Sub-Saharan African countries are among mineral-rich developing countries strategically competing to guarantee sustainable economic development through resource exploration. The possibility of increasing the level of carbon emission due to using low-cost fuels and high pollutants during mineral resource extraction activities leading to environmental degradation continues to draw the attention of researchers and policy makers. This research aims to analyze the response of carbon emissions in the African continent to symmetric and asymmetric shocks on resource consumption, economic growth, urbanization, and energy consumption.
View Article and Find Full Text PDFTo limit the effects of carbon emissions and realize the Sustainable Development Goals (SDGs), countries worldwide seek efficient energy usage, economic sustainability, and natural resource blessing. Studies at the continental level mostly neglected the differences between the continents, while this study explores the long-run effect of natural resource rents, economic development, and energy consumption on carbon emissions and their interactions across the global panel of 159 countries divided into six continents from 2000 to 2019. Recently proposed panel estimators, causality tests, variance decomposition, and impulse response techniques were adopted.
View Article and Find Full Text PDFCarbon emission has been documented as a significant component of greenhouse gas that has been a significant source of environmental distortion globally. Based on panel data of 15 nations from 1980 to 2017, this study empirically investigates the impact of energy consumption, economic growth, urbanization, and energy consumption on carbon emission using panel co-integration tests and pooled mean group ARDL (PMG-ARDL) techniques. We augment the model with urbanization to establish the role urbanization plays in energy consumption, economic growth, and carbon emission nexus.
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