The capital investment channel of environmental improvement: evidence from BRICS

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dc.contributor.authorMesagan, E.P.
dc.contributor.authorIsola, W.A.
dc.contributor.authorAjide, K.B.
dc.date.accessioned2022-01-02T16:21:59Z
dc.date.available2022-01-02T16:21:59Z
dc.date.issued2019
dc.descriptionScholarly articlesen_US
dc.description.abstractThis study focuses on the channel for improving environmental quality in Brazil, Russia, India, China and South Africa (BRICS). Hence, we interact non-renewable electricity consumption with capital investment to determine the mediating role of capital investment in the nexus between electricity consumption and carbon emission in BRICS. This study applies the fully modified and the dynamic ordinary least squares techniques to conduct this scientific enquiry, and the result suggests that electricity consumption and growth positively and significantly enhance the level of emissions, while capital investment significantly reduces the level of emissions in BRICS. Also, capital investment interacts with non-renewable electricity consumption to improve environmental quality in both approaches employed, thereby reversing the earlier increase in emissions caused by electricity consumption. In addition, we confirm the proposition of the environmental Kuznets curve in BRICS and conclude that capital investment is an important channel for improving environmental quality.en_US
dc.identifier.citationMesagan, E.P., Isola, W.A. & Ajide, K.B. (2019). The capital investment channel of environmental improvement: evidence from BRICS, Environ Dev Sustain, 21, 1561-1582en_US
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/9905
dc.language.isoenen_US
dc.publisherEnviron Dev Sustainen_US
dc.subjectElectricity consumptionen_US
dc.subjectCapital investmenten_US
dc.subjectGrowthen_US
dc.subjectEnvironmental qualityen_US
dc.subjectResearch Subject Categories::SOCIAL SCIENCES::Business and economics::Economicsen_US
dc.titleThe capital investment channel of environmental improvement: evidence from BRICSen_US
dc.typeArticleen_US
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