Green and Low-Carbon Economy · 2023 · 22 citations · 21 references
Social SciencesDevelopment StudiesEnvironmental PolicyEconomic DevelopmentEnvironmental EconomicsSustainable DevelopmentAfrican Environmental StudiesEnvironmental QualityEnvironmental SustainabilitySustainable Development EconomicsSustainable Development GoalsEconomic Growth StrategyEconomic Sustainability PerformanceEnergy ConsumptionGrowth Performance AssessmentGrowth Performance EnhancementPanel Data EstimationPanel Data RegressionSustainable Economic Growth
This study examines the nexus between environmental quality, energy consumption and growth performance between 1981 and 2019 in selected African Countries. The study adopts the Co-integration analytical technique based on the framework of FMOLS and DOLS to analyse the panel data. The empirical finding shows that environmental quality (CO2 Emission) positively and significantly impacts economic growth in Africa. Similarly, energy consumption impacts economic growth positively and significantly. Also, the interaction of environmental quality and energy consumption positively and significantly propel economic growth. The FMOL evidence indicates that all the key variables are significant at 1% critical value. Therefore, the study recommends that African countries be committed to sustainable measures towards sustainable economic growth and development based on Africa's aspiration by 2063 to attain growth and a quality environment. Received: 27 February 2023 | Revised: 11 April 2023 | Accepted: 21 April 2023 Conflicts of Interest The author declares that he has no conflicts of interest to this work. Data Availability Statement Data sharing not applicable – no new data generated.
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Testing for unit roots in heterogeneous panels
Kyung So Im, M. Hashem Pesaran, Yongcheol Shin · Journal of Econometrics · 2003 · 15K citations · Full text
Festus Víctor Bekun, Andrew Adewale Alola, Samuel Asumadu Sarkodie · The Science of The Total Environment · 2018 · 1.4K citations
Social Sciences, Environmental Policy, Resource Economics +15