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Time-Frequency Co-Movements Between Biomass Energy Consumption and Human Development in Brics Countries

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Warianty tytułu
PL
Relacja czasowo-częstotliwościowa pomiędzy zużyciem energii z biomasy a rozwojem człowieka w krajach grupy Brics
Języki publikacji
EN
Abstrakty
EN
This paper aims to investigate the influence of biomass energy consumption on human development in BRICS countries in the frequency-time domain using the wavelet frameworks. Specifically, the wavelet coherency method of Rua (2013) and the wavelet-Granger causality test of Olayeni (2016) are utilized to quantify the strength and direction of causal relationships through time and across various frequencies simultaneously. The empirical find-ings uncovered that the causal linkages between human development and biomass energy consumption in the BRICS countries are not homogeneous in different time and frequency scales. We also discover the strong relationship between the two variables in China, Russia, Brazil, and South Africa after the global financial crisis 2008 at low and medium frequencies, while this connection is somewhat low in India over the sample period. This study suggests the importance of biomass energy for human development in BRICS countries.
PL
Niniejszy artykuł ma na celu zbadanie wpływu zużycia energii z biomasy na rozwój człowieka w krajach grupy BRICS w relacji częstotliwościowo-czasowej przy użyciu ram falkowych. W szczególności wykorzystano metodę koherencji falkowej Rua (2013) i test przyczynowości falkowej-Grangera Olayeni (2016) do ilościowego określenia siły i kierunku związków przyczynowych w czasie i na różnych częstotliwościach jednocześnie. Wyniki empiryczne ujawniły, że powiązania przyczynowe między rozwojem społecznym a zużyciem energii z biomasy w krajach BRICS nie są jednorodne w różnych skalach czasu i częstotliwości. Wykazano również silny związek między dwiema zmiennymi w Chinach, Rosji, Brazylii i RPA po globalnym kryzysie finansowym w 2008 r. przy niskich i średnich częstotliwościach, podczas gdy związek ten w Indiach jest niski w tym okresie próby. Niniejsze badanie sugeruje duże znaczenie energii z biomasy dla rozwoju człowieka w krajach BRICS.
Czasopismo
Rocznik
Strony
196--210
Opis fizyczny
Bibliogr. 27 poz., fig., tab.
Twórcy
  • University of Finance-Marketing, Faculty of Economics and Law, aHo Chi Minh City, Vietnam
Bibliografia
  • 1. ADEWUYI A. O., AWODUMI O. B., 2017, Biomass energy consumption, economic growth and carbon emissions: fresh evidence from West Africa using a simultaneous equation model, Energy, 119: 453-471.
  • 2. AYDIN M., 2019, The effect of biomass energy consumption on economic growth in BRICS countries: A country-specific panel data analysis, Renewable energy, 138: 620-627.
  • 3. ADEBAYO T. S., 2021, Do CO2 emissions, energy consumption and globalization promote economic growth? Empirical evidence from Japan, Environmental Science and Pollution Research: 1-16.
  • 4. BILDIRICI M., ÖZAKSOY F., 2018, An analysis of biomass consumption and economic growth in transition countries, Economic research/ Ekonomska istraživanja, 31(1): 386-405.
  • 5. BILGILI F., KOÇAK E., BULUT Ü., KUŞKAYA S., 2017, Can biomass energy be an efficient policy tool for sustainable development?, Renewable and Sustainable Energy Reviews, 71: 830-845.
  • 6. DIAS R. A., MATTOS C. R., BALESTIERI J. A., 2006, The limits of human development and the use of energy and natural resources, Energy Policy, 34(9): 1026-1031.
  • 7. DRASTICHOVÁ M., FILZMOSER P., 2019, Assessment of sustainable development using cluster analysis and principal component analysis, Problemy Ekorozwoju/ Problems of Sustainable Development, 14(2): 7-24.
