Environmental Kuznets curve hypothesis and the role of globalization in selected African countries
Muhammad Shahbaz (),
Sakiru Solarin and
Ilhan Ozturk ()
MPRA Paper from University Library of Munich, Germany
The present study incorporates globalization and energy intensity into the CO2 emissions function and investigates the presence of Environmental Kuznets Curve (EKC) in 19 African countries for the time period of 1971-2012. We have applied the ARDL bounds testing approach to cointegration to examine the long run relationship in the variables. Our results confirmed the presence of cointegration between the series in Africa, Algeria, Angola, Cameroon, Congo Republic, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Tanzania, Togo, Tunisia, Zambia and Zimbabwe. The results indicated the positive effect of energy intensity on CO2 emissions in Africa, Algeria, Angola, Cameroon, Congo Republic, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Togo, and Tunisia while energy intensity declines CO2 emissions in the case of Zambia and Zimbabwe. Globalization decreases CO2 emissions in Africa, Angola, Cameroon, Congo Republic, Egypt, Kenya, Libya, Tunisia and Zambia but increases CO2 emissions in Ghana, Morocco, South Africa, Sudan and Tanzania. The EKC exists in Africa, Algeria, Cameroon, Congo Republic, Morocco, Tunisia and Zambia but U-shaped relationship is found between economic growth and CO2 emissions in Sudan and Tanzania.
Keywords: EKC; Energy; Globalization; Africa (search for similar items in EconPapers)
JEL-codes: Q4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene and nep-env
Date: 2016-03-01, Revised 2016-03-04
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:69859
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