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The Environmental Impacts of Human Capital in the BRICS Economies

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  • Fortune Ganda

    (Walter Sisulu University, Butterworth Campus)

Abstract

The prospects for new, decent jobs are large considering the transformation to a green economy. This article examines the environmental effects of human capital in the BRICS countries—Brazil, Russian Federation, India, China and South Africa—over the period 1990–2017. Environmental quality (deploying carbon emissions as the proxy) and environmental sustainability (utilising adjusted net savings, excluding particulate emission damage as the indicator) are identified as the dependent variables. This paper uses more recently developed econometric models, namely the Cross-sectionally Augmented Distributed Lag (CS-ARDL) method and the Dumitrescu-Hurlin causality technique to analyse the data. The findings demonstrate that human capital is significantly positively related to both environmental quality and environmental sustainability in both the short and long run. Human capital also forms a bi-directional causality relationship with environmental sustainability, and environmental quality also causes human capital (thereby showing a uni-directional causality). As such, the paper suggests that governments should develop a policy which promotes investments in greening human skills.

Suggested Citation

  • Fortune Ganda, 2022. "The Environmental Impacts of Human Capital in the BRICS Economies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 611-634, March.
    • Handle: RePEc:spr:jknowl:v:13:y:2022:i:1:d:10.1007_s13132-021-00737-6
    DOI: 10.1007/s13132-021-00737-6
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    3. Wang, Haohui & Peng, Gang & Luo, Yan & Du, Hongmei, 2023. "Asymmetric influence of renewable energy, ecological governance, and human development on green growth of BRICS countries," Renewable Energy, Elsevier, vol. 206(C), pages 1007-1019.
    4. Payab, Ahmad Haseeb & Kautish, Pradeep & Sharma, Rajesh & Siddiqui, Aaliyah & Mehta, Atul & Siddiqui, Mujahid, 2023. "Does human capital complement sustainable development goals? Evidence from leading carbon emitter countries," Utilities Policy, Elsevier, vol. 81(C).
    5. Moutinho, Victor & Santos de Oliveira, Helena M. & Viana Espinosa de Oliveira, Henrique & Puime Guillén, Félix, 2023. "The augmented and integrative model of economic growth: Theoretical and empirical evidence from USA," Socio-Economic Planning Sciences, Elsevier, vol. 89(C).
    6. Jahanger, Atif & Hossain, Mohammad Razib & Usman, Muhammad & Chukwuma Onwe, Joshua, 2023. "Recent scenario and nexus between natural resource dependence, energy use and pollution cycles in BRICS region: Does the mediating role of human capital exist?," Resources Policy, Elsevier, vol. 81(C).
    7. Barut, Abdulkadir & Kaya, Emine & Bekun, Festus Victor & Cengiz, Sevgi, 2023. "Environmental sustainability amidst financial inclusion in five fragile economies: Evidence from lens of environmental Kuznets curve," Energy, Elsevier, vol. 269(C).
    8. Abdul Haseeb & Enjun Xia & Shah Saud & Muhammad Usman & Muhammad Umer Quddoos, 2023. "Unveiling the liaison between human capital, trade openness, and environmental sustainability for BRICS economies: Robust panel‐data estimation," Natural Resources Forum, Blackwell Publishing, vol. 47(2), pages 229-256, May.
    9. Bhawna MUDGAL & Hemlata MANGLANI, 2023. "A proposal for modified human development index for BRICS countries. A holistic approach towards sustainable human development," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(3(636), A), pages 107-130, Autumn.

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