ANALYSE DU LIEN ENTRE LES EMISSIONS DE CO2, LEUR RESTRICTION ET LA CROISSANCE ECONOMIQUE DU TOGO

ANALYSIS OF THE NEXUS BETWEEN CO2 EMISSION, THEIR RESTRICTION AND ECONOMIC GROWTH OF TOGO

Palakiyem Kpemoua

MPRA Paper from University Library of Munich, Germany

Abstract: The purposes of this paper are to investigate empirically the impact of carbon dioxide emission and its restriction on Togo’s economic growth with a model that relies on a STIRPAT (Stochastic Impacts by Regression on Population, Affluence and Technology) suggested by Ehrlich and Holden (1971; 1972) modified, augmented with the restriction of carbon dioxide emission, and to test the causality between that emission and the economic growth. The empirical methodology is based on the autoregressive distributed lag approach suggested by Mohammad H. Pesaran and al. (2001) and on the cointegration and Toda and Yamamoto’s causality tests. The data cover the period 1960-2011. The results obtained indicate that the impact of carbon dioxide emission on Togo’s economic growth in the long-run is positive and significant. The results show also the existence of causality between carbon dioxide emission and economic growth according to Toda and Yamamoto and significant. Besides, the results indicate that the restriction of carbon dioxide emission by Togo compared with Benin in the long-run is negative and significant, while that restriction compared with Ghana’s is positive and significant on Togo’s economic growth. The results reveal also that Togo undertakes fewer efforts in reduction of carbon dioxide emission compared with Benin but more efforts compared with Ghana.

Keywords: Carbon dioxide; Economic growth; ARDL; cointegration; causality; Togo. (search for similar items in EconPapers)
JEL-codes: C32 H63 O49 Q50 (search for similar items in EconPapers)
Date: 2016-09-06, Revised 2016-10-10
New Economics Papers: this item is included in nep-ene and nep-env
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