Clean energy-growth nexus in sub-Saharan Africa: Evidence from cross-sectionally dependent heterogeneous panel with structural breaks

Abstract : This paperexaminestheexistenceandnatureofacausalityrelationshipbetweencleanenergycon- sumption andeconomicgrowthforapanelofelevensub-SaharanAfricancountriesovertheperiod 1971–2007.Weapplythepanelunitroottestthataccountsforthepresenceofmultiplestructuralbreaks [13] and thenewly-developedpanelcointegrationmethodologywhichallowsforcross-sectiondepen- dence andmultiplestructuralbreaks [38] as wellasabootstrap-correctedGrangercausalitytest.The estimation resultsshowthatthereiscointegrationbetweencleanenergyconsumptionandeconomic growth.Further,theresultsfromthepanelcausalitytestsindicatethatthereisindeedaunidirectional Grangercausal flowfromcleanenergyconsumptiontoeconomicgrowth.
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Renewable and Sustainable Energy Reviews, 2016, 57, pp.1237-1244
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https://halshs.archives-ouvertes.fr/halshs-01370190
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Soumis le : jeudi 22 septembre 2016 - 10:43:49
Dernière modification le : lundi 26 septembre 2016 - 08:21:49

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  • HAL Id : halshs-01370190, version 1

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Mahamat Hamit-Haggar. Clean energy-growth nexus in sub-Saharan Africa: Evidence from cross-sectionally dependent heterogeneous panel with structural breaks. Renewable and Sustainable Energy Reviews, 2016, 57, pp.1237-1244. <halshs-01370190>

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