Assessing the Impact of Domestic Investments and CO2 Emissions on Economic Growth in Sub-Saharan Africa: A Comprehensive Study (1990-2022)

Sayef Bakari

MPRA Paper from University Library of Munich, Germany

Abstract: In the context of this study, we aim to assess the impact of domestic investments and carbon dioxide emissions on economic growth in 48 Sub-Saharan African countries over the period 1990-2022. By employing an estimation methodology based on static gravity models (fixed and random effects) as well as the Panel GMM model (fixed and random effects), our results significantly and positively indicate that domestic investments and CO2 emissions influence economic growth. We recommend that policymakers and stakeholders in Sub-Saharan African countries take these findings into consideration when formulating economic policies. The positive and significant implications of domestic investments and CO2 emissions on economic growth underscore the importance of promoting policies that encourage appropriate levels of domestic investment and sustainable management of CO2 emissions.

Keywords: CO2 Emissions; Domestic Investment; Economic Growth; Sub-Saharan African Countries. (search for similar items in EconPapers)
JEL-codes: E22 O47 O55 Q56 (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-afr, nep-ene, nep-env, nep-fdg and nep-gro
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:120370

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