Environmental Quality, Energy Consumption and Economic Growth: Evidence from Selected African Countries
Journal Title: Green and Low-Carbon Economy - Year 2024, Vol 2, Issue 1
Abstract
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.
Authors and Affiliations
Olugbenga Olaoye
Keywords
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- EP ID EP733713
- DOI 10.47852/bonviewGLCE3202802
- Views 41
- Downloads 1
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