EMPIRICAL ANALYSIS OF ELECTRICITY CONSUMPTION, CO2 EMISSIONS AND ECONOMIC GROWTH: EVIDENCE FROM CAMEROON
| Autor: | Jean Gaston Tamba, Zhongqun Wu, Mbanda L. Njoke |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
lcsh:GE1-350
Consumption (economics) business.industry Natural resource economics 020209 energy 02 engineering and technology 010501 environmental sciences lcsh:HD9502-9502.5 01 natural sciences lcsh:Energy industries. Energy policy. Fuel trade Energy policy Renewable energy General Energy Energy development Kuznets curve Granger causality Greenhouse gas 0202 electrical engineering electronic engineering information engineering Economics Electricity business General Economics Econometrics and Finance lcsh:Environmental sciences 0105 earth and related environmental sciences |
| Zdroj: | International Journal of Energy Economics and Policy, Vol 9, Iss 5, Pp 63-73 (2019) |
| ISSN: | 2146-4553 1971-2014 |
| DOI: | 10.32479/ijeep.7915 |
| Popis: | This paper investigates the relationship between electricity consumption, carbon emissions and economic growth in Cameroon during the period 1971-2014. Results from Autoregressive Distributed Lag (ARDL) bounds test, confirms a positive and significant short-run as well as a long-run relationship between CO2 emissions and economic growth. Prior to the application of Toda and Yamamoto Granger causality test, the results reveal a unidirectional causality running from CO2 emissions to economic growth. Furthermore, the environmental Kuznets curve (EKC) hypothesis shows the existence of an inverted U-shaped curve relating carbon emissions rise to the continuous economic evolvement in Cameroon. However, a neutrality hypothesis holds between electricity consumption and economic growth for the period under study. The government energy policy regulations should hereby be geared at reducing Greenhouse gas (GHG) emissions from thermal power plants by boosting the evolution of other sources of renewable energy, which will lead to the amelioration of electricity access rates in the country.Keywords: Economic growth, Energy development, Carbon emissions, Energy policyJEL Classifications: O13, Q43DOI: https://doi.org/10.32479/ijeep.7915 |
| Databáze: | OpenAIRE |
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