Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)

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The Impact of GDP Per Capita, Trade Openness, Environmental Policy Stringency, Population, and Renewable Energy Consumption on Carbon Emissions in The BRICS, 1990-2020

Authors
Nafasafitri Arnandiani1, *, Karsinah2
1Department of Development Economics, Faculty of Economic and Business, Universitas Negeri Semarang, Semarang, Indonesia
2Department of Development Economics, Faculty of Economic and Business, Universitas Negeri Semarang, Semarang, Indonesia
*Corresponding author. Email: nafasafitri111@students.unnes.ac.id
Corresponding Author
Nafasafitri Arnandiani
Available Online 4 October 2024.
DOI
10.2991/978-94-6463-522-5_60How to use a DOI?
Keywords
Carbon Emissions; BRICS; FMOLS
Abstract

BRICS countries collectively account for about 38% of global carbon dioxide emissions and significantly contribute to global carbon emission levels. This study aims to analyze the impact of GDP per capita, Trade Openness, Environmental Policy Stringency, Population, and Renewable Energy Consumption on Carbon Emissions in BRICS countries from 1990-2020 in the long run. FMOLS analysis is used in this study to see the long-term impact between variables. The results show that GDP per capita and population positively and significantly impact carbon emissions in the long run. Renewable energy consumption negatively and significantly impacts carbon emissions in the long run. Trade openness and environmental policy stringency have a negative and insignificant impact on carbon emissions in the long run. The Government needs to review and strengthen existing regulations and ensure better implementation of green policies.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2024
ISBN
978-94-6463-522-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-522-5_60How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Nafasafitri Arnandiani
AU  - Karsinah
PY  - 2024
DA  - 2024/10/04
TI  - The Impact of GDP Per Capita, Trade Openness, Environmental Policy Stringency, Population, and Renewable Energy Consumption on Carbon Emissions in The BRICS, 1990-2020
BT  - Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)
PB  - Atlantis Press
SP  - 792
EP  - 810
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-522-5_60
DO  - 10.2991/978-94-6463-522-5_60
ID  - Arnandiani2024
ER  -