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

被引:4
|
作者
Ngo Thai Hung [1 ]
机构
[1] Univ Finance Mkt, Fac Econ & Law, Ho Chi Minh City, Vietnam
来源
PROBLEMY EKOROZWOJU | 2022年 / 17卷 / 01期
关键词
biomass energy; human development; BRICS countries; wavelet analysis; sustainable development; ECONOMIC-GROWTH; FRESH EVIDENCE; POLICY;
D O I
10.35784/pe.2022.1.18
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
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 findings 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.
引用
收藏
页码:196 / 210
页数:15
相关论文
共 50 条
  • [1] The relationship between biomass energy consumption and human development: Empirical evidence from BRICS countries
    Wang, Zhaohua
    Bui, Quocviet
    Zhang, Bin
    [J]. ENERGY, 2020, 194
  • [2] Time-frequency co-movements between the largest nonferrous metal futures markets
    Kang, Sang Hoon
    Tiwari, Aviral Kumar
    Albulescu, Claudiu Tiberiu
    Yoon, Seong-Min
    [J]. RESOURCES POLICY, 2019, 61 : 393 - 398
  • [3] Oil, natural gas and BRICS stock markets: Evidence of systemic risks and co-movements in the time-frequency domain
    Mensi, Walid
    Rehman, Mobeen Ur
    Maitra, Debasish
    Al-Yahyaee, Khamis Hamed
    Xuan Vinh Vo
    [J]. RESOURCES POLICY, 2021, 72
  • [4] Time-frequency co-movements between commodities and global economic across different crises
    Arouxet, M. Belen
    Bariviera, Aurelio F.
    Pastor, Veronica E.
    Vampa, Victoria
    [J]. HELIYON, 2024, 10 (14)
  • [5] Risk co-movements and portfolio strategies between energy, gold and BRICS markets
    Younis, Ijaz
    Shah, Waheed Ullah
    Hkiri, Besma
    Qureshi, Fiza
    Cheng, Longsheng
    [J]. RESOURCES POLICY, 2023, 82
  • [6] Real growth co-movements and business cycle synchronization in the GCC countries: Evidence from time-frequency analysis
    Aloui, Chaker
    Hkiri, Besma
    Duc Khuong Nguyen
    [J]. ECONOMIC MODELLING, 2016, 52 : 322 - 331
  • [7] Measuring the extreme linkages and time-frequency co-movements among artificial intelligence and clean energy indices
    Zeng, Hongjun
    Abedin, Mohammad Zoynul
    Zhou, Xiangjing
    Lu, Ran
    [J]. INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2024, 92
  • [8] STOCK-BOND CO-MOVEMENTS AND FLIGHT-TO-QUALITY IN G7 COUNTRIES: A TIME-FREQUENCY ANALYSIS
    Bayraci, Selcuk
    Demiralay, Sercan
    Gencer, Hatice Gaye
    [J]. BULLETIN OF ECONOMIC RESEARCH, 2018, 70 (01) : E29 - E49
  • [9] Fuel price co-movements among France, Germany and Italy: A time-frequency investigation
    Albulescu, Claudiu Tiberiu
    Mutascu, Mihai Ioan
    [J]. Energy, 2021, 225
  • [10] Fuel price co-movements among France, Germany and Italy: A time-frequency investigation
    Albulescu, Claudiu Tiberiu
    Mutascu, Mihai Ioan
    [J]. ENERGY, 2021, 225