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Wealth inequality and CO2 emissions in emerging economies: The case of BRICS

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  • Goodness C. Aye

Abstract

As the world battles with the triple problems of social, economic, and environmental challenges, it has become important to focus both policy and research efforts on these. Therefore, this study examines the effect of wealth inequality on CO 2 emissions in five emerging economies: Brazil, Russia, India, China, and South Africa. The top decile of wealth share was used as a measure of wealth inequality, while CO 2 emissions per capita were used as a measure of CO 2 emissions.

Suggested Citation

  • Goodness C. Aye, 2020. "Wealth inequality and CO2 emissions in emerging economies: The case of BRICS," WIDER Working Paper Series wp-2020-161, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2020-161
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2020-161.pdf
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    References listed on IDEAS

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    3. Shahbaz, Muhammad & Hye, Qazi Muhammad Adnan & Tiwari, Aviral Kumar & Leitão, Nuno Carlos, 2013. "Economic growth, energy consumption, financial development, international trade and CO2 emissions in Indonesia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 25(C), pages 109-121.
    4. Nicole Grunewald & Stephan Klasen & Inmaculada Martínez-Zarzoso & Chris Muris, 2011. "Income inequality and carbon emissions," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 92, Courant Research Centre PEG.
    5. Abbasi, Faiza & Riaz, Khalid, 2016. "CO2 emissions and financial development in an emerging economy: An augmented VAR approach," Energy Policy, Elsevier, vol. 90(C), pages 102-114.
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    Cited by:

    1. Natalia Davidson & Oleg Mariev & Sophia Turkanova, 2021. "Does income inequality matter for CO2 emissions in Russian regions?," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 16(3), pages 533-551, September.

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    More about this item

    Keywords

    Emissions; Fixed effects; Random effects; Wealth inequality;
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