Assessing the role of ecological innovation and economic growth in enhancing educational performance: evidence of BRICS countries

Abstract

Science symbolises education as an integral element in attaining environmental sustainability. Even after having elite-level human intelligence, this universe faces adverse effects of ecological deprivation. Therefore, this study specifically investigates the role of ecological innovation and economic growth on educational performance in BRICS nations. The present study selected the recent year’s data of BRICS nations to explore the repercussions of ecological innovation and the countries’ GDP income, and chooses the potential statistical technique name CS-ARDL method. In addition, this study uses other testing tools such as the CD test, unit root analysis tests, Westerlund and Edgerton test, and Bai and Silvestre-I-Carrion cointegration test to explore the role of these variables on educational performance. The estimated outcomes of the unit root test and CD test signify the structural breaks and heterogeneity in the data, but later Pesaran and Yamagata (2008) test resolved the relative issues. Therefore, long-run and short-run analyses of the CS-ARDL method identified the positive and significant affluence of ecological innovation (GIN) and economic growth (GDP) on educational performance (EDU). Thus, some dynamic policies are introduced in the below section to nourish the educational system of BRICS countries with the help of ecological innovation and economic progression.