Nathaniel, Solomon and Barua, Suborna and Hussain, Hamid and Adeleye, Bosede Ngozi (2020) The determinants and interrelationship of carbon emissions and economic growth in African economies: Fresh insights from static and dynamic models. Journal of Public Affairs.
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Abstract
This study explores the interrelationship between CO2 emissions and economic growth in selected Africa economies from 1990 to 2014 providing evidence from both static and dynamic models. Results show that increases in energy use have a significant and positive effect on economic growth; which goes to show that growth in Africa is actually energy dependent. Further findings suggest that CO2 emissions have no significant contemporaneous effect, however, a significant and negative effect at a one-period lag on economic growth. The significance of the impacts is consistently confirmed by both the static and dynamic estimations. Also, trade adds to economic growth and also contributes to environmental deterioration in Africa. There is a dire need for Africa to adjust its energy portfolio by shifting to clean energy sources which will enhance sustainable economic growth without deteriorating the environment.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Hannah Akinwumi |
| Date Deposited: | 27 May 2021 11:18 |
| Last Modified: | 27 May 2021 11:18 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/14168 |
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