The Nexus between Economic Growth, Energy Consumption, Agricultural Output, and CO<sub>2</sub> in Africa: Evidence from Frequency Domain Estimates
This study examined the nexus between economic growth, energy consumption, and the environment with the moderating role of agricultural value addition and forest in Africa based on data sourced from 1980 to 2019. We employed both the time domain and frequency domain panel Granger causality estimatio...
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| Format: | Article |
| Language: | English |
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MDPI AG
2023-01-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/16/3/1239 |
| _version_ | 1827760116657553408 |
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| author | Adedoyin Isola Lawal |
| author_facet | Adedoyin Isola Lawal |
| author_sort | Adedoyin Isola Lawal |
| collection | DOAJ |
| description | This study examined the nexus between economic growth, energy consumption, and the environment with the moderating role of agricultural value addition and forest in Africa based on data sourced from 1980 to 2019. We employed both the time domain and frequency domain panel Granger causality estimation techniques to compare results across the different horizons. Extant literature suggests the inability of time domain estimation techniques to account for causality at different frequencies. The study also accounts for the nexus among our variables both at the single-country and multi-country levels. The results at the single-country level are at best mixed. The results of the panel Granger causality at the frequencies domain suggest that a bi-directional relationship exists between energy consumption and economic growth, and that energy consumption Granger causes carbon emissions in Africa. The results align with the feedback hypothesis on the one hand but contradict the conservation hypothesis on the other hand. The study has some policy implications. |
| first_indexed | 2024-03-11T09:45:53Z |
| format | Article |
| id | doaj.art-474a76881ee044bb856309fb2cec297b |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-11T09:45:53Z |
| publishDate | 2023-01-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-474a76881ee044bb856309fb2cec297b2023-11-16T16:34:39ZengMDPI AGEnergies1996-10732023-01-01163123910.3390/en16031239The Nexus between Economic Growth, Energy Consumption, Agricultural Output, and CO<sub>2</sub> in Africa: Evidence from Frequency Domain EstimatesAdedoyin Isola Lawal0Department of Economics, Bowen University, Iwo 232102, NigeriaThis study examined the nexus between economic growth, energy consumption, and the environment with the moderating role of agricultural value addition and forest in Africa based on data sourced from 1980 to 2019. We employed both the time domain and frequency domain panel Granger causality estimation techniques to compare results across the different horizons. Extant literature suggests the inability of time domain estimation techniques to account for causality at different frequencies. The study also accounts for the nexus among our variables both at the single-country and multi-country levels. The results at the single-country level are at best mixed. The results of the panel Granger causality at the frequencies domain suggest that a bi-directional relationship exists between energy consumption and economic growth, and that energy consumption Granger causes carbon emissions in Africa. The results align with the feedback hypothesis on the one hand but contradict the conservation hypothesis on the other hand. The study has some policy implications.https://www.mdpi.com/1996-1073/16/3/1239energy consumptioncarbon emissionsagricultural outputeconomic growthAfrica |
| spellingShingle | Adedoyin Isola Lawal The Nexus between Economic Growth, Energy Consumption, Agricultural Output, and CO<sub>2</sub> in Africa: Evidence from Frequency Domain Estimates Energies energy consumption carbon emissions agricultural output economic growth Africa |
| title | The Nexus between Economic Growth, Energy Consumption, Agricultural Output, and CO<sub>2</sub> in Africa: Evidence from Frequency Domain Estimates |
| title_full | The Nexus between Economic Growth, Energy Consumption, Agricultural Output, and CO<sub>2</sub> in Africa: Evidence from Frequency Domain Estimates |
| title_fullStr | The Nexus between Economic Growth, Energy Consumption, Agricultural Output, and CO<sub>2</sub> in Africa: Evidence from Frequency Domain Estimates |
| title_full_unstemmed | The Nexus between Economic Growth, Energy Consumption, Agricultural Output, and CO<sub>2</sub> in Africa: Evidence from Frequency Domain Estimates |
| title_short | The Nexus between Economic Growth, Energy Consumption, Agricultural Output, and CO<sub>2</sub> in Africa: Evidence from Frequency Domain Estimates |
| title_sort | nexus between economic growth energy consumption agricultural output and co sub 2 sub in africa evidence from frequency domain estimates |
| topic | energy consumption carbon emissions agricultural output economic growth Africa |
| url | https://www.mdpi.com/1996-1073/16/3/1239 |
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