Effects of Economic Growth and Energy Consumptions on Environmental Degradation within the Framework of LCC Hypothesis in BRICS Countries
The purpose of this study is to analyze the effects of economic growth, nuclear energy consumption, renewable energy consumption, and hydropower energy consumption on environmental degradation within the framework of the LCC Hypothesis in BRICS countries during the period of 1993-2022. This study ai...
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| Format: | Article |
| Language: | English |
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Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house
2025-03-01
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| Series: | Scientific Annals of Economics and Business |
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| Online Access: | https://saeb.feaa.uaic.ro/index.php/saeb/article/view/2798 |
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| author | Mehmet Uçar Mücahit Ülger Mert Anıl Atamer |
| author_facet | Mehmet Uçar Mücahit Ülger Mert Anıl Atamer |
| author_sort | Mehmet Uçar |
| collection | DOAJ |
| description | The purpose of this study is to analyze the effects of economic growth, nuclear energy consumption, renewable energy consumption, and hydropower energy consumption on environmental degradation within the framework of the LCC Hypothesis in BRICS countries during the period of 1993-2022. This study aims to make a significant contribution to the literature by simultaneously discussing the effects of hydropower, nuclear, and renewable energy consumption on the load capacity factor in addition to the LCC Hypothesis for the BRICS countries for the first time. Due to the autocorrelation and heteroscedasticity problem, the FGLS (Feasible Generalized Least Square) method was used in the estimated model. According to empirical findings, the LCC hypothesis is not valid in the sample group countries. It was determined that hydropower energy consumption increases the load capacity factor, whereas nuclear energy consumption decreases the load capacity factor. No relationship was found between renewable energy consumption and the load capacity factor. These findings provide important information about the effects of energy consumption strategies of BRICS countries on environmental sustainability. |
| format | Article |
| id | doaj-art-c876ee41c31048fe8904c3b4e4202f84 |
| institution | DOAJ |
| issn | 2501-3165 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house |
| record_format | Article |
| series | Scientific Annals of Economics and Business |
| spelling | doaj-art-c876ee41c31048fe8904c3b4e4202f842025-08-20T02:41:24ZengEditura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing houseScientific Annals of Economics and Business2501-31652025-03-0172111910.47743/saeb-2025-00021829Effects of Economic Growth and Energy Consumptions on Environmental Degradation within the Framework of LCC Hypothesis in BRICS CountriesMehmet Uçar0Mücahit Ülger1Mert Anıl Atamer2Nevşehir Hacı Bektaş Veli University, Gülşehir Vocational School, NevşehirKırşehir Ahi Evran University, Mucur Vocational School, KırşehirNevşehir Hacı Bektaş Veli University, Gülşehir Vocational School, NevşehirThe purpose of this study is to analyze the effects of economic growth, nuclear energy consumption, renewable energy consumption, and hydropower energy consumption on environmental degradation within the framework of the LCC Hypothesis in BRICS countries during the period of 1993-2022. This study aims to make a significant contribution to the literature by simultaneously discussing the effects of hydropower, nuclear, and renewable energy consumption on the load capacity factor in addition to the LCC Hypothesis for the BRICS countries for the first time. Due to the autocorrelation and heteroscedasticity problem, the FGLS (Feasible Generalized Least Square) method was used in the estimated model. According to empirical findings, the LCC hypothesis is not valid in the sample group countries. It was determined that hydropower energy consumption increases the load capacity factor, whereas nuclear energy consumption decreases the load capacity factor. No relationship was found between renewable energy consumption and the load capacity factor. These findings provide important information about the effects of energy consumption strategies of BRICS countries on environmental sustainability.https://saeb.feaa.uaic.ro/index.php/saeb/article/view/2798lcc hypothesisnuclear energy consumptionrenewable energy consumptionhydropower energy consumptioneconomic growth. |
| spellingShingle | Mehmet Uçar Mücahit Ülger Mert Anıl Atamer Effects of Economic Growth and Energy Consumptions on Environmental Degradation within the Framework of LCC Hypothesis in BRICS Countries Scientific Annals of Economics and Business lcc hypothesis nuclear energy consumption renewable energy consumption hydropower energy consumption economic growth. |
| title | Effects of Economic Growth and Energy Consumptions on Environmental Degradation within the Framework of LCC Hypothesis in BRICS Countries |
| title_full | Effects of Economic Growth and Energy Consumptions on Environmental Degradation within the Framework of LCC Hypothesis in BRICS Countries |
| title_fullStr | Effects of Economic Growth and Energy Consumptions on Environmental Degradation within the Framework of LCC Hypothesis in BRICS Countries |
| title_full_unstemmed | Effects of Economic Growth and Energy Consumptions on Environmental Degradation within the Framework of LCC Hypothesis in BRICS Countries |
| title_short | Effects of Economic Growth and Energy Consumptions on Environmental Degradation within the Framework of LCC Hypothesis in BRICS Countries |
| title_sort | effects of economic growth and energy consumptions on environmental degradation within the framework of lcc hypothesis in brics countries |
| topic | lcc hypothesis nuclear energy consumption renewable energy consumption hydropower energy consumption economic growth. |
| url | https://saeb.feaa.uaic.ro/index.php/saeb/article/view/2798 |
| work_keys_str_mv | AT mehmetucar effectsofeconomicgrowthandenergyconsumptionsonenvironmentaldegradationwithintheframeworkoflcchypothesisinbricscountries AT mucahitulger effectsofeconomicgrowthandenergyconsumptionsonenvironmentaldegradationwithintheframeworkoflcchypothesisinbricscountries AT mertanılatamer effectsofeconomicgrowthandenergyconsumptionsonenvironmentaldegradationwithintheframeworkoflcchypothesisinbricscountries |