Recent evidence of the relationship between carbon dioxide emissions, energy use, GDP, and population in Ghana: A linear regression approach

Date

2017-01-01

Author

Asumadu-Sarkodie, Samuel
Owusu, Phebe Asantewaa

Metadata

Show full item record

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Item Usage Stats

166
views

0
downloads

In this study, the relationship between carbon dioxide emissions, energy use, GDP, and population was examined in Ghana from 1971-2013 using a linear regression approach. Evidence from the study shows a long-run equilibrium relationship running from energy use (EU), gross domestic product (GDP), and population to carbon dioxide emissions. There was evidence of long-run equilibrium relationship from GDP to carbon dioxide emissions and population to carbon dioxide emissions. There was a unidirectional causality from EU to carbon dioxide emissions, population to carbon dioxide emissions, and population to EU. Evidence from the fit regression model shows that, a 1% increase in EU, GDP, and population will increase carbon dioxide emissions by 0.58%, 0.73%, and 1.30%, which has policy implications for Ghana. As a policy recommendation, efforts by the Government of Ghana that provide the enabling environment for the creation of decent jobs, small and medium scale enterprises, creativity, innovation, scientific research, and technological advancement are essential in the fight against climate change.

Subject Keywords

Linear regression, Granger-causality, Econometrics, Carbon dioxide emissions, Ghana

URI

https://hdl.handle.net/11511/65538

Journal

ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY

DOI

https://doi.org/10.1080/15567249.2016.1208304

Collections

Engineering, Article

Suggestions

OpenMETU
Core

Energy use, carbon dioxide emissions, GDP, industrialization, financial development, and population, a causal nexus in Sri Lanka: With a subsequent prediction of energy use using neural network Asumadu-Sarkodie, Samuel; Owusu, Phebe Asantewaa (2016-01-01) The study examines the causal relationship between energy use, carbon dioxide emissions, GDP, industrialization, financial development, and population from 1971 to 2012 in Sri Lanka, using the ARDL regression analysis and a subsequent prediction of energy use using neural network. There was evidence of a long- run equilibrium relationship running from carbon dioxide emissions, GDP, industrialization, financial development, and population to energy use. The Granger causality test shows a unidirectional causa...
The impact of energy, agriculture, macroeconomic and human-induced indicators on environmental pollution: evidence from Ghana Asumadu-Sarkodie, Samuel; Owusu, Phebe Asantewaa (2017-03-01) In this study, the impact of energy, agriculture, macroeconomic and human-induced indicators on environmental pollution from 1971 to 2011 is investigated using the statistically inspired modification of partial least squares (SIMPLS) regression model. There was evidence of a linear relationship between energy, agriculture, macroeconomic and humaninduced indicators and carbon dioxide emissions. Evidence from the SIMPLS regression shows that a 1% increase in crop production index will reduce carbon dioxide em...
The causal nexus between energy use, carbon dioxide emissions, and macroeconomic variables in Ghana Asumadu-Sarkodie, Samuel; Owusu, Phebe Asantewaa (2017-01-01) The study examined the causal nexus between energy use, carbon dioxide emissions, and macroeconomic variables in Ghana with data spanning from 1960 to 2013 using the vector error correction model (VECM). It is evidential from the study that almost 12% of future fluctuations in energy use are due to shocks in financial development and 10% of future fluctuations in carbon dioxide emissions are due to shocks in energy use. There was evidence of a bidirectional causality between: energy use and financial develo...
Analyses on the Causality in Carbon Emission with respect to Economic Growth and Education ÜNLÜ, KAMİL DEMİRBERK; Kestel, Sevtap Ayşe (2017-01-01) This paper investigates the association between the level of carbon emission (CO2), economic growth and scholarly education levels in the countries chosen according to some specific characteristics using multivariate time series approach. It considers the impact of GDP and education enrollment, as a proxy of human capital, on the level of CO2 for the countries classified according to their economic developments and regional distribution. The analyses are assessed in three different cases two of which consid...
The relationship between carbon dioxide, crop and food production index in Ghana: By estimating the long-run elasticities and variance decomposition Sarkodie, Samuel Asumadu; Owusu, Phebe Asantewaa (2017-06-01) The study estimated the relationship between carbon dioxide, crop and livestock production index in Ghana: Estimating the long-run elasticities and variance decomposition by employing a time series data spanning from 1960-2013 using both fit regression and ARDL models. There was evidence of a long-run equilibrium relationship between carbon dioxide emissions, crop production index and livestock production index. Evidence from the study shows that a 1% increase in crop production index will increase carbon d...

Citation Formats

S. Asumadu-Sarkodie and P. A. Owusu, “Recent evidence of the relationship between carbon dioxide emissions, energy use, GDP, and population in Ghana: A linear regression approach,” ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY, pp. 495–503, 2017, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/65538.