Arbeitspapier
Wealth inequality and CO2 emissions in emerging economies: The case of BRICS
As the world battles with the triple problems of social, economic, and environmental challenges, it has become important to focus both policy and research efforts on these. Therefore, this study examines the effect of wealth inequality on CO2 emissions in five emerging economies: Brazil, Russia, India, China, and South Africa. The top decile of wealth share was used as a measure of wealth inequality, while CO2 emissions per capita were used as a measure of CO2 emissions. GDP per capita, population, and financial development (domestic credit to the private sector) were included as control variables. A balanced panel dataset of annual observations from 2000 to 2014 for these countries was used. Both fixed and random effects panel models were estimated, but the Hausman test favoured the use of the fixed effects model. The results based on the fixed effects panel regression model show that wealth inequality, GDP per capita, and population have positive effects on CO2 emissions, while financial development has a negative effect.
- ISBN
-
978-92-9256-918-1
- Sprache
-
Englisch
- Erschienen in
-
Series: WIDER Working Paper ; No. 2020/161
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Personal Income, Wealth, and Their Distributions
Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
Climate; Natural Disasters and Their Management; Global Warming
- Thema
-
CO2 emissions
emerging economies
fixed effects
random effects
wealth inequality
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Aye, Goodness C.
- Ereignis
-
Veröffentlichung
- (wer)
-
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (wo)
-
Helsinki
- (wann)
-
2020
- DOI
-
doi:10.35188/UNU-WIDER/2020/918-1
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Aye, Goodness C.
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Entstanden
- 2020
Ähnliche Objekte (12)
Industrial growth and emissions in emerging economies : decomposition of manufacturing CO2-emissions from fuel combustion
Wealth effects in emerging market economies
Efficient CO2 emissions control with national emissions taxes and international emissions trading
Investigating a threshold effect in twin deficit hypothesis: Evidence from the BRICS economies
Energy economics : CO2 emissions in China
Correcting Consumer Misperceptions about CO2 Emissions
The causal linkages between sovereign CDS prices for the BRICS and major European economies
The causal linkages between sovereign CDS prices for the BRICS and major European economies
The causal linkages between sovereign CDS prices for the BRICS and major European economies
Exploring technology upgrading of emerging economies: From ‘shifting wealth I’ to ‘shifting wealth II’?
Housing tenure and wealth distribution in life-cycle economies
Market Power, International CO2 Taxation and Petroleum Wealth
Industrial growth and emissions in emerging economies : decomposition of manufacturing CO2-emissions from fuel combustion
Wealth effects in emerging market economies
Efficient CO2 emissions control with national emissions taxes and international emissions trading
Investigating a threshold effect in twin deficit hypothesis: Evidence from the BRICS economies
Energy economics : CO2 emissions in China
Correcting Consumer Misperceptions about CO2 Emissions
The causal linkages between sovereign CDS prices for the BRICS and major European economies
The causal linkages between sovereign CDS prices for the BRICS and major European economies
The causal linkages between sovereign CDS prices for the BRICS and major European economies
Exploring technology upgrading of emerging economies: From ‘shifting wealth I’ to ‘shifting wealth II’?
Housing tenure and wealth distribution in life-cycle economies
Market Power, International CO2 Taxation and Petroleum Wealth
Industrial growth and emissions in emerging economies : decomposition of manufacturing CO2-emissions from fuel combustion
Wealth effects in emerging market economies
Efficient CO2 emissions control with national emissions taxes and international emissions trading
Investigating a threshold effect in twin deficit hypothesis: Evidence from the BRICS economies
Energy economics : CO2 emissions in China
Correcting Consumer Misperceptions about CO2 Emissions
The causal linkages between sovereign CDS prices for the BRICS and major European economies
The causal linkages between sovereign CDS prices for the BRICS and major European economies
The causal linkages between sovereign CDS prices for the BRICS and major European economies
Exploring technology upgrading of emerging economies: From ‘shifting wealth I’ to ‘shifting wealth II’?
Housing tenure and wealth distribution in life-cycle economies