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Rapid Economic Growth At The Cost Of Environment Degradation? – Panel Data Evidience From Bric Economies

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Author Info
Juan P. Chousa, ()
Artur Tamazian ()
Krishna Chaitanya Vadlamannati ()
Abstract

The paper investigates whether the decline in environmental quality in BRIC economies is due to high energy consumption level which is a resultant of rapid economic growth. We answer this using environmental, macroeconomic and financial variables along with Kyoto Protocol indicators based on panel data from 1992 to 2004.

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File URL: http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp908.pdf
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Paper provided by William Davidson Institute at the University of Michigan Stephen M. Ross Business School in its series William Davidson Institute Working Papers Series with number wp908.

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Date of creation: 01 Feb 2008
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Handle: RePEc:wdi:papers:2008-908

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Related research
Keywords: CO2 Emissions; Energy Consumption; Economic Growth; BRIC economies.;

Find related papers by JEL classification:
Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply
Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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  1. Focacci, Antonio, 2005. "Empirical analysis of the environmental and energy policies in some developing countries using widely employed macroeconomic indicators: the cases of Brazil, China and India," Energy Policy, Elsevier, vol. 33(4), pages 543-554, March. [Downloadable!] (restricted)
  2. Johansen, Soren & Juselius, Katarina, 1990. "Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 52(2), pages 169-210, May.
  3. Kouris, G., 1976. "The determinants of energy demand in the EEC area," Energy Policy, Elsevier, vol. 4(4), pages 343-355, December. [Downloadable!] (restricted)
  4. Stern, David I., 1993. "Energy and economic growth in the USA : A multivariate approach," Energy Economics, Elsevier, vol. 15(2), pages 137-150, April. [Downloadable!] (restricted)
  5. Stern, David I. & Common, Michael S. & Barbier, Edward B., 1996. "Economic growth and environmental degradation: The environmental Kuznets curve and sustainable development," World Development, Elsevier, vol. 24(7), pages 1151-1160, July. [Downloadable!] (restricted)
  6. Grossman, Gene & Krueger, Alan B, 1992. "Environmental Impacts of a North American Free Trade Agreement," CEPR Discussion Papers 644, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  7. Stern, David I., 2002. "Explaining changes in global sulfur emissions: an econometric decomposition approach," Ecological Economics, Elsevier, vol. 42(1-2), pages 201-220, August. [Downloadable!] (restricted)
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