Evaluating the effects of public private partnership investment in energy on labor market dynamics and poverty alleviation in BRICS countries
Abstract The availability of efficient and sufficient energy infrastructure has a vital role in driving economic growth and development. In view of this, it is essential to ensure more investment in energy infrastructure. This study investigates the impact of public–private partnership (PPP) investm...
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| Format: | Article |
| Language: | English |
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Springer
2025-07-01
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| Series: | Discover Sustainability |
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| Online Access: | https://doi.org/10.1007/s43621-025-01494-1 |
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| author | Mosab I. Tabash Umar Farooq Ștefan Cristian Gherghina Manishkumar Varma Abdullah A. Aljughaiman |
| author_facet | Mosab I. Tabash Umar Farooq Ștefan Cristian Gherghina Manishkumar Varma Abdullah A. Aljughaiman |
| author_sort | Mosab I. Tabash |
| collection | DOAJ |
| description | Abstract The availability of efficient and sufficient energy infrastructure has a vital role in driving economic growth and development. In view of this, it is essential to ensure more investment in energy infrastructure. This study investigates the impact of public–private partnership (PPP) investments in the energy sector on poverty and unemployment rates in BRICS countries over a 24-year period. Employing the CS-ARDL model and validating the results using FMOLS, the analysis reveals that PPP investments in energy significantly reduce both poverty and unemployment in the long run. Furthermore, control variables such as foreign direct investment, control of corruption, and gross fixed capital formation also contribute to reducing poverty and unemployment. These findings remain robust across model specifications. The study provides important policy insights, suggesting that enhancing PPP investments in energy, alongside improved governance and strategic public spending can yield significant socio-economic benefits by reducing poverty and unemployment. This research contributes to the literature by offering empirical evidence on the socio-economic benefits of energy-focused PPPs. |
| format | Article |
| id | doaj-art-7ec731d2a2a6434dbb38776daad5bed5 |
| institution | Kabale University |
| issn | 2662-9984 |
| language | English |
| publishDate | 2025-07-01 |
| publisher | Springer |
| record_format | Article |
| series | Discover Sustainability |
| spelling | doaj-art-7ec731d2a2a6434dbb38776daad5bed52025-08-20T03:45:18ZengSpringerDiscover Sustainability2662-99842025-07-016112110.1007/s43621-025-01494-1Evaluating the effects of public private partnership investment in energy on labor market dynamics and poverty alleviation in BRICS countriesMosab I. Tabash0Umar Farooq1Ștefan Cristian Gherghina2Manishkumar Varma3Abdullah A. Aljughaiman4College of Business, Al Ain UniversitySchool of Economics and Finance, Xi’an Jiaotong UniversityDepartment of Finance, Bucharest University of Economic StudiesMIESPPU Institute of Higher EducationFinance Department, School of Business, King Faisal UniversityAbstract The availability of efficient and sufficient energy infrastructure has a vital role in driving economic growth and development. In view of this, it is essential to ensure more investment in energy infrastructure. This study investigates the impact of public–private partnership (PPP) investments in the energy sector on poverty and unemployment rates in BRICS countries over a 24-year period. Employing the CS-ARDL model and validating the results using FMOLS, the analysis reveals that PPP investments in energy significantly reduce both poverty and unemployment in the long run. Furthermore, control variables such as foreign direct investment, control of corruption, and gross fixed capital formation also contribute to reducing poverty and unemployment. These findings remain robust across model specifications. The study provides important policy insights, suggesting that enhancing PPP investments in energy, alongside improved governance and strategic public spending can yield significant socio-economic benefits by reducing poverty and unemployment. This research contributes to the literature by offering empirical evidence on the socio-economic benefits of energy-focused PPPs.https://doi.org/10.1007/s43621-025-01494-1Public–private partnership (PPPs)PPPs investment in energyUnemployment ratesPoverty ratesBRICS |
| spellingShingle | Mosab I. Tabash Umar Farooq Ștefan Cristian Gherghina Manishkumar Varma Abdullah A. Aljughaiman Evaluating the effects of public private partnership investment in energy on labor market dynamics and poverty alleviation in BRICS countries Discover Sustainability Public–private partnership (PPPs) PPPs investment in energy Unemployment rates Poverty rates BRICS |
| title | Evaluating the effects of public private partnership investment in energy on labor market dynamics and poverty alleviation in BRICS countries |
| title_full | Evaluating the effects of public private partnership investment in energy on labor market dynamics and poverty alleviation in BRICS countries |
| title_fullStr | Evaluating the effects of public private partnership investment in energy on labor market dynamics and poverty alleviation in BRICS countries |
| title_full_unstemmed | Evaluating the effects of public private partnership investment in energy on labor market dynamics and poverty alleviation in BRICS countries |
| title_short | Evaluating the effects of public private partnership investment in energy on labor market dynamics and poverty alleviation in BRICS countries |
| title_sort | evaluating the effects of public private partnership investment in energy on labor market dynamics and poverty alleviation in brics countries |
| topic | Public–private partnership (PPPs) PPPs investment in energy Unemployment rates Poverty rates BRICS |
| url | https://doi.org/10.1007/s43621-025-01494-1 |
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