Effect of natural resources extraction on energy consumption and carbon dioxide emission in Ghana

Kwakwa, Paul Adjei; Alhassan, Hamdiyah; Adu, George

doi:10.1108/ijesm-09-2018-0003

Cited by 178 publications

(90 citation statements)

References 57 publications

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“…In line with Kwakwa et al (2018), natural resources had a (1) significant positive impact on carbon emissions under the fixed and pooled OLS and (2) a non-significant positive effect on carbon emissions under the random and FMOLS. Consistent with theoretical predictions, trade openness' positive impact on carbon emissions was significant under the random and pooled OLS and non-significant under the fixed and FMOLS.…”

Section: Data Analysis Discussion and Intepretationsupporting

confidence: 55%

The Impact of Information and Communication Technology on Carbon Emissions in Emerging Markets

Tsaurai

Chimbo

2019

IJEEP

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This study explored the influence of information and communication technology (ICT) on carbon emissions in emerging markets using panel data analysis methods (fixed effects, random effects, pooled OLS, FMOLS) with annual secondary data spanning from 1994 to 2014. Additionally, the study investigated whether financial development and economic growth are channels through ICT has an influence on carbon emissions. Without interaction terms, ICT was found to have had a significant positive influence on carbon emissions across all the four panel data analysis methods. After introducing interaction terms, financial development was found to be a channel through which ICT increased carbon emissions under the fixed effects, random effects and the FMOLS. Under the pooled OLS, financial development was found to be a channel through ICT enabled the reduction in carbon emissions. Economic growth was found to be a channel through ICT lowered down carbon emissions in emerging markets across all the four panel data analysis methods.

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Section: Data Analysis Discussion and Intepretationsupporting

confidence: 55%

The Impact of Information and Communication Technology on Carbon Emissions in Emerging Markets

Tsaurai

Chimbo

2019

IJEEP

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“…However, the findings of these studies are mostly contradictory and unsettled across various methodological frameworks and countries scrutinised. While some works concluded that trade openness brings about improvement in environmental quality through various channels (Aichele & Felbermayr, 2013;Zerbo, 2015;Kwakwa, Alhassan & Adu, 2018;Li, Xu & Yuan, 2015;Shahbaz, Tiwari & Nasir, 2013c;Wan, Nakada & Takarada, 2018;Dogan and Seker, 2016;Ling, Ahmed, Muhamad & Shahbaz, 2015;Hasson & Masih, 2017;Jabeen, 2015;Cherniwchan, 2017;Dogan and Turkekul, 2016;Destek, Balli & Manga, 2016;Zerbo, 2017;Roy, 2017), a few studies contended that trade openness results in worsening environmental condition (Twerefou, Appiah-Konadu & Anaman, 2015;Jamel & Maktouf, 2017;Raza & Shah, 2018;Le, Chang & Park, 2016;Balin, Akan & Altayligil, 2017;Lin, 2017;Solarin, Al-Mulali, Musah, & Ozturk, 2017;Shahbaz, Nasreen, Ahmed & Hammoudeh, 2017;Fernández-Amador, Francois, Oberdabernig & Tomberger, 2017;Kebede, 2017). On the contrary, another group of works found robust evidence that trade openness has no impact on the environment (Gale and Mendez, 1998;Oh and Bhuyan, 2018).…”

Section: Literature Reviewmentioning

confidence: 99%

A step Towards Environmental Mitigation In South Africa: Does Trade Liberalisation Really Matter? Fresh Evidence From A Novel Dynamic ARDL Simulations Approach

Udeagha

Ngepah

2021

Preprint

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This study revisits the trade-CO2 emissions nexus for South Africa over the period 1960–2016. Our strategy is distinctively different from previous works in the following dimensions: we employ the recently developed novel dynamic autoregressive distributed lag (ARDL) simulations framework to examine the negative and positive changes in trade openness, technological innovation, industrial growth, energy consumption, foreign direct investment, technique effect, and scale effect on CO2 emissions. Second, we use an innovative measure of trade openness developed by Squalli and Wilson (2011) to capture trade share in GDP as well as size of trade relative to world trade for South Africa. Third, we use the frequency domain causality (FDC) approach, the robust testing strategy suggested by Breitung & Candelon (2006) which enables us to explore permanent causality for medium, short and long-term relationships among variables under review. Fourth, we employ the second-generation econometric procedures accounting robustly the multiple structural breaks which have been considerably ignored in earlier studies. For South Africa, we find that: (i) higher trade openness is strikingly injurious to the environment in the long run, although it is environmentally friendly in the short run; (ii) the scale effect increases CO2 emissions whereas the technique effect improves it, validating the presence of an environmental Kuznets curve (EKC) hypothesis; (iii) energy consumption, foreign direct investment and industrial value-added deteriorate environmental quality; (iv) technological innovation contributes to lower CO2 emissions; (v) the pollution haven hypothesis (PHH) exists; (vi) InSE, InTE, InOPEN, InEC, InFDI, InTECH and InIGDP Granger-cause InCO2 in the medium, long and short run suggesting that these variables are important to influence CO2 emissions. In light of our empirical evidence, this paper suggests that the international teamwork to lessen carbon emissions is immensely critical to solve the growing trans-boundary environmental decay and other associated spillover consequences.JEL Classifications: F18, F13, Q56; O13; F1; F41

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“…They argue that natural resource extraction or consumption through mining, agriculture, non-renewable can benefit the environmental. However, (Bekun et al, 2019;Kwakwa, Alhassan, & Adu, 2019) conclude there is a negative impact of natural resources on the environment. According to Kwakwa, Alhassan, and Adu (2019) They argue that natural resources abundance promotes higher economic development which induces serious environmental concerns.…”

Section: Literature Reviewmentioning

confidence: 99%

The Moderating Role of Green Energy and Energy-Innovation in Environmental Kuznets: Insights from Quantile-Quantile Analysis

et al. 2020

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The recent environmental challenges in Africa emanated from global warming, human activity, limited access to electricity, and over exploitation of natural resources, have contributed to the growth of carbon dioxide (CO2) emissions in the region. This paper empirically investigates the moderating role of green energy consumption and energy innovation in the environmental Kuznets' curve for the Sub-Saharan African (SSA) region using data spanning from 1980 to 2018. Our threshold model found that at least 54 per cent of population need access to energy innovation before the region could be safe from environmental degradation. We conclude that investment in green energy, energy innovation, and conservation of natural resources will help to mitigate environmental degradation in SSA in the long run. Policies should be targeted towards encouraging the consumption of green energy, and more investment in energy innovation beyond the estimated threshold will save the region from pollution and its implications.

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Effect of natural resources extraction on energy consumption and carbon dioxide emission in Ghana

Cited by 178 publications

References 57 publications

The Impact of Information and Communication Technology on Carbon Emissions in Emerging Markets

The Impact of Information and Communication Technology on Carbon Emissions in Emerging Markets

A step Towards Environmental Mitigation In South Africa: Does Trade Liberalisation Really Matter? Fresh Evidence From A Novel Dynamic ARDL Simulations Approach

The Moderating Role of Green Energy and Energy-Innovation in Environmental Kuznets: Insights from Quantile-Quantile Analysis

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