Does freight and passenger transportation industries are sustainable in BRICS countries? Evidence from advance panel estimations
Freight and passenger transportation profoundly impacts environmental degradation due to the higher fossil fuel consumption and respective emissions. Therefore, this study explores the impact of freight and passenger transportation on environmental pollution (particulate matter 2.5(PM 2.5)) in BRICS...
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Taylor & Francis Group
2021
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oai:doaj.org-article:f42da39ed6db422eaccedb3ab34e13ac2021-11-17T14:21:55ZDoes freight and passenger transportation industries are sustainable in BRICS countries? Evidence from advance panel estimations1331-677X1848-966410.1080/1331677X.2021.2002708https://doaj.org/article/f42da39ed6db422eaccedb3ab34e13ac2021-11-01T00:00:00Zhttp://dx.doi.org/10.1080/1331677X.2021.2002708https://doaj.org/toc/1331-677Xhttps://doaj.org/toc/1848-9664Freight and passenger transportation profoundly impacts environmental degradation due to the higher fossil fuel consumption and respective emissions. Therefore, this study explores the impact of freight and passenger transportation on environmental pollution (particulate matter 2.5(PM 2.5)) in BRICS countries using annual data from 1990 to 2018. We employed various advanced econometric approaches to handle issues arising from panel data, such as the presence of unit root, cross-sectional dependency, structural break, and parameters heterogeneity. The overall results show that freight and passenger transportation significantly contribute to a higher concentration of PM 2.5; however, the impact of freight transportation is almost double that of passenger transportation. Similarly, economic growth also caused higher environmental pollution. Moreover, this study confirms the presence of the Environmental Kuznets Curve hypothesis in the long run. These results provide valuable suggestions to achieve a sustainable environment.Huixin ZhangAsif RazzaqIrem PelitEsma IrmakTaylor & Francis Grouparticleenvironmental sustainabilityfreight and passenger transportationeconomic growthenvironmental kuznets curveparticulate matter 2.5Economic growth, development, planningHD72-88Regional economics. Space in economicsHT388ENEkonomska Istraživanja, Vol 0, Iss 0, Pp 1-21 (2021) |
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environmental sustainability freight and passenger transportation economic growth environmental kuznets curve particulate matter 2.5 Economic growth, development, planning HD72-88 Regional economics. Space in economics HT388 |
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environmental sustainability freight and passenger transportation economic growth environmental kuznets curve particulate matter 2.5 Economic growth, development, planning HD72-88 Regional economics. Space in economics HT388 Huixin Zhang Asif Razzaq Irem Pelit Esma Irmak Does freight and passenger transportation industries are sustainable in BRICS countries? Evidence from advance panel estimations |
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Freight and passenger transportation profoundly impacts environmental degradation due to the higher fossil fuel consumption and respective emissions. Therefore, this study explores the impact of freight and passenger transportation on environmental pollution (particulate matter 2.5(PM 2.5)) in BRICS countries using annual data from 1990 to 2018. We employed various advanced econometric approaches to handle issues arising from panel data, such as the presence of unit root, cross-sectional dependency, structural break, and parameters heterogeneity. The overall results show that freight and passenger transportation significantly contribute to a higher concentration of PM 2.5; however, the impact of freight transportation is almost double that of passenger transportation. Similarly, economic growth also caused higher environmental pollution. Moreover, this study confirms the presence of the Environmental Kuznets Curve hypothesis in the long run. These results provide valuable suggestions to achieve a sustainable environment. |
format |
article |
author |
Huixin Zhang Asif Razzaq Irem Pelit Esma Irmak |
author_facet |
Huixin Zhang Asif Razzaq Irem Pelit Esma Irmak |
author_sort |
Huixin Zhang |
title |
Does freight and passenger transportation industries are sustainable in BRICS countries? Evidence from advance panel estimations |
title_short |
Does freight and passenger transportation industries are sustainable in BRICS countries? Evidence from advance panel estimations |
title_full |
Does freight and passenger transportation industries are sustainable in BRICS countries? Evidence from advance panel estimations |
title_fullStr |
Does freight and passenger transportation industries are sustainable in BRICS countries? Evidence from advance panel estimations |
title_full_unstemmed |
Does freight and passenger transportation industries are sustainable in BRICS countries? Evidence from advance panel estimations |
title_sort |
does freight and passenger transportation industries are sustainable in brics countries? evidence from advance panel estimations |
publisher |
Taylor & Francis Group |
publishDate |
2021 |
url |
https://doaj.org/article/f42da39ed6db422eaccedb3ab34e13ac |
work_keys_str_mv |
AT huixinzhang doesfreightandpassengertransportationindustriesaresustainableinbricscountriesevidencefromadvancepanelestimations AT asifrazzaq doesfreightandpassengertransportationindustriesaresustainableinbricscountriesevidencefromadvancepanelestimations AT irempelit doesfreightandpassengertransportationindustriesaresustainableinbricscountriesevidencefromadvancepanelestimations AT esmairmak doesfreightandpassengertransportationindustriesaresustainableinbricscountriesevidencefromadvancepanelestimations |
_version_ |
1718425521110384640 |