Electricity consumption and economic growth nexus in Zimbabwe revisited: fresh evidence from Maki cointegration

Samu, Remember; Bekun, Festus Vıctor; Fahrioğlu, Murat

doi:10.1080/15435075.2019.1598417

Cited by 55 publications

(29 citation statements)

References 45 publications

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“…This is achievable on the fact that most production processes need the energy to thrive. Thus, energy consumption supports livelihood and wellbeing as outlined by Samu, Bekun, and Fahrioglu (2019). However, there is a trade‐off in the consumption of energy sources, as it is well documented in the energy literature that most economies rely on fossil‐based energy sources which are characterized by pollutant emissions (CO 2 ) given they are readily available.…”

Section: Resultsmentioning

confidence: 94%

Nuclear energy consumption and economic growth in the UK: Evidence from wavelet coherence approach

Kırıkkaleli

Adedoyin

Bekun

2020

Journal of Public Affairs

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The aim of this present study is to assess the causal link between nuclear energy consumption and economic growth in the United Kingdom using Toda Yamamoto causality and wavelet coherence tests with the objective of responding to the following questions: (a) Does consumption of nuclear energy lead to economic growth in the United Kingdom and/or does economic growth lead to the consumption of nuclear energy sources in the United Kingdom, and (b) if so, why? The findings from wavelet coherence reveal that changes in economic growth lead to changes in nuclear energy consumption in the United Kingdom at different frequencies, especially in the long‐run, and in different periods between 1998 and 2017. In addition, there is a positive correlation between nuclear energy consumption and economic growth between 2002 and 2006 in the short‐run. In this study, we also check the consistency of the findings from wavelet coherence which is confirmed by the outcomes of Toda Yamamoto causality test. Therefore, the present study is likely to attract great interest from the policy‐makers and researchers in this field. At the same time, it is likely to start a new debate.

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Section: Resultsmentioning

confidence: 94%

Nuclear energy consumption and economic growth in the UK: Evidence from wavelet coherence approach

Kırıkkaleli

Adedoyin

Bekun

2020

Journal of Public Affairs

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“…Conclusively, the recent studies of Olanipekun, Saint Akadiri, Olawumi, Bekun, and Adewale (), Akadiri, Bekun, Taheri, and Akadiri (), Akadiri, Saint Akadiri, and Gungor (), Alola, Bekun, and Sarkodie (), Balcilar, Bekun, and Uzuner (), Balsalobre‐Lorente, Bekun, Etokakpan, and Driha (), Bekun and Agboola (), Bekun, Emir, and Sarkodie (), Saint Akadiri, Bekun, and Sarkodie (), Saint Akadiri, Alola, Olasehinde‐Williams, and Etokakpan (), Saint Akadiri, Lasisi, Uzuner, and Akadiri (), Samu, Bekun, and Fahrioglu () and Udemba, Güngör, and Bekun () all focus on the impacts of macroeconomic determinants on environmental degradation for various countries either through time series or panel‐based methodology.…”

Section: Introductionmentioning

confidence: 93%

Economic and social determinants of carbon emissions: Evidence from organization of petroleum exporting countries

Coşkuner

Paskeh

Olasehinde‐Williams

et al. 2020

Journal of Public Affairs

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This research investigates the economic and social determinants of carbon emissions in the Organization of Petroleum Exporting Countries (OPEC) over the period 1995–2016. The study particularly examines the link between CO2 emissions and four socio‐economic variables (per‐capita GDP, urbanisation, fossil fuel energy consumption and international trade). A long‐run relationship amongst these variables is confirmed by Kao, Pedroni and Johansen panel cointegration tests. Fully modified ordinary least squares outcomes show that the relationship between CO2 emission and GDP is non‐linear in OPEC countries and follows the inverted U‐shape suggested by the environmental Kuznets curve hypothesis. Also, urbanisation is responsible for a significant proportion of carbon emissions in OPEC countries. As expected, fossil fuel energy consumption is a significant positive driver of carbon emission. International trade significantly contributes to carbon emissions within OPEC member countries.

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“…The study's long run regression suggests that economic growth has a detrimental environmental impact on economic growth as observed for the Nigeria economy. Balcilar et al (2019) derived similar empirical outcomes from the conducted studies for Zimbabwe by Samu et al (2019) and Pakistan. Both studies support the findings of Bekun and Agboola (2019).…”

Section: The Related Studiesmentioning

confidence: 99%

The Criticality of Growth, Urbanization, Electricity and Fossil Fuel Consumption to Environment Sustainability in Africa

et al. 2019

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While most African economies are primarily sandwiched with the seemingly unsurmountable task of attaining consistent economic growth and unhindered energy supply, the enormous threat posed by environmental degradation has further complicated the economic and environmental sustainability drive. In this context, the present study examines the effect of economic growth, urbanization, electricity consumption, fossil fuel energy consumption, and total natural resources rent on pollutant emissions in Africa over the period 1980-2014. By employing selected African countries, the current study relies on the Kao and Pedroni cointegration tests to cointegration analysis, the Pesaran's Panel Pooled Mean Group-Autoregressive distributive lag methodology (ARDL-PMG) for long run regression while Dumitrescu and Hurlin (2012) is employed for the detection of causality direction among the outlined variables. The study traces long run equilibrium relationships b-etween examined indicators. The ARDL-PMG results suggest a statistical positive relationship between pollutant emissions and urbanization, electricity consumption and non-renewable energy consumption. Dumitrescu and Hurlin (2012) Granger causality test lends support to the long-run regression results. Bi-directional causality is observed between pollutant emissions, electricity consumption, economic growth and pollutant emissions while a unidirectional causality is apparent between total natural resources rent and pollutant emissions. Based on these results, several policy implications for the African continent were suggested. (a) The need for a paradigm shift from fossil fuel sources to renewables is encouraged in the region (b) The need to embrace carbon storage and capturing techniques to decouple pollutant emissions from economic growth on the continent's growth trajectory. Further policy insights are elucidated.

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Electricity consumption and economic growth nexus in Zimbabwe revisited: fresh evidence from Maki cointegration

Cited by 55 publications

References 45 publications

Nuclear energy consumption and economic growth in the UK: Evidence from wavelet coherence approach

Nuclear energy consumption and economic growth in the UK: Evidence from wavelet coherence approach

Economic and social determinants of carbon emissions: Evidence from organization of petroleum exporting countries

The Criticality of Growth, Urbanization, Electricity and Fossil Fuel Consumption to Environment Sustainability in Africa

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