气候变化领域集成服务门户(CCPortal): Geopolitical risk and environmental degradation in BRICS: Aggregation bias and policy inference

CCPortal

DOI	10.1016/j.enpol.2022.113010
	Geopolitical risk and environmental degradation in BRICS: Aggregation bias and policy inference
	Riti J.S.; Shu Y.; Riti M.-K.J.
发表日期	2022
ISSN	0301-4215
卷号	166
英文摘要	Currently, the high incidence of environmental degradation is widely quoted as one of the key global concerns. Previous literature has examined various determinants of environmental degradation, yet, there is an inadequacy of studies on geopolitical risks (GPR) and environmental degradation nexus. Additionally, an issue of concern on aggregate estimations is aggregation bias which may cause the wrong estimation of the aggregate relationships, and mislead policymakers. This paper, therefore, investigates the impact of GPR on the environment of BRICS to assess the existence or otherwise of aggregation bias. The findings which emanate from a robust empirical estimation indicate that the relationship is positive at aggregate level while negative at disaggregated level, hence, the existence of aggregation bias in the estimation of GPR-environmental degradation relationship at the aggregate level. The results further show that the disaggregated level result does not support the aggregated level environment-GPR findings. Consequently, policy implications of aggregation bias in estimations may be drawn as follows: Since the aggregation bias may lead to a wrong environment-GPR postulation, policymakers could be misinformed by the incorrect evidence to give wrong policies about environmental concerns. Also, policymakers should consider the environment-GPR nexus at both aggregate and country-specific levels when making environmental policies. © 2022 Elsevier Ltd
英文关键词	Aggregation bias; BRICS; Environmental degradation; Geopolitical risks; PMG/ARDL estimator
语种	英语
scopus关键词	Environmental protection; Public policy; Aggregation bias; BRICS; Empirical estimations; Environmental concerns; Environmental policy; Geopolitical risks; High incidence; PMG/ARDL estimator; Policy implications; Policy makers; Aggregates
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/256174
作者单位	School of Economics and Trade, Hunan University, 2 Lushan Road, Changsha, 410082, China; Department of Economics, Faculty of Social Sciences, University of Jos930001, Nigeria; School of Economics, Hunan University, 2 Lushan Road, Changsha, 410082, China; School of Economics, Huazhong University of Science & Technology, 1037 Luoyu Road, Wuhan, 430074, China
推荐引用方式 GB/T 7714	Riti J.S.,Shu Y.,Riti M.-K.J.. Geopolitical risk and environmental degradation in BRICS: Aggregation bias and policy inference[J],2022,166.
APA	Riti J.S.,Shu Y.,&Riti M.-K.J..(2022).Geopolitical risk and environmental degradation in BRICS: Aggregation bias and policy inference.Energy Policy,166.
MLA	Riti J.S.,et al."Geopolitical risk and environmental degradation in BRICS: Aggregation bias and policy inference".Energy Policy 166(2022).