The link between carbon emissions, renewable energy consumption, and economic growth: a heterogeneous panel evidence from West Africa

The link between carbon emissions, renewable energy consumption, and economic growth: a heterogeneous panel evidence from West Africa

Mohammed Musah, Yusheng Kong, Isaac Adjei Mensah, Stephen Kwadwo Antwi, Mary Donkor

This study examined the nexus between carbon emissions, renewable energy consumption, and the economic growth of West African countries for the period 1990 to 2018. To be able to uncover reliable and valid findings, more robust panel estimation methods were employed for the study. From the heterogeneity and cross-sectional dependence tests, the study’s panels were heterogeneous and cross-sectionally dependent. Also, all the series were non-stationary at levels, but gained stationarity after first difference. Further, the Fisher test and the Westerlund and Edgerton bootstrap test found the variables to be cointegrated in the long run. The CCEMG and the DCCEMG estimators were used to explore the long-run equilibrium relationship amid the series, and from the results of the whole sample, CO2 emissions and renewable energy consumption (REC) had no vital influence on economic growth (GDP) in both …

Springer Berlin Heidelberg

2020

https://scholar.google.com/citations?view_op=view_citation&hl=en&user=-U-tBVYAAAAJ&citation_for_view=-U-tBVYAAAAJ:_FxGoFyzp5QC

English