www.sciencedirect.com/science/article/pii/S0301420723002581?via%3Dihubpt_PT
dc.subjectCarbon dioxidept_PT
dc.subjectRenewable energypt_PT
dc.subjectECIpt_PT
dc.subjectFDIpt_PT
dc.subjectBRICSpt_PT
dc.subjectIndustry 4.0pt_PT
dc.titleThe influence of economic complexity processes and renewable energy on CO2 emissions of BRICS. What about industry 4.0?pt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.titleResources Policypt_PT
oaire.citation.volume82pt_PT
person.familyNameLeitão
person.givenNameNuno Carlos
person.identifier.orcid0000-0002-7602-2615
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication59b3a478-abed-4851-a925-fe8d133213c5
relation.isAuthorOfPublication.latestForDiscovery59b3a478-abed-4851-a925-fe8d133213c5

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