Carbon dioxide emissions, economic growth, industrial structure, and technical efficiency: Empirical evidence from Ghana, Senegal, and Morocco on the causal dynamics

Philip Adom, William Bekoe, Franklin Amuakwa-Mensah, Justice Mensah () and Ebo Botchway

Energy, 2012, vol. 47, issue 1, 314-325

Abstract: This paper investigated the short-run causal relationships and the long-run equilibrium relationships among carbon dioxide emissions, economic growth, technical efficiency, and industrial structure for three African countries. Using Bounds cointegration approach the result showed evidence of multiple long-run equilibrium relationships for Ghana and Senegal but a one-way long-run equilibrium relationship for Morocco. The result from the Toda and Yomamoto granger causality test showed a mix of bidirectional, unidirectional, and neutral relationships for all countries. Whilst in Senegal carbon dioxide emission was not found to be a limiting factor to economic growth; it was found to act as a limiting factor to economic growth in Morocco and Ghana. Lastly, the result from the variance decomposition analysis revealed that economic growth contributes largely to changes in future carbon dioxide emissions in Senegal and Morocco whilst in Ghana technical efficiency contributes largely to changes in future variations in carbon dioxide emissions. These results have important policy implications for these countries' energy efficiency systems.

Keywords: Carbon dioxide emissions; Bounds cointegration; Toda and Yomamoto Granger causality; Ghana; Morocco; Senegal (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (69)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544212007037
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:47:y:2012:i:1:p:314-325

DOI: 10.1016/j.energy.2012.09.025

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().