Time Series Analysis and Forecasting of Carbon Dioxide Emissions: A Case of Kenya’s Savanna Grasslands
Dennis Olila () and
Oliver V. Wasonga
No 246394, 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia from African Association of Agricultural Economists (AAAE)
Abstract:
Climate change and climate variability is perhaps one of the major challenges facing the world today. There is an equivocal agreement that climate change is not only a threat to the economies of developing world, but also to those of the developed economies. One of the key drivers of global warming is the greenhouse gas (GHG) emissions. Even though several studies have in the recent past evaluated various sources of GHG emissions and their associated impacts, little empirical information exists on the role played by burning savanna grasslands as far as global warming is concerned. This study is an attempt to determine the emission pattern over time and consequently forecast the linear trend in GHG emissions from the Kenya’ Savanna. Using Autoregressive (AR) modelling, the study analyzes and forecasts time series data ranging from the year 1993 to 2012. The key finding of the study indicate that emissions resulting from continual burning of Savanna grasslands will continue in an upward trend if no serious mitigation measure is put in place to revert the statusquo. Averting the current state of affairs requires policies aimed at reducing the levels of GHGs in the atmosphere for instance promotion of Climate Smart Agricultural (CSA) Practices.
Keywords: Environmental Economics and Policy; Land Economics/Use; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 23
Date: 2016-09
New Economics Papers: this item is included in nep-ene and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaae16:246394
DOI: 10.22004/ag.econ.246394
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