Green growth in oil producing African countries: A panel data analysis of renewable energy demand

Ackah, Ishmael

doi:10.1016/j.rser.2015.05.030

Cited by 87 publications

(75 citation statements)

References 30 publications

(41 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In 2014, 63% of Sub-Saharan Africa's population still had no access to electricity. This implies that there is a need to provide modern energy to the present generation and make plans to accommodate for the future ones (Ackah & Kizys, 2015;WB, 2018). Carley (2009) suggested that countries with larger growth rates would likely build more power capacity to satisfy growing demand for electricity with RE deployment being a viable option for satisfying this rising demand.…”

Section: Socioeconomic Factorsmentioning

confidence: 99%

Determinants of renewable energy growth in Sub-Saharan Africa: Evidence from panel ARDL

Silva

Cerqueira

Ogbe

2018

Energy

221

101

View full text Add to dashboard Cite

Given the importance of renewable energy in the discussion of a reliable and sustainable energy future, it is imperative to understand its main determinants and to draw result implications for energy policy. This study analyses these determinants for Sub-Saharan Africa. Using a panel data technique, namely the panel-ARDL model for a period covering 1990-2014, the results suggest that economic development (per capita GDP) and an increased use of energy aid renewable energy development while population growth impedes it. Furthermore, the study investigates the potentials and current status of renewable energy in Sub-Saharan Africa. This article shows that although the region has great potential for developing renewable energy such as wind, biomass, solar and hydropower, dispersed throughout the continent, this potential has not been fully explored, even though many resources are plentifully available, and evidence good economic potential.

show abstract

Section: Socioeconomic Factorsmentioning

confidence: 99%

Determinants of renewable energy growth in Sub-Saharan Africa: Evidence from panel ARDL

Silva

Cerqueira

Ogbe

2018

Energy

221

101

View full text Add to dashboard Cite

show abstract

“…(iii) Akinlo (2008) with regard to energy consumption in Senegal, Congo, Zimbabwe, Sudan, Ghana and Gambia; (iv) Ozturk and Bilgili (2015) within the framework of biomass consumption in 51 African countries and (v) Ackah and Kizys (2015) who have recently shown that GDP per capita is a main driver of energy consumption in oil-rich African countries.…”

Section: Strong Causalitiesmentioning

confidence: 99%

“…The empirical findings confirm and reject the growth hypothesis for some sub-samples, implying that conservation policies could adversely affect growth. Sixth, Ackah and Kizys (2015) investigate the determinants of renewable energy in Africa using fixed effects, random effects and dynamic panel models to find that the principal drivers of renewable energy in oil-rich African economies are: energy resource depletion per capita, real income per capita, energy prices and carbon emissions per capita. Seventh, Raheem and Yusuf (2015) Noticeably, the above literature leaves room for improvement in two key areas, notably, the need to: (i) go beyond the scope of country-specific analysis and engage panel studies which have broader policy implications and (ii) position lines of inquiry within a trivariate analytical framework.…”

Section: Introductionmentioning

confidence: 99%

Testing the relationships between energy consumption, CO2 emissions, and economic growth in 24 African countries: a panel ARDL approach

Asongu

Montasser

Toumi

2015

Environ Sci Pollut Res

139

View full text Add to dashboard Cite

This study complements existing literature by examining the nexus between energy consumption (EC), CO 2 emissions (CE) and economic growth (GDP) in 24 African countries using a panel ARDL approach. The following findings are established. First, there is a long run relationship between EC, CE and GDP. Second, a long term effect from CE to GDP and EC is apparent, with reciprocal paths. Third, the error correction mechanisms are consistently stable. However, in cases of disequilibrium only EC can be significantly adjusted to its long run relationship. Fourth, there is a long-run causality running from GDP and CE to EC. Fifth, we find causality running from either CE or both CE and EC to GDP and inverse causal paths are observable. Causality from EC to GDP is not strong, which supports the conservative hypothesis. Sixth, the causal direction from EC to GDP remains unobservable in the short term. By contrast, the opposite path is observable. There are also no short-run causalities from GDP, or EC, or EC and GDP to EC. Policy implications are discussed.JEL Classification: C52; O40; O55; Q43: Q50

show abstract

“…Energy is needed for both economic and non-economic activities such as the maintenance of law and order and ensuring stability (Ackah et al, 2016;Kolawole et al, 2017;Kwakwa, 2017). From a purely economic perspective, one can argue that reliable and sustainable supply of energy makes possible the production of all goods services as well as the development of economic infrastructure (GWPRA final report, 2010 andEshun andAmoako-Tuffour, 2016;Mensah et al, 2016;Ackah, 2015 andAckah andKizys, 2015). It is estimated that Ghana lost between $320 million and $924million during the power crisis (ISSER, 2015).…”

Section: Background To the Studymentioning

confidence: 99%

Analysis of the drivers of Ghana's energy demand change using the Laspeyres index method of decomposition: Q‐effect, I‐effect and S‐effect

2018

Self Cite

View full text Add to dashboard Cite

Since independence, Ghana has experienced four major power crises as a result of the low water level in the hydro dams to generate the required amount of power for the country as well as limited and expensive supply of crude oil and gas. These energy supply constraints make it imperative for the country to rely on demand‐side management policies to address the energy crisis of the country. However, demand‐side management policies that are applied in generic terms without knowing the exact cause are likely to fail. This study therefore decomposes the factors that influence energy consumption into activity effect, intensity effect and structural effect, so that policymakers will know which factor(s) and also the sectors of the economy that are responsible for the large increases in energy consumption. This way, policymakers will apply the appropriate demand‐side management policy to a particular factor(s) and the sectors causing the increase to get the desired results. The study finds that activity effect is the main driver of energy consumption in Ghana.

show abstract

Green growth in oil producing African countries: A panel data analysis of renewable energy demand

Cited by 87 publications

References 30 publications

Determinants of renewable energy growth in Sub-Saharan Africa: Evidence from panel ARDL

Determinants of renewable energy growth in Sub-Saharan Africa: Evidence from panel ARDL

Testing the relationships between energy consumption, CO2 emissions, and economic growth in 24 African countries: a panel ARDL approach

Analysis of the drivers of Ghana's energy demand change using the Laspeyres index method of decomposition: Q‐effect, I‐effect and S‐effect

Contact Info

Product

Resources

About