Economics at your fingertips  

Exploring the Contribution of Energy Price to Carbon Emissions in African Countries

Bamanga Umar, Md. Mahmudul Alam () and Abul Quasem Al-Amin

No ru4jz, OSF Preprints from Center for Open Science

Abstract: The increasing level of greenhouse gas carbon emission currently exacerbates the devastating effect of global warming on the Earth’s ecosystem. Energy usage is one of the most important determinants that is increasing the amount of carbon gases being released. Simultaneously, the level of energy usage is derived by the price and therefore, this study examines the contribution of energy price to carbon gas emissions in thirteen African nations for the period spanning 1990 to 2017. It does this by utilizing the Cross-sectional Dependence (CD), Augmented Mean Group (AMG) and Pooled Mean Group (PMG) panel modelling methods. The findings of the AMG model suggest that a 1% increase in energy price leads to a 0.02% decerease in carbon emission. The results further reveal that a 1% increase in energy intensity and technological innovation lead to 0.04% and 3.65% increase in carbon emission, respectively, in the selected African countries. Findings will help policymakers to implement effective energy price policies to reduce carbon emissions and achieve sustainable development goals especially in the emerging economies of Africa.

Date: 2021-11-30
New Economics Papers: this item is included in nep-afr, nep-ban, nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)

Related works:
Working Paper: Exploring the contribution of energy price to carbon emissions in African countries (2021) Downloads
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:

DOI: 10.31219/

Access Statistics for this paper

More papers in OSF Preprints from Center for Open Science
Bibliographic data for series maintained by OSF ().

Page updated 2023-05-18
Handle: RePEc:osf:osfxxx:ru4jz