Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/323108 
Authors: 
Year of Publication: 
2022
Citation: 
[Journal:] Ekonomika [ISSN:] 2424-6166 [Volume:] 101 [Issue:] 1 [Year:] 2022 [Pages:] 62-83
Publisher: 
Vilnius University Press, Vilnius
Abstract: 
The main purpose of this study is to investigate the role of income inequality, per capita renewable and per capita non-renewable energy consumption, per capita income on poverty reduction in BRICS (Brazil, Russia, India, China, South Africa) countries over the period between 1991-2019. This study used second-generation panel data methodologies taking into account cross-dependence between countries, which gives more accurate results. The outcomes of the panel ARDL unveiled that while an increase in income inequality and per capita non-renewable energy consumption increases poverty, an increase in growth and per capita renewable energy consumption decreases poverty. Based on the findings, policymakers should focus their efforts on developing an appropriate energy strategy that highlights the necessity of a renewable energy-driven economy powered by energy-saving technologies.
Subjects: 
poverty
energy consumption
income inequality
panel ARDL
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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