The Impact of Income Inequality, Renewable Energy Consumption, Non-Renewable Energy Consumption and Per Capita Income on Poverty: Evidence from BRICS Economies

The main purpose of this study is to investigate the role income inequality, per capita renewable and non-renewable energy consumption, on poverty reduction in BRICS (Brazil, Russia, India, China, South Africa) countries over period between 1991–2019. This used second-generation panel data methodologies taking into account cross-dependence countries, which gives more accurate results. outcomes ARDL unveiled that while an increase inequality consumption increases poverty, growth decreases poverty. Based findings, policymakers should focus their efforts developing appropriate strategy highlights necessity a energy-driven economy powered by energy-saving technologies.