
doi: 10.64229/mb4msh74
This study investigates the relationship between environmental taxation, economic growth, and CO2 emissions in BRICS countries (Brazil, Russia, India, China, and South Africa) from 1990 to 2021 using the Autoregressive Distributed Lag (ARDL) model. The findings reveal a significant long-term cointegrating relationship among the variables, indicating that economic growth is positively correlated with CO2 emissions, consistent with the Environmental Kuznets Curve (EKC) hypothesis. Specifically, while initial economic growth leads to increased emissions, a turning point is identified beyond which further growth may contribute to emissions reduction. The analysis also highlights the effectiveness of environmental taxation in mitigating CO2 emissions, suggesting that higher tax rates are associated with lower emissions. This underscores the importance of implementing robust fiscal policies to promote sustainable development. The study concludes with policy recommendations aimed at enhancing environmental sustainability while fostering economic growth in BRICS nations, emphasizing the need for a balanced approach that integrates economic and environmental objectives.
| selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 1 | |
| popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Average | |
| influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Average | |
| impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Average |
