LAPSE:2023.3507
Published Article

LAPSE:2023.3507
The Nexus between Economic Growth, Energy Consumption, Agricultural Output, and CO2 in Africa: Evidence from Frequency Domain Estimates
February 22, 2023
Abstract
This study examined the nexus between economic growth, energy consumption, and the environment with the moderating role of agricultural value addition and forest in Africa based on data sourced from 1980 to 2019. We employed both the time domain and frequency domain panel Granger causality estimation techniques to compare results across the different horizons. Extant literature suggests the inability of time domain estimation techniques to account for causality at different frequencies. The study also accounts for the nexus among our variables both at the single-country and multi-country levels. The results at the single-country level are at best mixed. The results of the panel Granger causality at the frequencies domain suggest that a bi-directional relationship exists between energy consumption and economic growth, and that energy consumption Granger causes carbon emissions in Africa. The results align with the feedback hypothesis on the one hand but contradict the conservation hypothesis on the other hand. The study has some policy implications.
This study examined the nexus between economic growth, energy consumption, and the environment with the moderating role of agricultural value addition and forest in Africa based on data sourced from 1980 to 2019. We employed both the time domain and frequency domain panel Granger causality estimation techniques to compare results across the different horizons. Extant literature suggests the inability of time domain estimation techniques to account for causality at different frequencies. The study also accounts for the nexus among our variables both at the single-country and multi-country levels. The results at the single-country level are at best mixed. The results of the panel Granger causality at the frequencies domain suggest that a bi-directional relationship exists between energy consumption and economic growth, and that energy consumption Granger causes carbon emissions in Africa. The results align with the feedback hypothesis on the one hand but contradict the conservation hypothesis on the other hand. The study has some policy implications.
Record ID
Keywords
Africa, agricultural output, carbon emissions, economic growth, energy consumption
Suggested Citation
Lawal AI. The Nexus between Economic Growth, Energy Consumption, Agricultural Output, and CO2 in Africa: Evidence from Frequency Domain Estimates. (2023). LAPSE:2023.3507
Author Affiliations
Lawal AI: Department of Economics, Bowen University, Iwo 232102, Nigeria
Journal Name
Energies
Volume
16
Issue
3
First Page
1239
Year
2023
Publication Date
2023-01-23
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en16031239, Publication Type: Journal Article
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LAPSE:2023.3507
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https://doi.org/10.3390/en16031239
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Feb 22, 2023
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