{"title":"衔接财政分权和循环经济，促进可持续能源转型：对高度分权背景下金砖五国经济的考察","authors":"Xiuge Tan","doi":"10.1007/s10644-024-09628-7","DOIUrl":null,"url":null,"abstract":"<p>The relationship between fiscal decentralization, renewable energy, economic globalization, GDP, and energy efficiency is thoroughly examined in this paper within the framework of the BRICS countries. To decipher the intricate interplay between these key factors influencing energy efficiency, we use an empirical strategy that makes use of state-of-the-art cointegration methods and robustness tests. We confirm the presence of the environmental Kuznets curve in BRICS, illustrating that economic expansion might ultimately result in enhanced environmental results. We emphasize the significance of fiscal decentralization and renewable energy in enhancing energy efficiency while recognizing the ambivalent impact of economic globalization. The findings obtained from this research not only add to the current knowledge but also provide practical advice for policy actions targeted at fostering sustainable development and reducing environmental deterioration. Although the research focuses on BRICS, its results have potential ramifications for other growing economies globally, representing a substantial advancement toward a more sustainable and energy-efficient future.</p>","PeriodicalId":46127,"journal":{"name":"Economic Change and Restructuring","volume":null,"pages":null},"PeriodicalIF":4.0000,"publicationDate":"2024-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Bridging fiscal decentralization and circular economy for sustainable energy transition: an examination of BRICS economies in highly decentralized settings\",\"authors\":\"Xiuge Tan\",\"doi\":\"10.1007/s10644-024-09628-7\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>The relationship between fiscal decentralization, renewable energy, economic globalization, GDP, and energy efficiency is thoroughly examined in this paper within the framework of the BRICS countries. To decipher the intricate interplay between these key factors influencing energy efficiency, we use an empirical strategy that makes use of state-of-the-art cointegration methods and robustness tests. We confirm the presence of the environmental Kuznets curve in BRICS, illustrating that economic expansion might ultimately result in enhanced environmental results. We emphasize the significance of fiscal decentralization and renewable energy in enhancing energy efficiency while recognizing the ambivalent impact of economic globalization. The findings obtained from this research not only add to the current knowledge but also provide practical advice for policy actions targeted at fostering sustainable development and reducing environmental deterioration. Although the research focuses on BRICS, its results have potential ramifications for other growing economies globally, representing a substantial advancement toward a more sustainable and energy-efficient future.</p>\",\"PeriodicalId\":46127,\"journal\":{\"name\":\"Economic Change and Restructuring\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":4.0000,\"publicationDate\":\"2024-04-30\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Economic Change and Restructuring\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://doi.org/10.1007/s10644-024-09628-7\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Change and Restructuring","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1007/s10644-024-09628-7","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Bridging fiscal decentralization and circular economy for sustainable energy transition: an examination of BRICS economies in highly decentralized settings
The relationship between fiscal decentralization, renewable energy, economic globalization, GDP, and energy efficiency is thoroughly examined in this paper within the framework of the BRICS countries. To decipher the intricate interplay between these key factors influencing energy efficiency, we use an empirical strategy that makes use of state-of-the-art cointegration methods and robustness tests. We confirm the presence of the environmental Kuznets curve in BRICS, illustrating that economic expansion might ultimately result in enhanced environmental results. We emphasize the significance of fiscal decentralization and renewable energy in enhancing energy efficiency while recognizing the ambivalent impact of economic globalization. The findings obtained from this research not only add to the current knowledge but also provide practical advice for policy actions targeted at fostering sustainable development and reducing environmental deterioration. Although the research focuses on BRICS, its results have potential ramifications for other growing economies globally, representing a substantial advancement toward a more sustainable and energy-efficient future.
期刊介绍：
Economic Change and Restructuring has been accepted for SSCI and will get its first Impact Factor in 2020!Since the early 1990s fundamental changes in the world economy, under the auspices of increasing globalisation, have taken place
On one hand, the disappearance of the centrally planned economies and the progressive formation of market-oriented economies, have brought about countless systematic changes, where new economic structures, institutions, competences and skills involve complex processes, changes which are still underway and which necessitate adaptation and restructuring to form competitive market economies.
On the other hand, many developing economies are making great strides as regards economic reform and liberalisation, and are emerging as new global players. They show an innovative capacity to position themselves in the global economy and to compete with industrialised countries, which are generally believed to be witnessing the rapid erosion of their established positions. These developments are accompanied by the exacerbation of the world competition.
Both processes involve transition and the emerging economies, in searching for a new role and scope for public policies and for a new balance between public and private partnership, seem to currently be converging, especially with respect to the policies needed to create appropriate and effective market institutions and integrated reform policies, and to increase the standards of the population''s education levels.
Thus, liberalisation and development policies, in attempting to strike a difficult balance between social and environmental needs, must be integrated more coherently. This complexity calls for new analytical and empirical approaches that can explain these new phenomena, which often go beyond the over-simplified facts and conventional ''wisdom'' that emerged at the start of the transition in the early 1990s.
Economic Change and Restructuring (formerly ''Economics of Planning''), by keeping abreast of developments affecting both transitional and emerging economies, is aimed to attract original empirical and policy analysis contributions that are focused on various issues, including macroeconomic analysis, fiscal issues, finance and banking, industrial and trade development, and regional and local development issues.
The journal aspires to publish cutting edge research and to serve as a forum for economists and policymakers working in these fields.Officially cited as: Econ Change Restruct
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