Toward sustainable electricity consumption in Brazil: the role of economic growth, globalization and ecological footprint using a nonlinear ARDL approach

Rafindadi A. A., USMAN O.

Journal of Environmental Planning and Management, cilt.64, sa.5, ss.905-929, 2021 (SSCI) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 64 Sayı: 5
  • Basım Tarihi: 2021
  • Doi Numarası: 10.1080/09640568.2020.1791058
  • Dergi Adı: Journal of Environmental Planning and Management
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus, Academic Search Premier, International Bibliography of Social Sciences, ABI/INFORM, Aqualine, Aquatic Science & Fisheries Abstracts (ASFA), Business Source Elite, Business Source Premier, CAB Abstracts, EconLit, Environment Index, Geobase, Greenfile, PAIS International, Pollution Abstracts, Public Affairs Index, Veterinary Science Database, Civil Engineering Abstracts
  • Sayfa Sayıları: ss.905-929
  • Anahtar Kelimeler: 013, C32, ecological footprints, electricity consumption, globalization, nonlinear asymmetric causality test, Q43
  • İstanbul Ticaret Üniversitesi Adresli: Evet

Özet

This study investigates nonlinear effects of economic growth, globalization and ecological footprint on sustainable electricity consumption in Brazil using monthly time-series data from 1971M:01 to 2014M:12 and a nonlinear ARDL model. The results show that the effects of economic growth, globalization and ecological footprint on electricity consumption are asymmetric. A positive shock to economic growth increases electricity consumption more than a negative shock of the same magnitude causes electricity consumption to decline. In the case of globalization, the effect of a negative shock is stronger. Furthermore, the long-term effects of positive and negative shocks to the ecological footprint are negative but statistically significant only in the case of a positive shock while in the short term, the increasing effect of a positive shock to the ecological footprint is stronger than the reducing effect of a negative shock of the same magnitude. These findings are validated when globalization is disaggregated to economic, political and social dimensions.