Environmental Kuznets Curve for Extended Brics Economies: Do Women Governance and Water Stress Matter?

Authors

  • Massimiliano Caporin Department of Statistical Sciences, University of Padova, Padova PD, Italy
  • Muhammad Shahbaz School of Economics, Beijing Institute of Technology, Beijing, China; & GUST Center for Sustainable Development, Gulf University for Science and Technology, Hawally, Kuwait; & Department of Land Economy, University of Cambridge, Cambridge, United Kingdom
  • Bekhzod Kuziboev Department of Economics, Urgench State University, Urgench, Uzbekistan; & Department of Trade, Tourism and Languages, University of South Bohemia, České Budějovice, Czech Republic
  • Manzura Masharipova Department of Economics, Mamun University, Khiva, Uzbekistan
  • Sherali Allaberganov Faculty of Socio-economic Sciences, Urgench State University, Urgench, Uzbekistan
  • Samariddin Makhmudov International School of Finance and Technology, Tashkent, Uzbekistan; & Alfraganus University, Tashkent, Uzbekistan

DOI:

https://doi.org/10.32479/ijeep.16894

Keywords:

Extended BRICS, Environmental Kuznets Curve, Women Governance, Water Stress, VECM, MMQR

Abstract

Environmental Kuznets Curve (EKC) for extended BRICS is examined by considering different shapes such as liner, U-and N-shaped, and the impact of women’s governance and water stress. To calculate cointegrating regressions, a Fully Modified Ordinary Least Squares (FMOLS) is applied, and the estimated long-term relations are included in a panel Vector Error Correction model. Moreover, Methods of Moments of Quantile Regression (MMQR) is run to robust the findings. The FMOLS results indicate the validation of the linear EKC association for extended BRICS compared to other relations, the U- and N-shaped. This is attributed to the reason that the extended BRICS nations are in the earlier stages of the EKC. It is observed that per capita gross domestic product increases CO2 emissions in the long term, whereas women’s governance and water stress decrease CO2 emissions in the long term in extended BRICS. Furthermore, there exists a causal association between per capita GDP, women’s governance, water stress, and CO2 emissions. MMQR results also validate the negative association between CO2 emissions, women governance and water stress across all the quantiles, 10%-90%.

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Published

2024-11-01

How to Cite

Caporin, M., Shahbaz, M., Kuziboev, B., Masharipova, M., Allaberganov, S., & Makhmudov, S. (2024). Environmental Kuznets Curve for Extended Brics Economies: Do Women Governance and Water Stress Matter?. International Journal of Energy Economics and Policy, 14(6), 174–183. https://doi.org/10.32479/ijeep.16894

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Articles