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The rise and fall of the energy-carbon Kuznets curve: Evidence from Africa
- Publication Year :
- 2021
- Publisher :
- Yaoundé: African Governance and Development Institute (AGDI), 2021.
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Abstract
- Purpose - This paper provides an analysis of the energy-carbon Kuznets curve hypothesis (CKC) using a second-generation panel methodology. Design/methodology/approach - Specifically, we investigate whether energy consumption, natural resources, and governance explain the CKC proposition. Our empirical strategy is based on the Westerlund panel cointegration test, augmented mean group (AMG), and vector autoregressive (VAR) panel Granger-causality tests. Findings - The results suggest that the CKC hypothesis is incomplete without these mechanisms, as they play a critical role in reducing carbon emissions in Africa. We recommend improving the environmental standards and proper regulatory and monitoring systems to reduce carbon emissions and promote sustainable development in the continent. Originality/value -The study revisits the CKC hypothesis with particular emphasis on governance and more robust empirical estimation techniques.
- Subjects :
- Energy consumption
Governance
Africa
ddc:330
carbon cuts
Climate crisis
Panel analysis
Subjects
Details
- Language :
- English
- Database :
- OpenAIRE
- Accession number :
- edsair.od......1687..dc85e72233399428dea2a76b1130bf86