Browsing by Author "Matos, Rui Filipe Marques de"
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- The repercussions of corruption on green growth: Evidence from BRICS+Publication . Matos, Rui Filipe Marques de; Marques, António Manuel CardosoCorruption is a cultural and social plague that affects the main sectors of an economy. Consequently, it is also likely to threaten environmental sustainability, where climate change is already recognized as a crucial issue for the humankind survival. With this issue in mind, this study focuses on the effects of corruption on the green growth of the existing BRICS, including its five new members that joined at the beginning of 2024. To deal with the objectives of this study, panel data is drawn up for 10 countries between 2001 and 2020. The method applied is the autoregressive distributed lag (ARDL) model, with the Driscoll-Kraay estimator accompanied by fixed effects, thus making it possible to assess the short- and long-term dynamics. The results show significant negative long-term repercussions of corruption on green growth for BRICS+, implying that countries with large corruption are unlikely to improve the environmental ramifications of accelerated economic growth. The findings underline the need to prevent corruption in order to achieve sustainable and environmentally friendly economic development, especially as the 2030 Agenda quickly arrives.