Back to Search Start Over

CARBON EMISSIONS AND ECONOMIC GROWTH IN AFRICA: ARE THEY RELATED?

Authors :
Olubusoye, Olusanya Elisa
Musa, Dasauki
Ercolano, Salvatore
Source :
Cogent Economics & Finance; Jan2020, Vol. 8 Issue 1, p1-20, 20p
Publication Year :
2020

Abstract

The study the ARDL model, Mean Group (MG), and the Pooled Mean Group (PMG) model to examine the Environemtnal Kuznets Curve (EKC) hypothesis in 43 African countries pooled into 3 income groups from 1980–2016. The EKC hypothesis is accepted in only 21% of the sample but rejected in 70% of the countries in the total sample. This result shows that carbon emissions increase as economic growth increases in 79% of the countries while economic growth will lead to lower carbon emissions in only a few countries (21%). The study concludes that an increase in economic growth will induce higher emissions in most countries in Africa. These countries should take all possible policy actions such as the massive deployment of renewable energy, carbon tax policy, and the carbon emissions trading scheme to curtain growth in carbon emission. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
23322039
Volume :
8
Issue :
1
Database :
Complementary Index
Journal :
Cogent Economics & Finance
Publication Type :
Academic Journal
Accession number :
148481524
Full Text :
https://doi.org/10.1080/23322039.2020.1850400