Does energy consumption follow asymmetric behavior? An assessment of Ghana's energy sector dynamics

Sarkodıe, Samuel Asumadu; Crentsil, Aba Obrumah

doi:10.1016/j.scitotenv.2018.10.147

Cited by 17 publications

(12 citation statements)

References 38 publications

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“…A number of studies in the recent past have investigated the causal relationship between macroeconomic and human-induced indicators of environmental degradation using different econometric techniques such as the Statistically Inspired Modification of Partial Squares (SIMPLS) regression model, Ordinary Least Square (OLS), Markov-switching dynamic regression, NIPALS regression, Fully Modified Ordinary Least Squares (FMOLS), Dynamic Ordinary Least Squares (DOLS). However, these models have weaknesses such as multicollinearity (Sarkodie et al, 2019;Appiah et al, 2018;Asumadu-Sarkodie and Owusu, 2017). Saidi et al (2019) applied the ARDL model to examine the effect of crude oil prices on economic growth in South East Sulawesi, Indonesia.…”

Section: Review Of Research Literaturementioning

confidence: 99%

The causal relationship between agricultural production, economic growth, and energy consumption in Ghana

Ali

Ануфриев

2020

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Relevance. Transition to a low-carbon economy in order to effectively and efficiently exploit the natural resource base of a country is a daunting task, especially for developing countries due to their over-reliance on climate factors. This study focuses on the case of Ghana and assesses the impact of several indicators – agricultural production, economic growth and energy consumption – on the environment. Research objectives. The aim of the study is to describe the causal relationship between agriculture production, economic growth, energy consumption and environmental degradation. Data and Methods. Using time-series data from 1975 to 2014, the study employed the ARDL model to achieve its objectives. Results. The empirical results from the bounds test provide evidence of a long-run association when the covariates are regressed on environmental degradation. The significance of the error correction term at 1% level of significance confirms this assertion. The result further shows that there is evidence of a unidirectional short-run Granger causality and a bidirectional Granger causality among the variables. There was, however, no evidence of Granger causality between economic growth, livestock production index, crop production index and environmental degradation. Conclusion. It is recommended that policy makers should prioritize the adoption of environmentally friendly technologies both in the crop and livestock sub-sectors to ensure that while the food needs of citizens are met, environmental quality is not compromised. Moreover, it is important to ensure energy use efficiency in production.

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Section: Review Of Research Literaturementioning

confidence: 99%

The causal relationship between agricultural production, economic growth, and energy consumption in Ghana

Ali

Ануфриев

2020

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“…Some studies analyze energy consumption factors, in this research, empirical evidence on the relationship between energy consumption and its determining variables is classified in two large groups. The first one includes those studies that examine the relationship between human capital and energy consumption, since the population is a factor that affects energy consumption [33]. The work of Fang and Chang [34] is the first one to analyze the role of human capital in the relationship of energy and income, in its study of 16 countries in the region of Asia and the Pacific, applying FMOLS (Fully Modified Least Squares), and they find that human capital produces a one-way energy consumption.…”

Section: Review Of Previous Literaturementioning

confidence: 99%

Economic and Spatial Determinants of Energy Consumption in the European Union

et al. 2019

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In recent decades, various policies have been implemented to reduce energy consumption, as well as a considerable increase in research that analyzes the determinants of energy consumption, both with a standard feature, mitigating environmental degradation. However, few studies investigate the economic and spatial determinants of energy consumption in the European Union (EU). Therefore, to cover the knowledge gap, based on the review of the existing literature, this document is designed to analyze the determinants and energy policy in energy consumption in the EU. For this reason, the objective of this research is to analyze the effect of human capital, the price of oil, and Kyoto Protocol policy on energy consumption. In addition, the effect of contiguity and spatial concentration on energy consumption is studied for 34 European countries, of which 26 belong to the EU, for the period 2000–2016. For this, data collected from the World Bank (2017) and the World Energy Statistical Review (2017) were used. The work methodology is based on the application of econometric techniques for panel data, and spatial econometrics, based on the application of a Spatial Durbin Model (SDM), through which the existence of “spillovers” was determined in the implementation of the energy policy. The results of the estimates show a negative effect of the price of oil and human capital concerning energy consumption, and the variable "Policy" reflects a reduction in the energy consumption of the EU countries in the period analyzed. Additionally, the space panel confirms that the behavior of a country's energy consumption depends on its past values and the level of consumption presented by its neighbors, corroborating the importance of territorial contiguity in the success of environmental policy in the case of the European Union.

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“…Reviewing the previous work conducted locally and globally, household energy consumption attracts considerable attention [1]. The fact of the matter is that the growing consumption of energy sources is believed to be one of the considerable causes of environmental changes [2]. Referring to the United Nations Environment Program in 2016, households consume 40% of the primary energy (i.e., based on natural resources) in the world; hence, they are responsible for one-third of related global greenhouse gas (GHG) emissions [3,4].…”

Section: Introductionmentioning

confidence: 99%

Determinants of Variation in Household Energy Choice and Consumption: Case from Mahabad City, Iran

et al. 2019

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This study seeks to find a method to identify the dominant pattern of energy choice and consumption in households, centering on demographic factors affecting the use of home appliances. To this aim, this study dealt with a variety of energy sources widely used by households, namely, liquefied petroleum gas (LPG), electricity, and kerosene for cooking, heating and cooling, lighting, and home appliances. Additionally, significant associations for the household energy choice and consumption were identified for demographic variables including household size, gender, head-of-household age, educational level, and income group. A logistic regression analysis was performed to obtain quantitative data provided by a survey from 821 households across residential districts of urban and rural areas in Mahabad city, northwest Iran. Obtained data were analyzed within a proposed three-energy dimension model (3-ED). The results showed that, in the case of other variables remaining constant, income may lead to variation in LPG and electricity consumption. Unlike other independent variables, the head-of-household age failed to have a significant impact. The findings can contribute to a better understanding of effective factors got household energy choice and consumption in other cities, and they can be useful for the support of policy-makers in their consumption patterns.

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Does energy consumption follow asymmetric behavior? An assessment of Ghana's energy sector dynamics

Cited by 17 publications

References 38 publications

The causal relationship between agricultural production, economic growth, and energy consumption in Ghana

The causal relationship between agricultural production, economic growth, and energy consumption in Ghana

Economic and Spatial Determinants of Energy Consumption in the European Union

Determinants of Variation in Household Energy Choice and Consumption: Case from Mahabad City, Iran

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