Revisiting the Environmental Kuznet Curve in Africa: The Interactive Role of Financial Development in Sustainable Environment

Jakada, Aminu Hassan; Mahmood, Suraya; Haron, Nazatul Faizah; Danmaraya, Ismail Aliyu

doi:10.46754/jssm.2022.4.001

Cited by 4 publications

(2 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Table 5 below indicates that the null slope homogeneity hypothesis was dismissed at a significance level of 1%, suggesting that a slope heterogeneity existed. The proof of parameter heterogeneity and cross-sectional dependency suggested that in the analysis conventional approaches such as PP, IPS and LLC are not suitable because of cross-sectional dependency issues (Danmaraya et al 2021;Jakada et al 2022c;Jakada et al 2022d).…”

Section: Slope Homogeneity Resultsmentioning

confidence: 99%

Role of Oil Prices in Financial Instability, Trade Openness and Economic Growth: Evidence from ASEAN Countries

2023

JEM

View full text Add to dashboard Cite

This paper examined the interaction effect of oil prices on financial instability, trade openness, and economic growth in leading ASEAN countries. Based on the data over 1970-2019 this research used the second-generation panel approach to examine the effects of this study. The results of the cross-sectional dependency (CD) test, and the slope homogeneity test showed that the slope heterogeneity exists among countries and the relationship between cross-sectional units. The findings of the co-integration have showed that financial instability, trade openness, oil prices and economic growth have a stable and long-run linkages. In addition, the findings have shown that economic growth is adversely impacted by financial instability and oil prices, and that trade openness has a positive effect on economic growth. The findings further demonstrated the negative effects on economic growth of the interaction term with oil prices and financial instability. The interaction term for oil prices and openness in trade, however, has a positive effect on leading ASEAN economies' economic growth. Nevertheless, the findings of the causal test showed a one-way causal association between financial instability and economic growth; oil prices and economic growth. Similarly, the results confirmed the bidirectional causality between trade openness and economic growth.

show abstract

Section: Slope Homogeneity Resultsmentioning

confidence: 99%

Role of Oil Prices in Financial Instability, Trade Openness and Economic Growth: Evidence from ASEAN Countries

2023

JEM

View full text Add to dashboard Cite

show abstract

“…In such manner, we first adopt the Chudik Pesaran cross sectional dependency test followed by a slope homogeneity test which is later complimented by unit root test before embarking on estimation (Jakada, et al, 2022a, Jakada, et al, 2022b, Jakada, et al, 2022cJakada, et al, 2022d;Kamalu, et al, 2022).…”

Section: Resultsmentioning

confidence: 99%

The Effect of Electricity Distribution Loos, Electricity Power Consumption, Electricity Intensity on Energy Consumption in West Africa

Atiku

Ismail²,

Roslan³

et al. 2022

IJEEP

View full text Add to dashboard Cite

This paper analyses the effect of electricity distribution loos, carbon emissions, growth, and energy consumption nexus in West Africa utilising pooled series data that spans the decades of 1970 to 2019. The paper employs cross sectional auto regressive distributive lag model (CS-ARDL), and Dumitrescu Hurlin Causality Test. The result of unit root test reveals that the variables have mixed stationary. In addition, the empirical analysis revealed a statistically significant negative relationship between electricity distribution losses on energy consumption while electricity intensity level, electricity power consumption and economic growth prevails positive on energy consumption in the log-run. The result established a unidirectional causal relationship running from energy consumption LEC to electricity distribution losses LEDL while a bidirectional relationship was found between electricity intensity level LEIL causing LEPC electric power consumption and carbon emission LCO2.

show abstract

Battling for net zero carbon: the position of governance and financial indicators

Gyimah,

Hayford,

Nyantakyi

et al. 2023

Environ Sci Pollut Res

View full text Add to dashboard Cite

Revisiting the Environmental Kuznet Curve in Africa: The Interactive Role of Financial Development in Sustainable Environment

Cited by 4 publications

References 0 publications

Role of Oil Prices in Financial Instability, Trade Openness and Economic Growth: Evidence from ASEAN Countries

Role of Oil Prices in Financial Instability, Trade Openness and Economic Growth: Evidence from ASEAN Countries

The Effect of Electricity Distribution Loos, Electricity Power Consumption, Electricity Intensity on Energy Consumption in West Africa

Battling for net zero carbon: the position of governance and financial indicators

Contact Info

Product

Resources

About