Promoting renewable energy sources, particularly in the solar industry, has the potential to address the energy shortfall in Central Africa. Nevertheless, a difficulty occurs due to the erratic characteristics of solar irradiance data, which is influenced by climatic fluctuations and challenging to regulate. The current investigation focuses on predicting solar irradiance on an inclined surface, taking into consideration the impact of climatic variables such as temperature, wind speed, humidity, and air pressure.
View Article and Find Full Text PDFThis paper estimates and establishes the causality between the Human Development Index (HDI), Gross Domestic Product (GDP), inflation and CO2 emissions on crude oil production (COP) in Cameroon from 1977 to 2019. To do so, the Augmented Dicky-Fuller and Zivot-Andrews stationarity tests, ARDL and NARDL modelling, as well as Toda-Yamamoto causality test are performed. Unlike previous studies on COP, this study incorporates the asymmetric impact (NARDL).
View Article and Find Full Text PDFThe relationship between oil rent and crude oil production remains unexplored in Cameroon. This study therefore aims to apply the Autoregressive Distributed Lag (ARDL) estimation technique and the Granger causality test using the Toda-Yamamoto procedure to capture the symmetric impact and causality links between oil rent and crude oil production in Cameroon. The study covers the period from 1977 to 2019, and includes crude oil prices, human development index (HDI) and corruption as other variables.
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