Nigerian Economic Society
Hi Guest,
Home | Paper Submission | Signup |
      
Providing intellectual leadership in economic management in Nigeria
DECOUPLING GROWTH FROM CO2 EMISSION IN SELECTED ECOWAS COUNTRIES

DECOUPLING GROWTH FROM CO2 EMISSION IN SELECTED ECOWAS COUNTRIES

 

Abstract: This study investigated the link between GDP, energy consumption and CO2 emission and examined the role of decoupling CO2 from GDP and energy consumption in reducing climate change in six ECOWAS countries. Using data on real GDP per capita, energy consumption per capita, and CO2 emission for Benin, Côte d’Ivoire, Ghana, Nigeria, Senegal and Togo between 1970 and 2015, panel autoregressive distributed lag (PARDL), the study found evidence of a strong and positive link between CO2 and energy and growth for all six countries. Furthermore, the growth hypothesis was found to hold in the entire region in the long run while the conservation hypothesis held in the short run. The main implication of these findings is that these countries are more amenable to conservation policies in the short run. In the long run, however, attempts to conserve energy consumption may harm growth. Increased decoupling of CO2 from energy consumption was found to lead to higher energy intensity, thereby validating the energy rebound effect in these countries. However, increased decoupling of CO2 from economic activity was found to reduce energy intensity in the entire region in the long run. It is recommended that the need to pursue greater growth in these countries ought to factor in the link between energy and growth and between energy and CO2 emission as well as the limitation of conservation as a reliable long-term strategy for curbing CO2 emission.

JEL classification: Q43, Q56

Price: N500.00 | Add to cart
 

 

 

Login

Forget password? | Signup for Free!
Note: You must signup your email and create a password before you can register as an NES member
 

Latest News

NES-63RD-ANNUAL-CONFERENCE-2022

Conference virtual link: https://us02web.zoom.us/j/83983249180?pwd=aXFkRGpoMFFoN1lpcGlqTUFGdUFsUT0...read more


2022 ANNUAL CONFERENCE POSTER

Kano State, the commercial city of Northern Nigeria will host NES 63rd Annual Conference 2022. The c...read more


Nigerian Economic Society 63RD ANNUAL CONFERENCE 2022

The Nigerian Economic Society wishes to inform the general public on her forthcoming Annual Conferen...read more


63rd ANNUAL CONFERENCE ANNOUNCEMENT: CALL FOR ABSTRACTS

63rd ANNUAL CONFERENCE ANNOUNCEMENT 26 - 30 September 2022 Venue: Kano, Kano State, Nigeria ...read more


NEW EXECUTIVE COUNCIL OF THE NIGERIAN ECONOMIC SOCIETY

At the end of the Annual General Meeting (AGM) during the 62nd Annual Conference of the Society held...read more


NES 2021 PhD THESIS PRIZE AWARD WINNERS

Winners of the 2021 NES PhD Thesis Award Prize in Economics. 1st Prize - Shitile, Tersoo Shimonka...read more


E-Mail Subscription

VoguePayVisaMasterCard