Role of public-private partnerships investment in energy and technological innovations in driving climate change: evidence from Brazil

Ahmad, Mahmood; Raza, Muhammad Yousaf

doi:10.1007/s11356-020-09307-w

Research Article
Published: 29 May 2020

Role of public-private partnerships investment in energy and technological innovations in driving climate change: evidence from Brazil

Mahmood Ahmad¹ &
Muhammad Yousaf Raza²

Environmental Science and Pollution Research volume 27, pages 30638–30648 (2020)Cite this article

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Abstract

This study aims to examine the impact of public-private partnerships (PPP) investment in energy, technological innovations (TI), economic growth (EG), exports, and foreign direct investment (FDI) on CO₂ emissions in Brazil over the period from 1984 to 2018. In doing so, we employ the Ng-Perron unit root test to examine the stationarity and autoregressive lag distributed (ARDL) model for cointegration between CO₂ emissions and its determinants. The outcomes are as follows: first, in the long run, the PPP investment in energy deteriorates the environmental quality by increasing CO₂ emissions, while TI has a significant negative effect on CO₂ emissions. It is also found that the exports and FDI degrade the environmental quality and the relationship between EG and CO₂ emissions is inverted U-Shaped, presence of the EKC hypothesis. Second, in the short run, PPP investment in the energy sector is negatively influencing, while TI has a positive association with carbon emissions. The empirical findings provide new insights for policymakers to regulate PPP investment in the energy sector for the improvement of environmental quality in Brazil.

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School of International Trade and Economics, University of International Business and Economics, Beijing, 100029, China
Mahmood Ahmad
School of Management, Federal Urdu University of Arts Science and Technology, Islamabad, 44000, Pakistan
Muhammad Yousaf Raza

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Ahmad, M., Raza, M.Y. Role of public-private partnerships investment in energy and technological innovations in driving climate change: evidence from Brazil. Environ Sci Pollut Res 27, 30638–30648 (2020). https://doi.org/10.1007/s11356-020-09307-w

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Received: 01 April 2020
Accepted: 13 May 2020
Published: 29 May 2020
Issue Date: August 2020
DOI: https://doi.org/10.1007/s11356-020-09307-w

Keywords

Public-private partnerships investment
Energy
Technological innovations
CO₂ emissions
ARDL
Brazil