Original scientific paper
https://doi.org/10.1080/1331677X.2021.2002708
Does freight and passenger transportation industries are sustainable in BRICS countries? Evidence from advance panel estimations
Huixin Zhang
Asif Razzaq
Irem Pelit
Esma Irmak
Abstract
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.
Keywords
Environmental sustainability; freight and passenger transportation; economic growth; Environmental Kuznets curve; particulate matter 2.5
Hrčak ID:
302619
URI
Publication date:
31.3.2023.
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