  • 8. HUNG N. T., 2021, Effect of economic indicators, biomass energy on human development in China, Energy & Environment: 0958305X211022040.
  • 9. HUNG N. T., 2020, Volatility spillovers and timefrequency correlations between Chinese and African stock markets, Regional Statistics, 10(02): 63-82.
  • 10. KHAN N. H., JU Y., HASSAN S. T., 2019, Investigating the determinants of human development index in Pakistan: an empirical analysis, Environmental Science and Pollution Research, 26(19): 19294-19304.
  • 11. MARTINEZ D. M., EBENHACK B. W., 2008, Understanding the role of energy consumption in human development through the use of saturation phenomena, Energy Policy, 36(4): 1430-1435.
  • 12. PIRLOGEA C., 2012, The human development relies on energy. Panel data evidence, Procedia economics and Finance, 3: 496-501.
  • 13. OZTURK I., BILGILI F., 2015, Economic growth and biomass consumption nexus: Dynamic panel analysis for Sub-Sahara African countries, Applied Energy, 137: 110-116.
  • 14. OUEDRAOGO N. S., 2013, Energy consumption and human development: Evidence from a panel cointegration and error correction model, Energy, 63:28-41.
  • 15. OLAYENI O. R., 2016, Causality in continuous wavelet transform without spectral matrix factorization: theory and application, Computational Economics, 47(3): 321-340.
  • 16. REITER S. L., STEENSMA H. K., 2010, Human development and foreign direct investment in developing countries: the influence of FDI policy and corruption, World development, 38(12): 1678-1691.
  • 17. RUA A., 2013, Worldwide synchronization since the nineteenth century: a wavelet-based view, Applied Economics Letters, 20(8): 773-776.
  • 18. SHAHBAZ M., RASOOL G., AHMED K., MAHALIK, M. K., 2016, Considering the effect of biomass energy consumption on economic growth: fresh evidence from BRICS region, Renewable and Sustainable Energy Reviews, 60: 1442-1450.
  • 19. SINHA A., SEN S., 2016, Atmospheric consequences of trade and human development: A case of BRIC countries, Atmospheric Pollution Research, 7(6): 980-989.
  • 20. SHAHBAZ M., RASOOL G., AHMED, K., MAHALIK M. K., 2016, Considering the effect of biomass energy consumption on economic growth: fresh evidence from BRICS region, in: Renewable and Sustainable Energy Reviews, 60: 1442-1450.
  • 21. SHARIF A., AFSHAN S., QURESHI M. A., 2019, Idolization and ramification between globalization and ecological footprints: evidence from quantile-onquantile approach, Environmental Science and Pollution Research, 26(11): 11191-11211.
  • 22. SHAHBAZ M., LAHIANI A., ABOSEDRA S., HAMMOUDEH S., 2018, The role of globalization in energy consumption: a quantile cointegrating regression approach, Energy Economics, 71: 161-170.
  • 23. SHARIF A., BARIS-TUZEMEN O., UZUNER G., OZTURK I., SINHA A., 2020, Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach, Sustainable Cities and Society, 57, 102138.
  • 24. WANG Z., ZHANG B., WANG B., 2018, Renewable energy consumption, economic growth and human development index in Pakistan: evidence form simultaneous equation model, Journal of cleaner production, 184: 1081-1090.
  • 25. WANG Z., BUI Q., ZHANG B., 2020, The relationship between biomass energy consumption and human development: Empirical evidence from BRICS countries, Energy, 194: 116906.
  • 26. WANG Z., 2019, Does biomass energy consumption help to control environmental pollution? Evidence from BRICS countries, Science of the total environment, 670: 1075-1083.
  • 27. WANG Z., BUI Q., ZHANG B., 2020, The relationship between biomass energy consumption and human development: Empirical evidence from BRICS countries, Energy, 194: 116906.
Uwagi
Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-e57f79d9-6d72-43e1-be84-db4ddf937faf
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